Traders are always trying to decipher the underlying risk appetite of markets. So, if several gauges of sentiment all turn at once, it’s worth paying attention. BoJo’s Brexit setback has certainly dampened spirits for traders, although it remains unclear whether it’s a mere blip in the road or the beginning of a broad reversal of risk appetite. For that, only time will tell (and Brexit and trade deal developments, or lack-off, are likely drivers going forward) but for now, we should pay attention to how risk appetite flipped in the US session. US Indices produced bearish candles near key resistance levels: Bojo’s ... (full story)