DOW Futures Test 38% Fibby
Crisis trading is no joke. As more confirmed cases of the coronavirus become public, the DOW will very likely continue to take a hit. Full Article
Daily Brief, Jan24: Economic Events Outlook – Manufacturing & Services PMI in Highlights
It's going to be a busy day ahead as the market can exhibit strong volatility in the wake of a series of high impact economic events... Full Article
Stocks Mixed, Safe-Havens Bounce
Uncertainty brings volatility. For traditional safe-havens such as gold or the yen, this concept typically awakens bidders. Full Article
U.S. Home Sales Spike, USD Index Falls
Today’s Existing Home Sales report came as a welcomed sight for equities bulls but did little for the USD Index. Full Article
DJIA Extends Retracement
In the event that the DJIA extends its brief losing streak, a buying opportunity may come to pass in the March E-mini DOW. Full Article
Daily Brief, Jan 22: Everything You Need to Know About Gold Today
Gold is trading sideways in a broad trading range of 1,566 - 1,549. On the 4 hour timeframe, it has formed a bearish engulfing candle... Full Article
Bitcoin Stalls At $9000
$9000 is the key level for January Bitcoin futures. It has withstood several concerted tests and remains valid topside resistance. Full Article
U.S. Stocks Muted As Trade Resumes
Given this week’s vacant economic calendar, there may be nothing that can put a stop to the daily uptrend in U.S. stocks. Full Article
USD/JPY Trending Higher
Unless the Bank of Japan (BoJ) steps in and tightens policy, the uptrend in the USD/JPY will very likely continue. Full Article
NYSE Closed, Early Halt On The CME
Until we see the institutional players return to their offices tomorrow, taking a wait-and-see approach to the markets is a good idea. Full Article
The Power Of Incremental Goals
Thousands of traders enter the markets every month looking to “make money.” Most fail. Here's how to succeed by setting incremental goals. Full Article
Bullish Gold Going Into The Weekend?
At press time (about 1:00 PM EST), gold is fighting to get back into bullish territory above a key daily 38% macro-wave retracement. Full Article
Daily Brief, Jan 17: Economic Events Outlook: Trading CPI, Retail Sales & Consumer Confidence
On Friday, the dollar grew as U.S. data advised the world's biggest market kept a steady growth movement at the end of 2019, touching an... Full Article
Risk Is On, Safe-Havens Weaken
In the spirit of risk-on, the USD/CHF is taking a break from its week-long downtrend. Rates have reversed from .9600 and are heading north. Full Article
Retail Sales Spark USD Index Rally
A bullish bias is warranted toward the March USD Index. Rates are above the daily 38% retracement (96.815), preserving the daily uptrend. Full Article
