Dollar Strength to Return?

Yet another FED day has come and gone, the dollar has been trending down and is approaching oversold levels and could trigger a risk off trade near term, here's how to play this:

1) Dollar Strength:

The dollar is oversold and is likely to bounce from oversold levels and strengthen against the Euro: 

Can play this via the Ultralong Dollar ETF UUP: 

 2) This should trigger a selloff in commodities like gold, oil and base metals which are overbought: 

Can play this via the ultra short basic materials ETF SMN: 

 3) The Volatility picture remains complacent suggesting a surge in volatility post the fed. 

Can play it via the ultra long ETF on volatility UVXY: 

 4) This could trigger a selloff in stocks, with the S & P 500 breaking down out of a massive rising wedge on the long term charts courtesy stocktwits.com: 

 Can play this via ultra short ETF’s

5) Collapsing High Yield:

A high yield collapse is just around the corner and can be played via the ultra short ETF SJB:

Interesting Market News and Views from global financial markets-3

1)Just 1pc of fund managers have beaten the stock market since Black Monday - Telegraph

From www.telegraph.co.uk - October 18, 9:43 AM

A fund that aims to mirror Warren Buffett’s investment style has beaten the
FTSE since Black Monday, but the vast majority of active funds have lagged
behind"

2)The skew view - the latest signal of stock-market doom? - Reuters

From www.reuters.com - October 18, 9:41 AM

Wall Street is forever on the lookout for ever more exotic indicators of impending doom for the stock market, and the latest measure to catch eyeballs is the CBOE Skew index .SKEWX which recently flashed panic signals like never before."

3) 38 Images of The 2015 Stock Market Crash

From www.innovativewealth.com -October 18, 9:40 AM

During the August 2015 stock market crash, markets around the world dropped significantly. What was the cause? The media blames China, but were they?"

4) Stock market crash sets new records in 1987 - New York Daily News

From www.nydailynews.com -October 19, 3:55 PM

Stock market crashes in 1987, under a selling avalanche of over half a billion shares, as traders recalled the Great Crash of 1929."

5) 3 Reasons Stock Market Corrections Are Inevitable - Motley Fool

From www.fool.com - October 19, 3:57 PM

You may not want the stock market to fall, but it's only a matter of time."

6) Deflation's least-understood danger is also its most serious

From uk.businessinsider.com - October 19, 3:59 PM

The world is grievously underestimating the danger of deflation."

Here are some more interesting market news and views.