A quick summary of what 2022 has shown us and what we can take into 2023. A look into the importance of trader psychology. Technical analysis on various markets and a final note from Jay. What 2022 Has Shown Us 2022 has not been a year for the long-term investor. Traders with solid strategies and Read More…
The downward trend channel is still holding strong as the price begins moving back into it. Fibonacci, Morningstar, RSI, and FREMA analyses all point toward bearish momentum. Potential targets bears could be targeting. Down Channel The downtrend channel is still a massive factor on the NQ chart. Even though we have seen the price break Read More…
US oil stockpiles dropped by 5.89 million barrels for the week ending on December 16. The demand for heating oil in the US is expected to skyrocket. There are concerns about demand brought on by China’s COVID-19 increase. On Thursday, Oil prices increased for the fourth day in a row as US crude, heating oil, Read More…
This month, the 10-year US Treasury yield reached its highest level in response to the BoJ policy tweak. Investors are baffled about how to interpret the BoJ’s policy shift. Single-family homebuilding in the United States fell to a 2-1/2 year low in November. Equities held steady on Wednesday after closing higher on Tuesday. The dollar Read More…
RTY has been stuck in a very wide range since May Bearish trend line, anchored vwap, lightsaber candle stick and thick support level analysis A look at a new indicator that utilizes fractals Quick Recap In our previous article, we analyzed the order block on the Russell and expected there to be a large amount Read More…
The Bank of Japan increased the permissible band for long-term rates. The BOJ maintained its Yield Curve Control (YCC) targets. US equities have been dragged lower due to recession worries. Asian equities plummeted following an unexpected adjustment by the Japanese central bank to its bond yield limits on Tuesday that will allow long-term interest rates Read More…
