We've got 2 scenarios that we may see play out, we may hit this resistance fall below to the .018 resistance fall below it with a retest then continue down too .017
If we hit this resistance & test .018 followed by a Touch & Go we may he headed too .02 early Friday morning. Appears we may be creating a Cup & Handle which would be great for the weekend.
Disney, McDonald's and 'Big Techs' Reacted Differently to Great Vaccine News
On Monday, markets were woken from a nap by an unexpected welcome surprise. With one accord, and for a few hours, the trading community even seemed to have entirely forgotten all the threadbare media refrains concerning the U.S. election agenda. A set of major European indexes soared by...
The only manifested gainers from a lasting uncertainty surrounding the final U.S. election results seems to be, for now, some European, Asian and other non-American stocks. For example, the German Xetra DAX 30, as well as the French CAC 40 and pan-European Euro Stoxx 50 indexes are climbing higher for the fifth straight trading day in a row. China’s Shanghai...
U.S. Elections Made Crowds Turn a Blind Eye on Brilliant Corporate Reports
It seems that stock markets and currencies, as well as commodities, are no longer willing to respond appropriately to the regular macroeconomic background or even to the important Q3 corporate reports from giant companies. The investment community itself seems to not care about forming...
