#NAS #SPX #US30 #DailyReview #DailyOutlook In the over night sessions, price was the smoothest on the indices, as the price failed to take out the PDHs on SPX and US30. NAS tapped the PDH and traded above it only to move back into the previous day’s range. The #fomc meeting notes and Treasury Secretary Janet Yellen in the afternoon seems to have held up up for...
Expecting a bounce to 14.55 but Janet Yellen and Jay Powell could change things come Monday.
The questions in recent times... - Is the federal reserve going to slow down on future rate increases? - Could we see a cut in rates in 2023? - With terminal rates still undecided, could it be revised higher? Perhaps the height of the Central Banker of the US Federal Reserve could be a leading indicator of interest rate decisions! (I'm not being serious, but it...
E-Mini S&P ( CME_MINI:ES1! ), Euro FX ( CME:6E1! ), 10-Year Note ( CBOT:ZN1! ) True or False? • US Government has never defaulted on its debt obligations. • US Treasury bonds have always maintained AAA credit ratings. A history lesson: In June 1812, 30 years after the Revolutionary War, the U.S. declared war against Britain and Spain. In August 1814, British...
I think we did Minor 2 of pending Intermediate wave (5) and towards minor 3 at 107.9. This is the extension of Primary C from 2012 bottom. I see the cycle top at 113 in time frame of FY '17 to Q2 '18. Refer to my previous DXY chart as linked. I will keep updating on lower TF. Happy Trading Note: Trade your own plan. This chart is for reference purpose not the...
Is regulation bullish or bearish for cryptocurrency? Some think regulation will increase mainstream adoption and lead to more institutional involvement which will drive up the price. But does regulation erode the fundamental principles and intrinsic value of cryptocurrency as a decentralized medium of exchange?
The meeting of the members of the Federal Reserve was held today at 17:30 Iranian time. In this post, we will analyze his speech and the direction of the market. Remarks by Mr. Powell US Federal Reserve Chairman Jerome H. Powell said in a statement today: 1- Inflation is expected to decrease 2- Trying to control inflation and employment 3- Reduction of...
BTC is making some major inroads to test the descending purple line near $46k in the coming days. Remember today is Sunday and that a lot of WSB traders who aren't active on weekends are going to wake up tomorrow and switch to buying bitcoin and crypto again... the two communities are highly aligned ideologically imo. Also, the volume lately has been extremely...
S&P500 - Heading for a 10 - 20 % correction The break of the trend line is a significant sign and one of the first signs of market crashes.
Yellen's departure yesterday scared investors in metals terribly. particularly silver is easily frightened and diverted from its path. Unfortunately, the beginning of a beautiful bullish trend was transformed by Yellen into a moderate decline, but followed by indecision. The question mark launched on raising rates and implicitly the USD, will weigh seems quite...
Sometimes I just get lucky. I was waiting for a buying opportunity in gold and Yellen gave it to me this morning when she stated "rates may have to rise to keep the economy from overheating". Gold then plunged over $25 dollars after breaching the shorter term high.
The Japanese yen is almost unchanged in the Monday session. Currently, USD/JPY is trading at 108.74, down 0.09% on the day. The Japanese yen remains vulnerable and the symbolic 109 level is under strong pressure. The dollar has had its way with the yen in 2021, as USD/JPY has jumped 5.5% this year. Last week, the pair climbed to 109.36, its highest level since...
Ladies and Gentlemen, The Dinosaurs are back: The Super Dragausaurus has appeared in Italy , just a few weeks after the most ethical dinosaur , the famous Yellenosaurus , made it's appearance back i the financial markets. A third one, the bald Amazonosaurus Interneticus of the Americas has decided to go for a healthy walk from Ceo to Executive Chair...
They said you can't chart VIX.. Charting VIX isn't useful.. Well I charted VIX.. Along with SPY and M1, and well decide for yourself, but I think we can tell where the volatility is coming from. Maybe the long vol trade will become popular!
Not legal and financial advice; any information provided here is only the personal opinion of the author.
This is a weekly chart, we are approaching the lowest low. If this stock tanks, I will try to observe whether my hypothesis are in order. Namely if this stock tanks , other bank stocks might follow suit. I am neutral until I see the interaction with the low.
Normally movement in the price of oil leads a move in the price of the 10 year note. The blue line is USOIL and it showed me a change in behavior that I couldn't trade. So I looked for shorts in the notes after It made a high . I am now expecting lower highs given how investors are long SPX after the dip
2018 is off to an interesting start. Trump has been in office for more than a year, 2/5 saw the most bearish performance in the history of the S&P in one day, and Janet Yellen's term as Chair-person of the Federal Reserve has come to an end. The philosophical economic theory portrays recession wave cycles to happen every 7-8 years, but there has not been a notable...