Last week didn’t see the best performing week for US equities, as the S&P500 closed down 2.6% SPY 0.00%↑.
However, the US Dollar USD 0.00%↑ finally closed above 105 resistance. These two events have set up some good trade ideas and FX plays.
Starting with equities, we have three short ideas and two long ideas. The risk/reward favours short trades in underperforming sectors.