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Gold Trading Strategy For Tuesday, July 9

Gold Trading Strategy For Tuesday, July 9

Image Source: PixabayToday you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD? What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:03:42More By This Author:Dow Jones Weekend Analysis & Week Ahead […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Monday, July 8

Nasdaq 100 & S&P 500 Elliott Wave Update – Monday, July 8

Image Source: PexelsBuyers remain active on Monday in both the ES and NQ. Both markets pushed to additional new ATH’s. All remains in place with regard to finishing moves to cap off Minor 3rd waves. I’ve updated the labeling and the Fibonacci levels for both markets.Video Length: 00:22:51More By This Author:Weekly Technical Update: S&P 500 – […]
Elliott Wave Technical Analysis: Polkadot Crypto Price News For Tuesday, July 9

Elliott Wave Technical Analysis: Polkadot Crypto Price News For Tuesday, July 9

Image Source: PixabayElliott Wave Analysis TradingLounge Daily ChartPolkadot/ U.S. dollar(DOTUSD)DOTUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: FlatPosition: Wave CDirection Next higher Degrees: wave (II) of ImpulseWave Cancel invalid level: Details: Wave II Is equal to 61.8% of Wave I at 5.225Polkadot/ U.S. dollar(DOTUSD)Trading Strategy: Polkadot overall is still in the period of correction. In the position of wave (II) […]
Financial Markets Report For Monday, July 8

Financial Markets Report For Monday, July 8

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, July 8.Video Length: 00:14:54More By This Author:Metal Markets Report For Friday, July 5Financial Markets Report For Friday, July 5Japanese Yen Crashes To A Decade Low
S&P 500 Bullish Elliott Wave Sequence Remains In Play

S&P 500 Bullish Elliott Wave Sequence Remains In Play

Image Source: PexelsShort Term Elliott Wave View in S&P 500 (SPX) suggests that cycle from 4.20.2024 low is in progress as a 5 waves impulse. Up from 4.20.2024 low, wave 1 ended at 5325.49 and pullback in wave 2 ended in a zigzag structure. Down from wave 1, wave ((a)) ended at 5256.93 and wave ((b)) ended […]
Navigating The Market’s Relentless Climb

Navigating The Market’s Relentless Climb

Image Source: PexelsThe market has been making lifetime highs pretty much every day since mid-April, which makes it a bit of a challenge to write about. It’s sort of like being a weatherman in a place where it’s always clear and 72 degrees. We can see a more-or-less saucer pattern completing in every time scale imaginable, whether minute bars……..…….five-minute bars……..………..hour bars……………daily………………..or weekly, illustrating a ceaseless […]
September Rate Cut Bets Make These ETFs Attractive

September Rate Cut Bets Make These ETFs Attractive

Image Source: PixabayRate cut bets ramped up again following the slew of latest data, which signal a slowdown in the world’s largest economy. Traders now see a 78% chance of a September rate by the U.S. central bank, according to CME’s FedWatch tool. Traders are also pricing in a rising chance of a second rate cut […]
Consumer Credit Rises; Powell On Capitol Hill Tomorrow

Consumer Credit Rises; Powell On Capitol Hill Tomorrow

Image Source: PixabayMarkets fairly tiptoed through the first trading day of the week. With most of the impact on economic and earnings realities awaiting us in the back-half of the week, it only makes sense the major indices would move a tad more cautiously today. There were no significant Q2 earnings report or economic reports out […]
Asia Morning Bites For Tuesday, July 9

Asia Morning Bites For Tuesday, July 9

Image Source: Unsplash Global Macro and Markets   Global Markets: There wasn’t a lot of action in US Treasury markets yesterday, which may either suggest that Friday’s payrolls reaction was a little overdone (gets my vote), and/or that markets would prefer to wait and hear what Powell has to say to Congress over the next two days […]
This Rally Is Flashing Big Warning Signs

This Rally Is Flashing Big Warning Signs

Image Source: PixabayCurrently, we’re seeing an ever-increasing number of preliminary warning signs for the markets.The big smart money is already lightening up their positions. You can see that when companies announce very good results but the stocks get hit by lots of selling. That is because large amounts of shares can only be sold when there is […]