Retail Buyers Shopping for the Dip?
S&P 500, Dow Jones, AUD/USD Dealer Positioning – Speaking Factors
- IG Consumer Sentiment hints S&P 500 could fall
- Dow Jones outlook pointing bearish as nicely
- AUD/USD dangers extending losses after prime
On this week’s webinar on IG Consumer Sentiment (IGCS), I mentioned the outlook for the S&P 500, Dow Jones and growth-linked Australian Dollar. IGCS is a contrarian indicator. For a deeper dive into what this implies and for elementary evaluation, take a look at the recording of the session above the place I additionally outlined the street forward for NZD/USD, USD/JPY and GBP/JPY beginning across the 30-minute mark.
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