Looking for higher prices on ES, the 3880 level is where I think price will draw up into. I will only be looking for longs going into today NY session. If we don't get it today then that will still be my target for next week unless we break below the swing low that was formed on Wednesday 3700 level.
During the last few days, both Cryptocurrency prices and US equity prices has been shaky and have dropped from their ATH (All-time-high). Reason being that there was uncertainty in leading up to Federal Reserve Chair Jerome Powell speech.
Many investors were speculating that interest rate might increase together with treasury yields because inflation of 2% is...
SPX500 is in a symmetrical expanding triangle
wait for price to reach that buy zone and show any signs of rejection will be a good deal with good risk reward ratio!!
S&P500 is currently trading sideways, within range of $2420 to $2635. Its been doing so for the past 20 days. There isn't much strong bullish or bearish news in the market yet except that Covid19 cases are still crawling and that globally, there has been 70,000 more cases with 25,000 cases located in the US. Will start to post some news here too as well as...
As requested by many to take a look at equities market, i shall do some basic analysis from now on on the shares market in US and globally. Equities Market just surged for futures of S&P500 because the Federal Reserve Unveils Unlimited QE Amid All-In Effort to Confront 'Severe Coronavirus Disruptions'. I think this is the first time its ever done an unlimited QE...
The S&P 500 index is a benchmark of American stock market performance, dating back to the 1920s. The index has returned a historic annualized average return of around 10% since its inception through 2019 and thats a good representation of the market.
Compared to fixed deposits, yearly returns ranges from 0.5%-2%. While that average number of 10% may sound...
First Crisis started in 2000, Second one came in 2008, now the Third one in 2020. It gapped an average of 9 years between the cycles but market correction is a part of each cycle. Good entry region between $766-$1816 for S&P500.
