Archives by Month:

Archives by Year:

4 Hour Chart Elliott Wave Technical Analysis: EURGBP – Thursday, November 30

4 Hour Chart Elliott Wave Technical Analysis: EURGBP – Thursday, November 30

Image Source: PixabayEURGBP Elliott Wave Analysis Trading Lounge 4 Hour  Chart, 30 November 23Euro/British Pound(EURGBP) 4 Hour ChartEURGBP Elliott Wave Technical AnalysisFunction:  Counter TrendMode: corrective  Structure: wave C of black wave 2Position: Black wave 2Direction Next Higher Degrees: back wave 3Details: blue wave C of 2 is in play and looking near to end between fib […]
Shiba Memu Giveaway Continues As Crypto Market Displays Resilience

Shiba Memu Giveaway Continues As Crypto Market Displays Resilience

Image Source: Pexels Shiba Memu’s $100K giveaway continues as the project targets surged engagements. Crypto enthusiasts continue to explore new projects as the market steadies. SHMU prices remain poised for notable upticks. The crypto market rides a bullish wave, with Bitcoin navigating the $38K value area as it eyes levels past $40K. The magnified optimism has seen investors […]
SPDR ETF Report For Wednesday, November 29

SPDR ETF Report For Wednesday, November 29

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Wednesday, November 29.Video Length: 00:12:47More By This Author:Financial Markets Report For Wednesday, November 29Metals Report For Wednesday, November 29SPDR ETF Report For Tuesday, November 28
Bond Moves: TBT And TLT Seal Price Gaps, Anticipating Market Response

Bond Moves: TBT And TLT Seal Price Gaps, Anticipating Market Response

Image Source: PixabayWell, that’s that. Both TBT and TLT have sealed their price gaps. It would be QUITE appreciated if that was the limit of the bond move, thank you very much. We shall soon see.TBTTLTMore By This Author:Real Estate Faces Major Resistance, Posing Questions On The Continued Ascent Diverging Paths: Dow Hits Record High, While […]
Asia Morning Bites For Thursday, November 30

Asia Morning Bites For Thursday, November 30

Image Source: UnsplashGlobal macro and markets Global markets: Tuesday’s bond market rally continued on into Wednesday. 2Y Treasury yields fell a further 8.9bp to 4.645%, while the yield on 10Y Treasuries fell 6.5bp to 4.255%. Such a big move in a relatively short time argues for a correction at some point. There is still a little further […]
Elliott Wave Technical Analysis: DOGEUSD – Thursday, November 30

Elliott Wave Technical Analysis: DOGEUSD – Thursday, November 30

Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart, 30 November 23,Dogecoin/ U.S. dollar(DOGEUSD)DOGEUSD Elliott Wave Technical AnalysisFunction: Counter trendMode: CorrectiveStructure: …..Position: Wave 2Direction Next higher Degrees: wave ((2)) of ImpulseWave Cancel invalid Level: 4.50Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1))Dogecoin / U.S. dollar(DOGEUSD)Trading Strategy: Dogecoin recovered well from the 0.0573 […]
ETFs In Focus As Buffett’s Cash Surge Indicates A Likely Recession

ETFs In Focus As Buffett’s Cash Surge Indicates A Likely Recession

Image Source: PixabayBy September end, Warren Buffett’s Berkshire Hathaway had amassed an astounding $157 billion in cash, Treasury bills, and other liquid assets, marking a notable $50 billion surge within 12 months.According to Steve Hanke, as quoted on Business Insider, Berkshire Hathaway’s increasing cash reserves indicate the possibility that ‘The Oracle of Oklahoma’ is bracing for a […]
Bullion, Bonds, & Black Gold All Bid As Rate-Cut Hopes Ramp-Up

Bullion, Bonds, & Black Gold All Bid As Rate-Cut Hopes Ramp-Up

Image Source: PixabayInflation down (in Europe) and Growth up (in the US) prompted more ‘goldilocks’ narrative calls today.But, as Goldman’s Chris Hussey pointed out, 3Q GDP is in the rearview mirror, and the implications of the report (and other releases today) for 4Q GDP growth were not good. In fact, Goldman lowered their 4Q23 GDP growth forecast […]
Financial Markets Report For Wednesday, November 29

Financial Markets Report For Wednesday, November 29

Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, November 29.Video Length: 00:16:52More By This Author:Metals Report For Wednesday, November 29SPDR ETF Report For Tuesday, November 28Financial Markets Report For Tuesday, November 28
USDJPY Shows Incomplete Elliott Wave Bearish Sequence

USDJPY Shows Incomplete Elliott Wave Bearish Sequence

Image Source: UnsplashUSDJPY shows an incomplete bearish sequence from 11.13.2023 suggesting further downside. Down from 11.13.2023 high, decline is unfolding as a double three Elliott Wave structure. Down from 11.13.2023 high, wave (W) ended at 147.15. Wave (X) ended at 149.78 with internal subdivision as a double three in lesser degree. Up from wave (W), wave W […]