A former US Defense Secretary said there are knowns and unknowns….and sometimes you have the combination of known unknowns…and that is where we find our selves for the past week or so; –first with Missile Launch in Syria to the North Korean prognostications of total obliteration of, well, just about everybody! Volatility has been held in check since Trump was elected President but since the Missile launch, we have seen Volatility move higher and now over this weekend we see the potential underground test of a nuclear bomb…all of these events are known, but the outcome and the “what comes next” is the unknown! And the financial markets hate, I mean absolutely hate near term unknowns! So we have hedged our portfolio and now we sit back and see what will come of it all. In this week’s market round-up I review the key price levels and where to next. Enjoy;
Don’t Be A Rat Brain Trader — Trade Smart !!