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Neo Crypto Price News Today Elliott Wave Technical Analysis 1

Neo Crypto Price News Today Elliott Wave Technical Analysis 1

Elliott Wave Analysis TradingLounge Daily Chart depositphotos Neo / U.S. dollar (NEO-X)NEOUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Double CorrectivePosition: Wave YDirection Next higher Degrees: Wave (II) of ImpulseWave Cancel invalid Level: 9.85Details: Wave (II) is likely to have ended and prices are resuming the uptrend.Neo / U.S. dollar (NEOUSD)Trading Strategy:It looks like the wave 2 correction […]
Elliott Waves: Bullish Pattern On SP500 Ahead Of Nvidia Earnings

Elliott Waves: Bullish Pattern On SP500 Ahead Of Nvidia Earnings

Markets are still slow ahead of Nvidia’s (NVDA) earnings report today after the US market closes. We may see tight ranges throughout today’s sessions as speculators are focused on Nvidia, especially since its last two earnings reports were very strong and pushed the entire market higher. So certainly, Nvidia could once again have a significant […]
Is The S&P 500 On The Verge Of A Breakout? 
                    
 

Is The S&P 500 On The Verge Of A Breakout?  

depositphotos Watch the video from the WLGC session to find out the following: How do we interpret low trading volume in the S&P 500 and its implications for future price movements?  how to interpret the market reaction from the Jackson Hole symposium and Fed minutes and what to expect next. The importance of monitoring supply spikes and what the absence […]
TON resumes block production post-outage

TON resumes block production post-outage

Key Takeaways TON blockchain experienced a halt in transactions due to an overload caused by the DOGS memecoin airdrop. Validators are urged to restart nodes to reestablish consensus on the TON network. Share this article The Open Network (TON) is back online after a six-hour outage that began at around 10:11 p.m. UTC on Tuesday, […]
This New Record High For Gold Changes Everything

This New Record High For Gold Changes Everything

 Gold has set another record high as Jerome Powell confirmed the Fed pivot. While gold has been driven to high heights by Eastern buying, we’re now seeing Western investors flocking to the metal as the shift to easier monetary policies begins.And gold stocks are also now beginning to outperform gold itself.This is what we’ve been waiting […]
IBEX Elliott Wave Cycle From Early This Month Is Mature And May Pullback

IBEX Elliott Wave Cycle From Early This Month Is Mature And May Pullback

Image Source: PexelsShort Term Elliott Wave in IBEX suggests decline to 10307.61 ended wave ((4)). The Index has turned higher in wave ((5)) but it still needs to break above wave ((3)) peak at 11469 to rule out a double correction. Internal subdivision of wave ((5)) is unfolding as a 5 waves impulse Elliott Wave structure. Up […]
Boring Regular Trading, Big After-Market On Q2 Beats: JWN, AMBA, BOX

Boring Regular Trading, Big After-Market On Q2 Beats: JWN, AMBA, BOX

Image Source: UnsplashThree out of the four major stock market indexes closed Tuesday’s session flat as a pancake. Such is trading life in the last week of August, typically. The Dow set a new record closing high, a mere 18 points above where it closed yesterday, +0.05%. Both the Nasdaq and S&P 500 finished the day […]
Nvidia Has Become The World’s ‘most Important Stock

Nvidia Has Become The World’s ‘most Important Stock

Image Source: Pexels Datapoint Dread  Today’s market seems to have become totally obsessed with the short-term, focusing on the ‘most important’ datapoints each week. For example, last week it was the minutes of the last Fed meeting followed by laser focus on Fed chairman, Jerome Powell’s Jackson Hole conference speech … both of which we seemed to survive […]
Gold Price Extends Rally Near The All-Time High Amid Geopolitical Risks, Fed Rate Cut Bets

Gold Price Extends Rally Near The All-Time High Amid Geopolitical Risks, Fed Rate Cut Bets

Image Source: Pixabay Gold price extends its rally in Wednesday’s Asian session.  The deteriorating situation in the Middle East and the Fed’s dovish stance underpin the Gold price.  Traders await the speeches from the Fed’s Waller and Bostic on Wednesday. The Gold price (XAU/USD) gains traction above $2,500 per troy ounce on Wednesday, bolstered by the […]
Time To Buy These Highly Ranked Building Products Stocks

Time To Buy These Highly Ranked Building Products Stocks

Image Source: UnsplashThe construction sector may be of interest to investors with the Fed likely to implement a rate cut of 25 basis points in September.Of course, lower interest/mortgage rates benefit homebuilders among other building product companies as demand is likely to rise for their services.Keeping this in mind, here are three highly-ranked building products stocks […]