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  1. S&P 500 sharp bounce from lows suggests that traders are unsure of how to react to Dubai news. Next week should be especially interesting.
  2. S&P 500 now challenging previous congestion at 1100, bouncing impressively off of intraday lows. Likely to trade sideways through 1pm close.
  3. 1-Week Volatility Expectations have soared on problems in global equity markets. Surprising to say the least. http://tinyurl.com/yeun7sl
  4. S&P hit 1085 and quickly bounced, but bears haven't given up quite yet. continues hovering near said support level.
  5. S&P 500 has gapped sharply lower on the open, aiming for congestion near 1085, break lower eyes bigger decline.
  6. SSI: Markets remain relatively illiquid, and retail open interest is down considerably.Important to control risk through indecisive markets.
  7. Trading Signals: Breakout2 actively sold into the US Dollar breakdown, but I question whether we'll see further volatility for rest of week.
  8. USDJPY SSI is at an incredible 7.3 traders long for every short as it busts below significant trendline support.
  9. EURUSD price action somewhat like watching paint dry. I don't expect a great deal of movement next few days. Tomorrow morning is exception.
  10. USDJPY SSI continues at incredible 6.2 traders long for every short. Remains a contrarian sell, but pair has bounced at important trendline.
  11. Trading Signals: Breakout2 is having a tough time in extremely choppy price action. I would favor Range strategies for the coming week.
  12. EURUSD SSI moderated somewhat overnight, currently at 1.9 traders short for every 1 long. SSI-based strategies do poorly in range markets.
  13. S&P Futures near significant highs of 1112.25, and a break seems almost inevitable. Could only help the EURUSD rally above 1.5000.
  14. USDJPY SSI very extreme at 4.1 traders long for every short. Support looms very large at the 88.00 mark, however, limiting short potential.
  15. EURUSD SSI at a robust 2.3 traders short for every long, but resistance at 1.5050 looms large. Tough to call for long at this point.
  16. EURJPY Trade Update: Still sitting tight on my short. The pair's holding up at congestion just below 132, but still within downtrend channel
  17. GBPJPY SSI at 2.0, giving strong contrarian sell signal.11/2 low at 145.80 is next clear support, break sets up much bigger decline.
  18. USDJPY SSI remains near an incredible 5 traders long for every short, continues to give contrarian sell signal. Trendline lows at 88.30.
  19. EURUSD SSI is sitting near neutral as traders build long positions. Clear risk of bounce off of range lows, but sentiment points lower.
  20. REPORT: Weekly SSI now available on DailyFX.com. Main highlight is very recent shift towards USD selling: http://bit.ly/3xB4uP