Video: S&P 500 Breakout Falters as Skepticism Compounded by Trump's 'Fire and Fury'

Talking Points:

• The S&P 500's bullish break Tuesday was a difficult move to sustain, but its quick failure would also end Dow's 10 day climb
• US President Trump's vow of 'fire and fury' should North Korea continue to threaten raised concern and the VIX above 11
• Both the Dollar and Yen crosses stand at the ready for developing risk trends, meanwhile the Kiwi faces the RBNZ decision

Both the EUR/USD and S&P 500 have stalled and threaten reversal. What has this remarkable progress meant in terms of speculators' trading? See the IG positioning data on the DailyFX Sentiment page.  (https://www.dailyfx.com/webinars?ref-author=Kicklighter)

Read the full article here:
https://www.dailyfx.com/forex/video/daily_news_report/2017/08/09/Trading-Video-SP-500-Breakout-Falters-as-Skeptcism-Compounded-by-Trumps-Fire-and-Fury.html

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@JohnKicklighter



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