YM Bounces Out Of Major Support Fibonacci Moving Average Analysis Spinning Top Candlestick From Yesterday’s Session A possible Dead Cat Bounce? YM Bounces Out Of Major Support The E-mini Dow (YM) traded inside the support band between $28,688 and $29,692. This area is within the accumulation zone and topped back in 2020. The rumors that Read More…
Medium Term Outlook on Weekly Chart looks bearish Fibonacci Fan & Retracements Show more downside potential Possible Scalping opportunities abound for the Bulls Medium Term Outlook The fact that YM has broken below the previous 2022 low, coupled with the Feds stance on interest rate policy, gives much power to the bear case. There is Read More…
The two most significant stock markets indexes globally, the S&P500 and NASDAQ, ended Tuesday in a pretty remarkable fashion. The shares of some of the biggest banks got a nice boost after dividend hikes were announced, which is in direct contrast to the expected high valuations across the delta variant due to the global pandemic. Read More…
