Introduction The Dollar has pulled back from its recent strength as rhetoric from the Trump administration has been less bullish for the greenback. DXY is still within the wide range we marked out earlier, between 96.22 and 101.97. A good reason for us to look at the Dollar is the impact it has on equities, Read More…
Introduction ES has now pushed through the prior all-time high around the 7,100 area and, at least for the moment, is holding above it. A new ATH in an extremely dangerous environment with regard to the war in the Middle East. Donald Trump is even calling for war with Cuba, and the equity markets are Read More…
Introduction Bitcoin has finally started to stabilize after dropping 53% since November. The selloff into the $58,000–64,000 support zone found buyers, and price has since pushed back up toward the mid-$70,000s. Momentum has improved, but that is not only in BTC, but also across assets, as even the S&P 500 has just made new highs. Read More…
Equities ended lower on Monday after gapping down from the previous session’s close amid a sentiment shift. Stocks had recorded a solid week as hopes for an end to the Iran war boosted risk appetite. However, uncertainty returned with the new week, pausing the rally. S&P 500 performance (Source: LSEG, Prof G Media) The two-week Read More…
Introduction It is the start of the week, and time to look at crude oil again. There are some signs of de-escalation taking place in the Middle East & ceasefire discussions, which are causing some profit-taking to take place. That is why we have seen CL move from $98 on Monday last week to $88 Read More…
Introduction NQ has staged a very aggressive V-shaped reversal, rallying from the ~23,000 lows back toward 26,500+, approaching the all-time high (~26,863). This is a big difference from a few weeks ago when NQ was sitting at a one-year low. Just recently, the market was breaking down, showing weakness and uncertainty. Now, it’s back within Read More…
