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See how retail traders are positioning in the majors in your charts using the FXCM SSI snapshot.

Rather than slip peacefully into the liquidity drain of the weekend, fear exploded through the closing hours. This puts us in a very unpredictable situation for next week’s open. There are a range of sentiment benchmarks (DAX, Nikkei 225, high-yield indexes, GBP/JPY) that have cleared critical support and those that haven’t (S&P 500, USD/JPY). There was no debating the breadth and thereby the intention of the market’s move. Risk aversion took over. And, there is plenty of fundamental reasoning for that fire to keep raging. Yet, will the liquidity break with a holiday-extended weekend offer another stay of execution? It will be important to keep an eye on the fundamental catalysts dominating the headlines including Chinese exchange rate pressure, the plunge in commodities and key data like China’s 4Q GDP. That said, keep these sparks in the context of the big picture . We look to prepare you for the week ahead in this weekend Trading Video.

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