• A jump in volatility and the biggest equity slump in two-months has traders on alert for a risk reversal
• Looking for risk in other measures, though, the level of conviction seems to erode
Do you think the Yen crosses will break and reverse into serious bull trends or bounce and hold a range? We have coded the DailyFX-Plus strategies for Breakout, Range and Momentum to adapt to these market shifts.
Hungry for volatility and momentum that can last for just a few days, traders will natural gravitate to assessments of a true trend reversal with today's sharp corrections. Yet, calling the turn on trends that are months and years strong demands a more robust level of confirmation than a temporary flash of volatility. In today's Strategy Video, we look over the potential and probability behind this tumble in equities and yen crosses evolving into a full-scale risk-aversion move.
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