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Market overview and forecast – May 2017. Trading opportunities and comments

https://www.youtube.com/watch?v=oGQ51NSywPc

Hi guys! I this video I share my opinion on upcoming trading month. I expect a lot of volatility in markets due to seasonal reasons and of course second round of French elections.

First of all pay your attention to S&P 500. I think nearest few sessions market will stay flat or drift down, but I am not a seller. I wait for buying signal and think pullbacks is a nice buying opportunity.

Gold is almost opposite – I think we will see short move up. But main trend for May will be down. So, I will look to selling signals.

Dollar index is another great market to watch. I expect it will start rally in a few sessions. So, look for buying signals.

Good luck and good trading!

Inna Rosputnia, female trader