Trading Week: Commodities rout

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by Chris Becker

It only takes one data print to reverse a correction, and the one we all love to hate, the US Non-farm payrolls is the corker! Friday’s print dragged unemployment below the 6% level and dragged stocks up by the coat-tails arresting a very mild, but much talked about dip. But is buy the dip back here in Australia?

This report is one I compile each week for my own trading decisions, and does not constitute investment advice. I may have positions, long or short, on multiple time frames (intraday, daily or longer term) in any or all of the markets discussed below.

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