The thing to keep in mind about the Dow, is that the level typically gets priced in when the futures values start being broadcast earlier in the morning.
So, a low opening doesn't necessarily equate to a dollar push when the Dow opens.
Dow opened over -100, but EUR dropped little and then rose. Gold dragged the USD down as it's $-17.00.
Dow recovered quickly and the EUR was already in line.
Can't always take things at face value.
So, a low opening doesn't necessarily equate to a dollar push when the Dow opens.
Dow opened over -100, but EUR dropped little and then rose. Gold dragged the USD down as it's $-17.00.
Dow recovered quickly and the EUR was already in line.
Can't always take things at face value.
Capital Preservation is key to long term wealth accumulation