This Could Mark a Short Term Bottom

Stock Market Options Trading

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1y ago 7:35

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This episode is for informational purposes only and should not be considered financial advice.

I'm taking cues from the US Dollar in looking for a short term bottom in the stock market. The strong USD is a result of rising interest rates and can put pressure on stocks. As the market is still in correction as of this episode, I'll be looking for UUP to break its uptrend using a simple moving average cross as a clue that a short term bottom may be in place.

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