Dollar Trend Reasserted – Short in Autos
Featuring Dave Floyd
Published on: April 6th, 2017 • Duration: 20 minutes • Asset Class: Equities, Currencies • Topic: Trading, US Dollar, Technical AnalysisDave Floyd returns for the April market update from Aspen Trading and this time he has a couple of actionable short term plays to share. With the dollar trend reasserting itself, he expects a slight pull back in the dollar index before a move higher, completing the correction off December lows. On the stocks side, Dave is looking at GM as a potential short, on the back of the lowest auto sales in two years. Filmed on April 4, 2017.