Happy Sunday everyone,
After a week-long vacation, I am excited to be back.
We have a lot to go over to prepare for the week but, the first thing we must understand is…REALITY.
The reality is, this week the price action in the markets will be massively dependent on headlines coming from:
Bank Of Japan
FOMC Policy Meeting
Bank Of England
These three will be announcing their policy decisions and expected rate hikes (except for the BOJ,).
The reality is, that the market has already begun pricing in the FEDS decision after the CPI data was released last week.
The big thing to watch this week is going to be THE US DOLLAR!
If the Bank of Japan issues any sort of shift in tone from dovish to hawkish this could cause demand to flow out of the dollar and into the YEN!
So why should you care about this?
This is important because a weaker dollar could be a catalyst for NASDAQ/Growth stocks to attract demand.
Without any further discussion, lets gets into our report.
In this report we will go over:
Quick Guide included in report with price levels
Market Breadth
A Stock That NEEDS To Be On Watch
A Specific Stock Group To Watch With SOLID Chart Set Ups!
S&P 500 Commentary
US Dollar Commentary
Bottom Line
Lets get started⬇️