The DOW JONES (DJIA) & US DOLLAR still dominates the market as the year end celebration starts to kick-in; and this is in spite of the daily corrective moves. Exceptional Times Indeed!
Daily declining volumes due to year-end liquidation can be seen while position adjustments are being maintained by Institutional & Non-commercial including professionals investors would carry through some longer term positions as reflected with a steady Open Interest on both markets. Thus a higher degree of liquidity and investors funds have shifted more towards these markets as compared to a dwindling liquidity in the other financial markets such as the foreign exchange.
HAPPY NEW YEAR TO ALL!
ONLY THE BEST FOR YOUR TRADES THIS COMING 2015!
Thank you!
alexander@MEGATRADE101
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