Archives by Month:

Archives by Year:

US Imports Surge As China Beats Clock On Biden-Harris Tariffs

US Imports Surge As China Beats Clock On Biden-Harris Tariffs

As expected, China’s exports to the United States surged in July 2024 as that country’s exporters acted to beat the clock on the Biden-Harris administration’s new and expanded tariffs. Their deadline to ship as many goods as they could before many of these tariffs took effect on 1 August 2024 and it appears they succeeded.The surge was set […]
S&P 500: Is The Bottom Finally In Or More Weakness Ahead?

S&P 500: Is The Bottom Finally In Or More Weakness Ahead?

Watch the video extracted from the WLGC session before the market opens on 10 Sep 2024 to find out the following: Could the current technical rebound lead to a sustained rally, or is it just a short-lived bounce? How would the recent increase in supply and volatility impact the S&P 500? The key area the S&P 500 […]
Solana Surges Past $130 Resistance As Funding Rate Signals Bullish Momentum

Solana Surges Past $130 Resistance As Funding Rate Signals Bullish Momentum

The crypto market experienced a notable surge yesterday, with Solana (SOL) breaking past the crucial 4-hour resistance at $130. This breakout has caught the attention of investors, who now anticipate a potential price surge in the coming months as market sentiment remains optimistic.Many analysts are forecasting further gains, pointing to Solana’s recent performance as a […]
Analytical Overview Of The Main Currency Pairs – Wednesday, September 11

Analytical Overview Of The Main Currency Pairs – Wednesday, September 11

The EUR/USD currency pair Technical indicators of the currency pair: Prev. Open: 1.1037 Prev. Close: 1.1019 % chg. over the last day: -0.16 % Eurozone GDP growth for the second quarter was revised downward to 0.2%, in line with concerns that restrictive monetary policy has a greater impact on the bloc’s economy, especially in Germany. Consequently, […]
US CPI Data Featured

US CPI Data Featured

The Fed has been trying to shift the focus more to the labor market. But after last Friday’s jobs report, which produced an unimpressive NFP print and hotter hourly earnings, it’s going to be hard to deny the potential impact from today’s highly anticipated US inflation data.Video Length: 00:01:14More By This Author:Euro Underperforms On Data […]
Bitcoin volatile as August CPI report looms

Bitcoin volatile as August CPI report looms

Key Takeaways Bitcoin’s price increased by 2% before stabilizing ahead of the CPI data release. Market anticipates a rate cut at the FOMC meeting, influenced by CPI outcomes. Share this article The price of Bitcoin surged around 2% to $57,900 on Tuesday but the rally hit a pause ahead of August Consumer Price Index (CPI) […]
Elliott Wave Update: Crude Shows Inflation Can Soften

Elliott Wave Update: Crude Shows Inflation Can Soften

Good morning, everyone!The much-anticipated day is here, with the release of the US CPI report. Expectations are for a drop from 2.9% to 2.6%. However, it’s never easy to predict these numbers, especially when inflation is expected to shift so significantly, as it might today. US CPI vs. Crude OilOne key factor to keep in […]
Our Computer Chips-Related Portfolio Was -12% Week-Ending Sept. 6th

Our Computer Chips-Related Portfolio Was -12% Week-Ending Sept. 6th

There are 6 segments involved in the design, material supply, fabrication,  testing, packaging, and distribution of semiconductor devices such as microprocessors, memory chips, and sensors involving multiple companies, each with their own specialized contributions.Our Computer Chips PortfolioThe 27 pure-play stocks involved in the 6 segments are presented below, in descending order, for the w/e September […]
GOLD Targeting Next Resistance, XAUUSD Analysis & XAUUSD Forecast – Wednesday, September 11

GOLD Targeting Next Resistance, XAUUSD Analysis & XAUUSD Forecast – Wednesday, September 11

Today 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: 00:03:06More By This Author:Gold Has Stuck. Waiting For Breakout, Gold Analysis […]
Unlocking ASX Trading Success: VAS Stock Analysis & Elliott Wave Technical Forecast – Wednesday, September 11

Unlocking ASX Trading Success: VAS Stock Analysis & Elliott Wave Technical Forecast – Wednesday, September 11

ASX: V300AEQ ETF UNITS – VAS Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with V300AEQ ETF UNITS – VAS. We see that VAS may have finished wave 2-grey, and wave 3-grey is unfolding to push higher.ASX: V300AEQ ETF UNITS – VAS 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minor degree, grey)  Mode: Motive  Structure: Impulse  Position: Wave ((iii))-navy of Wave 3-grey  Details: Wave 2-grey just ended at the 94.13 low as an Expanded Flat. Wave 3-grey is unfolding to push much higher, it is subdividing and has just completed wave ((i)),((ii))-navy, now wave ((iii))-navy is probably unfolding to push much higher. The push below 98.39 suggests that the entire wave ((ii))-navy is extending longer than expected, but the end result is still wave ((iii))-navy will continue to push higher afterwards.  Invalidation point: 98.39 ASX: V300AEQ ETF UNITS – VAS  Elliott Wave Technical Analysis TradingLounge (4-Hour Chart)ASX: V300AEQ ETF UNITS – VAS 4-Hour Chart AnalysisFunction: Major trend (Minute degree, navy)  Mode: Motive  Structure: Impulse  Position: Wave ((iii))-navy   Details: Wave ((i))-navy just completed as Five-waves, wave ((ii))-navy also seems to have completed as Zigzag at the 98.39 low. Wave ((iii))-navy seems to be unfolding to push much higher. Pushing lower than that low, suggests wave ((ii))-navy is extending longer than expected. I am looking for trading setups around the Major 100.00 level. Invalidation point: 98.39 Conclusion:Our analysis, forecast of contextual trends, and short-term outlook for ASX: V300AEQ ETF UNITS – VAS aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends.More By This Author:XAGUSD Commodity Elliott Wave Technical Analysis […]