Elliott Wave Outlook: Stocks, USD/CNH And Aussie

In this video analysis, we covered some interesting markets across the globe and we can see some clear patterns and interesting levels, which might be indicating a switch into a risk-off mode.

Put/Call ratio, EEM (Emerging Markets) and S&P 500 charts can be showing that stocks are trading at the extreme levels, especially if we consider Elliott Waves. Not only this, if risk-off is really about to show up, we can also see a clear bearish pattern on CAD/JPY, since we know that in risk-off, JPY is a safe-heaven. Not to mention correlated markets CNH and AUD, which confirm a potential risk-off market sentiment.

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