Investors remain cautious ahead of important inflation data. Tokyo’s core consumer prices increased faster than anticipated (by 4.0%) in December. Investors are anticipating remarks from Fed Chair Jerome Powell. Equities futures prices declined on Tuesday following hawkish remarks by two US Federal Reserve officials. Investors were also wary ahead of important inflation data. “Equity market Read More…
ES has broken out of a minor consolidation zone. Analyzing a few ways we can profit from current market conditions. Targets for bulls to aim for if the bullish momentum continues. Breaking Out January 6th session saw a big jump in the S&P 500 as ES closed the first week of the year up 1.8%. Read More…
Analyzing the multi-year level back from 2016. Fibonacci retracements, RSI, and a rolling top show further downside for 6E. A look at Bullish and Bearish Scenarios. Zooming Out The multi-year support & resistance level for 6E is $1.0543. This level has been tested multiple times since 2016. The market price is sitting on this level Read More…
Gold is now only 12% away from 2022 highs. Critical technical indicators that help us understand recent price action. Analyzing an Orderblock and Moving Average Band for Improved Entries. Gold Up 2.6% So Far in 2023 It’s been a positive start for Gold, with the yellow metal up 2.6% in the first week of trading Read More…
CL suffers a 9% decline in just two days, as suspected. Analyzing the order block responsible for multiple price rejections at $81.55. Evaluating the differences between time-based and range charts in a trending market. Quick Recap Before the end of the year, we looked at possible bearish targets around $67.98. CL dipped from $75 to Read More…
The bearish target below $11,000 has been reached. Using Fibonacci Retracements to set potential bearish targets. Analyzing the yearly NQ chart alongside quantitative easing. 3 indicators to pay close attention to. Bearish Break Of Consolidation Zone We have been monitoring the consolidation zone on NQ now since the middle of November. Price remained in a Read More…
