Introduction Based on the latest inflation data, the U.S. dollar is likely to remain stable or potentially strengthen in the near term. The slowing but steady inflation rate, coupled with the Federal Reserve’s decision to maintain interest rates at their current elevated level, could make the dollar more attractive to investors seeking a safe haven. Read More…
Introduction The S&P 500 Futures (ES) has rebounded from its recent 7% pullback and broke above the all-time high on May 15th. Technicals look bullish and follow a trend. We can begin grinding down to shorter time frames, avoid looking for shorts, and focus solely on looking for longs on our short-term strategies. Why Daily Read More…
Gold prices recovered on Tuesday as demand rose due to a decline in US Treasury yields and the dollar. This decline came after the US released an upbeat wholesale inflation report that had the opposite effect on prices. At the same time, gold was stronger as Powell maintained his outlook that inflation would decline, hence Read More…
Equities ended slightly lower on Monday as investors stayed on the sidelines ahead of US inflation data. At the same time, they were preparing to receive the earnings reports of major US retail companies. This week, the US will release several important reports, including wholesale inflation, consumer inflation, and retail sales. All these will significantly Read More…
Dow Jones Futures (YM) have slightly underperformed by about 5% vs. ES and NQ, but nevertheless, the trend is bullish. The key feature on the daily chart is the ascending triangle formation, which gives us a target at the 200% FIbo level. This is the bullish target for the medium term. Keep an eye out Read More…
Hey traders, We’ve been working hard behind the scenes to bring you a feature that many of you have been asking for, and we’re excited to finally make it happen. Starting May 14th, we’re rolling out Multiple Accounts, which means you can trade up to three evaluation accounts and three funded accounts, all under one Read More…
