30.08.2017 • 13:00 GMT
S&P 500 Covers its Gap, Dollar Reversal Leaves a Tail, Speculators Seduced
• The market's sharp drop in response to the North Korea missile launch evaporated as the wore on Tuesday
• Reversals in the S&P 500 and VIX showed deflated risk concerns, while the Dollar recovered from a dip to 2.5 year lows
• Questions of conviction are more important than simple direction going forward - can we develop a strong trend here and now?