Why a Risk-Off Period May Be Ahead for U.S. Markets

The video tutorial explores the recent sell-off in commodities, focusing on the Bloomberg Commodity Index and the impact of trade tensions on market trends. It includes a technical analysis of commodity indices, highlighting support levels and potential risk-off periods. The discussion extends to the effects of tariffs between the US and China on global markets. Joe Perry from Forex Analytics provides insights into trading strategies, particularly a bearish outlook on the New Zealand dollar, using technical patterns like flag patterns and Elliott wave analysis.

What was the percentage decline in the Bloomberg Commodity Index mentioned in the video?

• 4%

• 3%

• 2%

• 1%

What factor is primarily contributing to the 'risk-off' sentiment in the markets?

• Rising interest rates

• Trade tensions with China

• Inflation concerns

• Political instability

Which currency did Joe Perry previously give a bullish trade recommendation for?

• Euro

• Canadian dollar

• British pound

• Australian dollar

What chart pattern is identified in the analysis of the New Zealand dollar?

• Head and shoulders

• Cup and handle

• Flag pattern

• Double top

What is the target level mentioned for the New Zealand dollar based on the flag pattern?

• 0.6625

• 0.6900

• 0.6750

• 0.6800