EMA 24 (Monthly) Acting as a dynamic recent price support
EMA 50 (Monthly) Acting as a dynamic support
Confluences: May 21 low and -0.27 fibbonacci
Rejecting 0.618 fibb line
Structure flag - A breakdown below the lower boundary of the channel could trigger this idea.
A short comparison of the SP500 Index with the SP500 ETF traded in EUR.
Due to the weakness of the EUR, the ability to profit from lower SP500 prices is substantially reduced.
Inflation and weakness of the EUR is killing the cash deposits in the Euro Zone.
You can thank the ECB.
The divergence played out well, but no long signals so far. Maybe just a temporary relief and then down again.
Let's wait an see if RSI breaks through the 50 resistance level.
As the majority of the investment community is aware, low cost index funds such as the iShares CSPX are a great way of investing your money in such a way that it will beat inflation and any other factors that will reduce the overall value of your money. Warren Buffett (CEO of Berkshire Hathaway) is notorious for recommending low cost index funds to those who are...
The correction that began in May and finished in October of last year is tricky and I have no idea if my count is even close to being correct but whichever way I look at this I end up bullish. To me, it's just a question of how deep the present correction will take before this index resumes it's path to the upside. (The only negative scenario I can find is the...
Compare investing in a S&P 500 ETF, for an investor based in GBP currency. With dividends reinvested.
vs S&P500 ETF tracked in USD
vs FTSE100 ETF tracked in GBP
For comparison, how much returns are due to underlying vs currency effects.
