Daily Alert – Wednesday 9th February 2022: Positive sentiment floats equities

Mark NugentDaily Alert, Feb 2022

Daily Alert – Wednesday 9th February 2022: Positive sentiment floats equities

Good morning.

Yesterday’s market sentiment was moderately risk-on. Equities and bond yields rose, and the JPY and USD fell. I was tempted into Japan225 long which so far is moving in the right direction. I chose this instrument in preference to the S&P500 as I felt there was a slightly better technical position on the Japan225.

Today’s calendar is sparse. I will manage my Japan225 trade, monitor sentiment and assess trade opportunities later this evening.

We’ll be back tomorrow.

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