Gold Prices Print Shooting Star: Is The Bullish Trend Nearing End
The bullish breakout in Gold prices continued to start this week, but a bullish push in the USD helped to soften that move. The search for support is now ‘on.’
Oil lower but set to log big weekly gain
Oil futures fell Friday, but the U.S. benchmark remains on track for a more-than-3{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} weekly rise after a large fall in U.S. inventories and some cautious optimism on trade. West…
Do we have a ‘Bear Trap’ in the Russell 2000?
Markets enjoyed a second day of gains, although volume was down on prior days. Again, with the exception of the Russell 2000, it's still all noise of swings within larger…
Green dot signal on $QQQ, $DIA, $SPY
IndicatorsGMI: 3/6GMI-2: 5/8T2108: 37{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}This bounce may be for real. I took on some long positions on Thursday. Note that QQQ is about to break above its 30 day average (red…
The Best of the Aleph Blog, Part 42
Photo Credit: michel D’anastasio=========================In my view, these were my best posts written between May 2017 and July 2017:The Biggest Problems For Investors TodayThe “two-minute question” with a half hour response.Perceived…
SPX: Warning Gaps?
FEEDAs Friday’s trading action is coming to a close in a couple of hours before the Labour Day weekend, an interesting observation to note is this daily chart of the…
Stocks turn negative, Dow erases 152-point gain as Street ends wild August
Stocks fell on Friday, erasing earlier gains, as Wall Street concluded a volatile month. The Dow Jones Industrial Average traded 12 points lower, or 0.04{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}. The S&P 500 dipped 0.15{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}…
Morning Charts 08/30/2019 SPX
Comey a leaker and a liar and leaker? Nooooo way. LOL. iG and other reports need to be released and let’s get this shit over with. #LockThemAllUp https://www.zerohedge.com/news/2019-08-29/comey-should-be-sweating-doj-watchdog-finds-former-fbi-head-violated-law and or…
Week Ahead – New Tariffs Begin on China as RBA, BOC, Riksbank and CBR have rate decisions
Labor Day will not be quiet at all, as the US-China trade war remains tense, as certain tariffs kick in and will start to weigh on the US economy. Politics…
China Non-Manufacturing PMI came in at 53.8, above forecasts (53.6) in August
Read more on https://www.fxstreet.com
Dow Jones, DAX 30, FTSE 100, CAC 40 Technical Forecasts
The Dow Jones, DAX 30 and CAC 40 will look to extend their recent rebounds, but they must now negotiate various areas of resistance while the FTSE 100 struggles to…
Russell 2000 adds a little bullish gloss
There wasn't a whole lot to add today's action as 200-day MAs dominate near term action. The only index which offered a little kicker was the Russell 2000; it posted…
The Balance: Are You a Speculator or an Investor?
Photo Credit: Bernard Spragg. NZ || Ah, Hong Kong. Home to speculation and Investment.==========================One thing to do at The Balance is fix old articles. This article compares speculators and investors. What…
7 stocks at recent ATH: $NSP $CRM $TEAM $NOW $ETSY $COUP $OKTA
IndicatorsGMI: 5/6GMI-2: 5/8T2108: 81{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}NSP had huge gap up GLB to ATH on Monday.
Bank Nifty Weekly Expiry Analysis
As Discussed in Last Analysis We are back to 27000 our vedic number which mostly give 300-500 points move. Bulls will get active above 27100 for a move back to…
USD/JPY – Yen gains ground as Japanese GDP rebounds
USD/JPY has edged lower in the Thursday session. In the North American session, the pair is trading at 110.76, down 0.25{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} on the day. On the release front, Japanese Preliminary…
New Zealand Business NZ PMI fell from previous 55.1 to 53.1 in January
SOURCE: Forex News – Read entire story here.
Morning Charts 02/12/2019 SPX
Trump needs to quit boasting and lock her up. He does us no good if he can't lock up the deep state actors. On to the lie -SPX 60m -…
NZDUSD Elliott Wave Analysis: Triangle Takes Over
NZDUSD appears to be carving a bullish triangle wave in Elliott wave terms. This implies sideways consolidation and eventual break higher while holding above .6423.