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Bitcoin Daily Forecast – Friday, Sept. 21

Bitcoin Daily Forecast – Friday, Sept. 21

Bitcoin did very little during the day on Thursday again, as we continue to grind sideways in a very tight range. I think that the market will continue to sell off rallies at this point, because quite frankly we just don’t have enough interest in the market as the market continues to shrug off the […]
Gold And Gold Stocks – Small Rays Of Light In The Vale Of Tears

Gold And Gold Stocks – Small Rays Of Light In The Vale Of Tears

A Rebound Gets Underway – Will It Have Legs? Ever since the gold indexes have broken below the shelf of support that has held them aloft since late 2016 (around 165-170 points in the HUI Index), the sector was not much to write home about, to put it mildly. Precious metals stocks will continue to […]
EUR/USD Getting A Bit Of Altitude Sickness

EUR/USD Getting A Bit Of Altitude Sickness

The EUR/USD is trading near 1.1800, holding onto high ground. Markets are calm about trade and ignoring other concerns.  The technical charts show the pair is flirting with overbought conditions. The EUR/USD is trading just below 1.1800, holding onto the gains it enjoyed on Thursday. A risk-on atmosphere dominates financial markets. The US announced a 10% tariff […]
Indian Indices Trade Strong; Yes Bank Tanks 20%

Indian Indices Trade Strong; Yes Bank Tanks 20%

After opening the day in green share markets in India are trading on a positive note and are presently trading above the dotted line. Sectoral indices are trading on a mixed note, with stocks in the and stocks in the witnessing maximum buying interest. The BSE Sensex is trading up by 204 points (up 0.6%) and the NSE Nifty is trading up by […]
Americans Are Least Concerned About Economy Since 1991

Americans Are Least Concerned About Economy Since 1991

In this article, we will present two countervailing arguments which suggest the bull market has room to run and that it’s almost over. We aren’t going to solve where stocks are going in this article, but along the way we can make important points which add to your worldview when approaching the market. Most People […]
The Stock Market Has Been Exceptionally Strong This September. What’s Next For Q4 2018?

The Stock Market Has Been Exceptionally Strong This September. What’s Next For Q4 2018?

From a seasonality perspective, the U.S. stock market is weakest in September. However, the U.S. stock market has been exceptionally strong this September despite starting with some short term weakness. In other words, it has completely ignored “sell in May and go away” from May – September this year. When the market ignores bearish seasonality, forward […]
Deadly Dangers Lurk In Natural Gas Distribution Lines

Deadly Dangers Lurk In Natural Gas Distribution Lines

A deadly gas explosion in Massachusetts underscores a hidden danger in the nation’s gas distribution system. We accept a lot of risks in life. In every year since 1946, at least 30,000 people have been killed in car accidents on U.S. highways. In some years, that number exceeded 50,000. Yet we continue to drive, even […]
USD/JPY Reaches Key 88.6% Fibonacci Decision Zone

USD/JPY Reaches Key 88.6% Fibonacci Decision Zone

USD/JPY 4 hour Source: Admiral Markets MT5 with MT5 USD/JPY motive wave – 21 September 2018 at 4:00 AM GMT The USDJPY stayed in the bullish channel and broke above the resistance trend line (dotted orange) and the 78.6% Fibonacci retracement level for a continuation higher. The price is now approaching the next key decision zone, which is the 88.6% Fibonacci retracement level. The USDJPY currency pair will […]
S&P 500 And Nasdaq 100 Forecast – Friday, Sept. 21

S&P 500 And Nasdaq 100 Forecast – Friday, Sept. 21

S&P 500 The S&P 500 made a fresh, new, high price for the session on Thursday, as we continue to power to the upside. The market looks very likely to continue to attract buyers on dips, just as we have seen over the last several sessions. Ultimately, the 2900 level underneath is going to be […]
EUR/USD Eyes A Happy Friday After Rallying On Thursday

EUR/USD Eyes A Happy Friday After Rallying On Thursday

The EUR/USD made a significant move to the upside and consolidated in the upper part of the 1.1700 handle. What’s next? The Technical Confluences Indicator shows that the pair is currently battling the 1.1788 level. This is the convergence of the Pivot Point one-month Resistance 1, the Bolinger Band 4h-Upper, the BB 15m-Upper, the 4h high, and the 1h-high. The next […]