European equities have ushered in 2023 with a strong rebound, up 7.72%1. Exchange-traded fund (ETF) flows into the European region have risen by US$13bn, in sharp contrast to the US that has seen US$9bn of outflows year-to-date (YTD)as of 27 February 2023.
The confluence of China re-opening its economy and prudent management of resources during the energy crisis,...
GBPJPY
Intraday - We look to Sell at 168.00 (stop at 169.40)
We are trading at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the downtrend returns. We therefore, prefer to fade into the rally with a...
With the US infrastructure bill passed and GDP expansion via fiscal support, the broad market is still long.
VIX curve show no signs of backwardation, but the cautionary note is the Debt Ceiling and Budget issues coming up - these may provide buying or covered call writing opportunities.
Side note: no hyper inflation and relates going lower as Fed rate rises are...
My strategy for the SP500 index is as follows:
- Exit Long positions on rallies and hold a core long position for the long term ( "time in the market")
- Wait for a deep pullback to start adding back Longs (SP500 is growth function)
- Happy to scalp short term, but I like a to 'load the wagon" long if we had a decent 600-1000 point correction!
- Trade in...
Whilst one of my trading systems (as displayed) doesn't yet display Exit-Long signals, I have been pre-empting some expected volatility which I perceive can arise due to what can be an lengthy infrastructure Bill process along with the Debt Ceiling fiasco. I detailed this in an earlier post.
Up to this point I have been happy to ignore exit signals based on...
Uranium is in the early stages of building a bullish regime of volatility over a Tail duration. It currently already has that over a trend duration.
You need to be taking full advantage of dips in this environment. Buy the damn dip.
With the agreement of the fiscal deal for the Eurozone, things are starting to look more positive for the monetary union. The much unloved EUR could finally have some good days in the months ahead.
EUR has pierced through the bottom of the monthly Ichimoku cloud. Should it succeed to close above the cloud in the months ahead, things should start getting...
Following on from last week’s chart, (see link below), the precious metal ranged for most of the week between 1900 and 1960, breaking 1960 on Thursday moving along my right hand fork of my trend line, resting at 1965. With the Federal Reserve pushing for average inflation, bolstered by improved consumer spending I can see gold still breaking new highs as the USD...
