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Fake Out Or Breakout? Stock Market (And Sentiment Results) 
                    
 
General Market
Cooper Standard
Now onto the shorter term view for the General Market:

Fake Out Or Breakout? Stock Market (And Sentiment Results)   General Market Cooper Standard Now onto the shorter term view for the General Market:

On Wednesday, I joined the great Stuart Varney on Fox Business to discuss Stock Market, Inflation, Fed, Liquidity, Outlook and more.  Thanks to Stuart, Christian Dagger and Preston Mizell for having me on:Here were my “show notes” ahead of the segment:On Tuesday, I joined the great Henry Yin on CNA Live Singapore to discuss Stock […]
AUD/JPY At Potential Reversal Zone

AUD/JPY At Potential Reversal Zone

If you’re trading the Aussie, it’s crucial to keep an eye on China. China has shown a strong recovery at the start of the month, but now Chinese shares seem to be facing near-term weakness as I’m seeing a retracement that should be structured by three waves on Hang Seng Index – HSI. Even if […]
Stocks Retreat As Rate Cut Future Weighs

Stocks Retreat As Rate Cut Future Weighs

Stocks are swimming in red ink today, as investors grapple with hotter-than-expected inflation data. September’s consumer price index (CPI) rise of 0.2% month-over-month topped the 0.1% estimates, while the year-over-year figure also came in slightly above expectations, albeit at its lowest level since February 2021. In response, the Dow Jones Industrial Average (DJI) and S&P 500 […]
Hungarian Inflation Reaches Target After 44 Months

Hungarian Inflation Reaches Target After 44 Months

Inflation fell in September, hitting the central bank’s target for the first time since early 2021. Price pressures eased in services, but picked up in food. Despite the seemingly benign picture, it is FX stability rather than inflation data that will drive monetary policy decisions. Negative monthly repricing helps achieve inflation targetAs expected, inflation in Hungary […]
Uniswap debuts Ethereum L2 Unichain, UNI token surges 13%

Uniswap debuts Ethereum L2 Unichain, UNI token surges 13%

Key Takeaways Uniswap Labs is building Unichain as the home for DeFi liquidity. Unichain will initially support Uniswap protocol versions V2 and V3. Share this article Uniswap’s native governance token, UNI, surged 13% to $8.13 after Uniswap Labs debuted Unichain, its new Ethereum layer 2 solution. UNI is now trading above $8, up approximately 12% […]
Sun Pharmaceuticals Elliott Wave Technical Analysis – Thursday, October 10

Sun Pharmaceuticals Elliott Wave Technical Analysis – Thursday, October 10

SUN PHARMACEUTICALS – SUNPHARMA (1D Chart) Elliott Wave Technical AnalysisFunction: Larger Degree Trend Higher (Intermediate Degree orange)Mode: MotiveStructure: ImpulsePosition: Minute Wave ((v)) NavyDetails: Minute Wave ((v)) of Minor Wave 3 Grey might be complete around 1950-75 range. Please note that 2000 mark is major resistance. Alternatively Minor Waves 3, 4 and 5 could be complete as marked, and […]
Solana And Cardano: New Lows And Targets For Thursday

Solana And Cardano: New Lows And Targets For Thursday

Solana chart analysisThis morning, Solana dropped to a new weekly low of $137.55. After that, the price finds support at that level and recovers to the $140.00 level. We need stronger momentum to continue this small, bullish consolidation. At $142.00, we will try to move above the EMA 50 moving average and get its support. […]
Ronin Network adopts Chainlink CCIP to strengthen cross-chain security

Ronin Network adopts Chainlink CCIP to strengthen cross-chain security

Key Takeaways Chainlink’s CCIP was selected by Ronin Validators to enhance bridge security. The integration process will support initial transfers between Ethereum and Ronin. Share this article Ronin Network announced today it has selected Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to strengthen the security of the Ronin Bridge, enhancing the network’s cross-chain infrastructure.The adoption followed a […]
Analytical Overview Of The Main Currency Pairs – Thursday, October 10

Analytical Overview Of The Main Currency Pairs – Thursday, October 10

The EUR/USD currency pair Technical indicators of the currency pair: Prev. Open: 1.0970 Prev. Close: 1.0939 % chg. over the last day: -0.28 % Positive comments from Fed Vice-Chairman Jefferson helped the dollar yesterday when he said the US economy is growing at a “robust pace.” The dollar’s strength on Wednesday put pressure on the euro. […]
CPI Positioning Breadcrumbs

CPI Positioning Breadcrumbs

S&P 500 had one more good day before CPI as premium predictions for clients, and my CPI expectations presented yesterday, remain intact – and are further developed in the full analysis. As initial S&P 500 selling attempt failed and Nasdaq kept above an important late Sep resistance turned support line, thaa price action coupled with […]