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S&P Futures Recharge For Last Santa Rally Push, Less Than 1% Away From All Time High

S&P Futures Recharge For Last Santa Rally Push, Less Than 1% Away From All Time High

US futures were flat in muted trading following yesterday’s gain which pushed the S&P to within fractions of an all-time high amid trader hopes that the Federal Reserve is getting close to cutting interest rates, even if it means sparking another violent bout of inflation. As of 8:15 am, futures on the S&P 500 and […]
Silver Forecast: Looks For Buyers On Dips

Silver Forecast: Looks For Buyers On Dips

Silver exhibited a modest uptick during Tuesday’s trading session, hinting at the prevailing external bullish pressures. The prospect of further gains becomes apparent if we can sustain this upward momentum, potentially breaching the $24.75 threshold. Such a breakthrough could pave the way for an ascent toward the $26 level. It is worth noting that this juncture […]
Ovintiv Inc. Long Term Bullish Reversal

Ovintiv Inc. Long Term Bullish Reversal

Ovintiv Inc. (NYSE: OVV) is a leading North American exploration and production company. It is an oil and gas producer that explores, develops, produces, and markets natural gas, oil, and natural gas liquids. In this article, we delve into OVV’s technical structure based on Elliott Wave Theory and highlight its potential for further growth.Since its all-time high back in 2008, the […]
Asian Stock: Kia Corporation

Asian Stock: Kia Corporation

Company: Kia CorporationBloomberg ticker: 000270 KSMarket cap: US$25,115mBackground: Kia Corporation is a Korea-based company principally engaged in the manufacturing and distribution of automobiles. The Company’s products include passenger vehicles, recreational vehicles (RVs), taxis, buses, commercial vehicles as well as hybrid vehicles under the brand names of K3, K5, K7, K9, Soul, Sedona, Sorento, Sportage, and others.  World Class Benchmarking […]
EUR/USD Forex Signal: Slow Bullish Rise To 4-Month High Price 
                    
Long Trade Ideas

EUR/USD Forex Signal: Slow Bullish Rise To 4-Month High Price Long Trade Ideas

The Euro is not especially strong, but there is a divergence between the European Central Bank’s policy which is more hawkish, and the Fed which is turning more dovish.  Today’s EUR/USD SignalsRisk 0.75%.Trades may only be entered before 5pm London time today.  Short Trade Ideas Go short following a bearish price action reversal on the H1 timeframe […]
What If There Are No Analogs For 2024?

What If There Are No Analogs For 2024?

Image Source: Pexels  One of the favorite parlor games of financial analysts and seers is to make predictions about what will happen in the coming year based on past analogs such as the presidential election cycle, bond yield inversions, the Federal Reserve cutting interest rates, and so on.Part of the parlor game is to dig up obscure […]
Solana And Cardano: Solana With Support At 102.00 Level

Solana And Cardano: Solana With Support At 102.00 Level

Solana chart analysisThe price of Solana yesterday retreated to the 102.00 level. In a way, we tested the EMA50 moving average there, which gave us support. We quickly climbed to the 108.00 level and, from there, started a positive rally to the 114.00 level where we are now. With the current bullish consolidation, we could […]
Santa Claus Rally Supports Broad Market

Santa Claus Rally Supports Broad Market

Image Source: Pixabay  At yesterday’s stock market close, the Dow Jones Index (US30) was up by 0.43%, while the S&P 500 Index (US500) added 0.42%. The Nasdaq Technology Index (US100) closed positive by 0.54% on Tuesday. Stocks rose on Tuesday in leisurely holiday trading as markets in Europe and parts of Asia were closed for the Christmas holiday. Meanwhile, the S&P 500 Index (US500) hit […]
S&P 500’s Wyckoff Change Of Character Bar – What You Need To Know

S&P 500’s Wyckoff Change Of Character Bar – What You Need To Know

Image Source: Unsplash  Watch the video extracted from the WLGC session before the market open on 26 Dec 2023 below to find out the following: How to identify a “change of character bar” in the market The 2 key elements to determine a “threatening condition” The key support zone for the S&P 500 The immediate price target and the potential […]
Crude Oil Forecast: Continues To Rally

Crude Oil Forecast: Continues To Rally

At the end of the day, the recent rally in the crude oil market signifies bullish sentiment, with key technical levels playing a pivotal role in shaping the trajectory. The crude oil market staged a remarkable rally during Tuesday’s trading session, underscoring the presence of substantial bullish pressure as it looks like Federal Reserve policy is starting to take center […]