US markets rallied in the last hour to move from negative to positive territory ahead of the FOMC statement on inflation and interest rates. Gold took a beating as Gold and inflation bulls shake their heads. The USD continued to hover around highs which I expect will be the same theme for the coming few sessions before the FOMC meeting. Traders remain mixed with...
US markets meltdown Friday and pressure Asian and European Indexes lower. I talk through the major US indexes and others in Europe and Asian, highlighting the key levels to watch and the overall trend and bias of the action. Focus on : - US - DOW, SP500 and Nasdaq Europe - DAX and FTSE Asia - ASX200, Hang Seng and Nikkei FX - USD, EURUSD, AUDUSD, GBPUSD and...
The world is focused on the US indexes which have recently broken down out of the uptrend. The question is now whether there is more downside to come which could turn into a major selloff after such a big Fed Fueled pandemic rally. I take a look at the price action and major levels of the Key Indexes. In the US - DOW, SP500 and Nasdaq Europe - DAX, FTSE and...
This is an update to my previous Nasdaq analysis videos. The 61.8% Fib retracement level acted as I expected but this does not necessarily mean that the underlying uptrend is resuming. Watch this video to see my forecast possibilities Happy trading Linton
Markets held up okay in the US session but the pressure is definitely on as major Indexes across the board start to break lower. I cover the key markets for the start of the new session ahead of the Asian market open. Major levels to watch and the current bias for markets....and how I would look to trade around these levels. Markets covered : - SP500, DOW,...
Morning Jumpstart Macro View and US market recap 1-02-22 The US had a late session burst higher that dragged the major Indexes into green territory ahead of key US employment data Friday. The USD continues to grind lower while Gold was range bound. Copper had a strong session while Oil continues to hold recent gains setting for another push higher. For a deeper...
Morning Jumpstart Macro View 26-01-22 US markets found some buying early only to give way to selling pressure into the close to close the Indexes in negative territory. FOMC is out late in the coming US session which weighed on the market especially tech (Nasdaq). For a deeper look at the price action, key levels and what I see playing out...watch the video and...
Morning Jumpstart 25-01-22 US Bounced bark hard from a weak open after trapping and squeezing some sellers. Bargain hunters were out in force expecting that the selloff is over and its time to buy the Dip. I feel that we may have seen the highs put in place and may expect a further unwind of bulls as inflation and interest rate rises kick in. More in the...
US markets saw a late session beating to push prices sharply lower into the close and continue the recent selloff. Watch the video for a more detailed breakdown on my Macro picture and key levels I am watching in major markets. Thanks for watching and please take some time to check out the website.
A rally in crude oil triggered more concern into inflation and interest rate rises which saw a stock market selloff. In the video I look through the key levels I am watching on major Indexes, US bonds and the USD. Thanks for watching and please take some time to check out the website in my profile.
Asian markets remain looking heavy as the HSI and Nikkei Daily timeframes press lower. The US has been more resilient to negative news and remains focused on inflation and interest rates. The question is how much of the good news ie/ strong economy and bounce from pandemic lows has been factored in to price action in the US. If the US start to take a hit, then...
The Nikkei and Hang Seng along with my local ASX200 are well under pressure today and may see further downside in coming sessions. In the video I take a look at the daily charts for my major Indexes and discuss where I see the risk and how I will look to trade any downside if this weakness continues.