The CBOE Volatility Index (VIX) had its' first breakout since the NASDAQ bottomed out during the correction at the end of 2018 while the NASDAQ appears poised to pull back above the bottom of the most recent correction for consolidation.
NASDAQ correction was serious, especially considering global sentiments with the tariffs and Brexit continuing. Look out for pullback near where it bottomed out during its' last major correction.
FXA (Australian Dollar Index) appears undervalued and due for a rise towards $75. A pair idea is AUDUSD buy.
Sell target on the Invesco CurrencyShares US Dollar Index is $25.00. A trade idea is buy AUDUSD.
FNMA (Fannie May) quote 2.36 at 3:28 PM 1/18/19 Massive volume and gains on Fannie May (FNMA) stock price today looking up towards $3-$6.
AUDUSD on 1/15/19 at 5:30 PM Buy target 0.73 in 1-10 weeks for 1.4% Price rally in the AUDUSD from September 2015 lows of around 0.70 to 0.80 in July 2017 is likely to increase demand.
Gold in US Dollars - recent history and near future Gold tapered then pulled back from 6 month highs while the NASDAQ rebounded from a correction - coincidence? AUD Vantages anticipates the pull-back to continue to $1,250 USD within Q1.
Crude Oil Brent Latest price 61.64, bullish 1-month time-frame. Target $70.00 for 13%. Although AUD Vantages isn't particularly confident in the pick Crude Oil Brent against the US Dollar at this early stage in up-trend there are supporting evidences the up-trend will mature. Evidence includes the US Dollar pulling back, Crude Oil Brent being under 1-year...