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…
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}…
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…
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…
China Non-Manufacturing PMI came in at 53.8, above forecasts (53.6) in August
Read more on https://www.fxstreet.com
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…
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…
Understanding the Market Rhythm
An ordinary forex trader will go out and learn technical analysis, fundamental analysis, and sentiment analysis, as all the books and online courses are saying, but only a few go…
EURUSD is Retracing The Bullish movement. Can go Up again ?
EURUSD reacted from the weekly Support 1.1107. The pair retested the daily low 1.1107 and manage to close above the support. According to the Weekly View, the pair is facing…
EUR/GBP Technical Analysis: Euro Prices Awaiting Range Breakout
EUR/GBP Technical Analysis EUR/GBP appears to be transitioning into a consolidation mode for the time being Upper boundary of the range around 0.89394 while the lower one is near 0.88108…
Midday Forex Prediction For August 30, 2019
EUR/USD (Last Price: 1.1041) SELL first, Entry = 1.1046, SL = 1.1086, TP = 1.1006 if hit SL, then BUY, Entry = 1.1086, SL = 1.1046, TP = 1.1126 GBP/USD…
Australian Dollar Battered Amid Market Turmoil Faces RBA and GDP
The Australian Dollar has got two huge economic data points on the schedule this week, but they may have to stray far from expectations to loosen overall risk appetite’s grip.
China NBS Manufacturing PMI came in at 49.5 below forecasts (49.7) in August
Read more on https://www.fxstreet.com
RBA Meeting Preview
The Reserve Bank of Australia meets tonight and new central bank governor is at the helm. Phillip Lowe, former RBA deputy governor succeeded Glenn Stevens and investors will be paying…
FX Week Ahead – Top 5 Events: August ISM US Services Data & USDJPY Rate Forecast
US Services data is due Thursday, which could spell volatility for a variety of US Dollar crosses – including USDJPY which remains trapped within its August range.
26-Year-Old Forex Trader Disrupts the Currency Market with A.I. – Yahoo Finance
26-Year-Old Forex Trader Disrupts the Currency Market with A.I. Yahoo FinanceYou'd think there would be more successful forex traders if all these training programs on the internet were worth anything.…
Squawk: Thursday May 9 #FX technical sentiment: #FLAT #MOFuturesFX
Thursday May 9 #FX technical sentiment: #FLAT #MOFuturesFX
Crude Oil Prices Aim Lower Amid Trade War, Recession Fears
Crude oil prices are likely to prolong a four-month downtrend as trade war and recession fears undermine demand prospects for the cycle-sensitive commodity.
A Euphoric Rally into Collapse Lesson from Square SQ
Here’s one for the lesson books – Square (SQ) had a euphoric or parabolic rally that gave way to the all-but-inevitable snap-back crash straight into a key support price. Here’s…