With US CPI pointing to inflation easing, bulls are pushing major Indexes higher with the love affair with Tech and the Nasdaq being the standout.
In the video I look at the major Indexes across the US, Europe and Asia on the daily timeframes and discuss the key levels and price action I see playing out.
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Looking at the JSE 40 all-share Index on the daily chart we can take note that the index has been trading downwards since peaking sometime during Feb 23, now looking to the left again we can take note that after the release of the 1st quarter Dividend & Earnings release the JSE drop on both accounts.
Now looking to the right, we can take note that the JSE has...
Major Indexes continue to move higher with the US supported by tech stocks into the notoriously bullish end of month/quarter 'window dressing'. We have some key economic data out ahead of the US open which will give a further indication on inflation and what we could look forward to from the coming FOMC. Share markets have been strong although the Bond markets...
SPXUSD daily guidance is cautiously bearish. Recommended ratio: 35% SPX, 65% Cash.
* BOUNCE WATCH . It's volatile week with investors preparing for another FFR hike (12/14) that is widely expected to be 50bps (with a chance at 75bps) as China continues to formally lax their Covid-Zero restrictions in major cities like Beijing where people with a negative PCR...
Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the US30, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
The market...
Welcome to the BasicTrading channel.
My name is Philip and in todays analysis I quickly go over the situation which we currently have on the S&P500.
I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities.
If you enjoyed this analysis, let me know in the comment section which asset I should analyse...
DXYUSD daily guidance is neutral with a bearish bias. Recommended ratio: 42% DXY, 58% CASH.
* MINOR SUPPORT WATCH . US Midterm elections are underway and the polls are getting ready to close soon, Republicans are expected to control both the House and Senate when the results come in. DXY, US Long-Term Treasuries, CNYUSD, Metals, Agriculture and Cryptos are all...
SPXUSD daily guidance is cautiously bearish. Recommended ratio: 30% SPX, 70% Cash.
* The Fed stayed on their path of moving to restrictive monetary policy and raised the funds rate by 75bps to 3.75%-4% . DXY, US Treasuries and Agriculture are up while Cryptos, Equities, Equity Futures, Metals, Energy, CNYUSD, JPYUSD, GBPUSD and EURUSD are all down. Fed Chair...
DXYUSD daily guidance is neutral with a bullish bias. Recommended ratio: 52% DXY, 48% Cash.
* FOMC WATCH . DXY, VIX and Agriculture are down while Cryptos, Equity Futures, US Treasuries, CNYUSD, JPYUSD, GBPUSD, EURUSD, Metals, Oil and Energy are up. White House Economic Advisor Bernstein said today that "President Biden has endorsed the Fed's policy pivot",...
DXYUSD daily guidance is cautiously bearish. Recommended ratio: 25% DXY, 75% Cash.
* 50MA RESISTANCE TEST. Both PCE price index and Core (without food and energy) for September saw the same increase from the August report , with PCE increasing 0.3% from August and Core increasing 0.5%. Though some may see this as plateauing, it's a bit premature and doesn't...
DXYUSD daily guidance is cautiously bearish. Recommended ratio: 15% DXY, 85% Cash.
* BOUNCE WATCH . DXY, US Treasuries and VIX are down while EURUSD, GBPUSD, JPYUSD, CNYUSD, Cryptos, Equities, Equity Futures and Commodities are up. US October Consumer Confidence dropped to 102.5 from 107.8 in September as consumers are beginning to expect economic decline...
DXYUSD daily guidance is cautiously bearish. Recommended ratio: 30% DXY, 70% Cash.
*DXY, 10 Year US Treasury Bonds and VIX are taking a hit as JPYUSD, GBPUSD, EURUSD, 30 Year US Treasury Bonds, Cryptos, Equities, Equity Futures and Commodities are all up. This is after speculation that Japan's government had intervened in currency markets by selling USD for...
DXYUSD daily guidance is cautiously bearish. Recommended ratio: 30% DXY, 70% Cash.
* China delayed publishing key economic data including retail sales, industrial production, home prices and Q3 GDP amidst Incumbent President Xi Jin Ping's expected reelection for a third term . Chinese officials say it's because of the ongoing National Congress of the Chinese...
SPXUSD daily guidance is neutral with a bearish bias. Recommended ratio: 45% SPX, 55% Cash.
* On Saturday, the Chinese Foreign Ministry urged Chinese citizens still living and working in Ukraine to evacuate as soon as possible . In what Russia claims to a be a response to "acts of terrorism" on Russian people after the Crimean bridge bombing, Russia has now...
For the first time since the COVID sell off the SP:SPX closed the WEEK below the 200 SMA at 3583 points, for the previous three weeks the index was trying to test the support of the 200 SMA but after the heavy selling pressure in the other indexes TVC:DJI NASDAQ:IXIC and NASDAQ:NDX .
SP:SPX has broken the support to the downside and most of the stocks...
DXY Daily guidance is neutral with a bullish bias. Recommended ratio: 58% DXY, 42% Cash.
*DXY, VIX, Nat Gas, EURUSD and Agriculture are up while US Treasuries, Equities, Futures, Cryptos, Metals, Oil, GBPUSD, CNYUSD and JPYUSD are down. Cleveland Fed President Mester mentioned today in New York that there has been little to no progress on ringing in...
SPXUSD Daily guidance is cautiously bearish. Recommended ratio: 30% SPX, 70% Cash.
*Equities, Futures, Cryptos, Metals, Energy, GBPUSD, and EURUSD are all down while DXY, US Treasuries and VIX are up once again. Fears of nuclear war being exacerbated by resolute threats from Putin and desperate social media pleas by people like Elon Musk are pushing investors...
