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Price saw a decisive breakout on September 1st, breaking the major resistance level at 575. We even saw a re-test back down at this level last week. Now, it looks like the price is resuming off to the upside again.

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S&P500 is having a pretty bad day! We were down almost 2.5% at one point. Now, we're having a bit of a pullback taking us back above 4365, a key support level. Is this just a re-test or is more downside installed for us?

10:38

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S&P500 along with the rest of the US indices have recovered from the sell-off last week. Some indices have fair better than others. Can the recovery continue? or this is just a dead cat bounce?

09:43

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Here's our weekly analysis on US indexes. This week is already quite an action packed week with the markets selling off sharply on Monday. We also got FED meeting coming up later this week which can really spice things up!

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As we enter into a new week, the S&P500 index is close to a crossroads. The main level to keep an eye on is 4365.00. A consolidation move below 4365.00 will be viewed as very bearish. On the other hand, if the price holds this support level, we could see buyers jumping back in.

11:42

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Here's our weekly update on Bitcoin, Ethereum and other top currencies.

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Bitcoin went from 53k to 43k quite quickly! So far we're holding the major support level above 43k. Look for a potential resume off as long as we hold the 43k level.

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Ethereum tested the major support level twice. So far we're holding! The major support area ranges between 3100-2900. As long as we hold this level, we're still looking bullish. On the other hand, a bearish breakout below 2900 will be viewed a very bearish.

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What a week for crypto! After Charles Hoskinson announced that smart contracts are gonna be rolled out soon, PRICE JUMPED! In just two days we went up by as much as 28% and closed the two days gain at an impressive 23%. Although it looks like a breakout could happen we must see a re-test resume off! The key level to keep an eye on is defiantly the red line. If we...

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Intro It's been an impressive past two weeks for Ethereum. We tested and held the key support level at 1700 three times. After holding the support the third time on July 20, we're now up more than 85%! In which we saw a breakout at 3000. We went all the way to 3200 before a pullback. Although a rejection is possible, it looks like a re-test resume off is...

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Intro: What a week for Bitcoin! We opened the week just slightly under 40k. Now we're trading at 43.8K and as high as 45.5k earlier today! Despite these decent gains this week, we're still trading below the 200 MA. Although there's a good chance we might close above it tonight, it looks like we're gonna get rejected at the time of this post. This should be an...

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EURUSD has been trading sideways since July of 2020. Since then, the price seems to be forming a triangle pattern. In which, we're once again testing the support level of the pattern. There are two main scenarios here. We either see a bullish reversal to test the top end of the pattern or a bearish breakout to the downside.

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Brookfield Business firm typically invests in business services, construction, energy, and industrials sector. It prefers to take a majority stake in companies. The firm seeks returns of at least 15% on its investments. Partners L.P. is a private equity firm that specializes in acquisition. This stock has been trading nicely in the channel trend since August of...

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Amazon saw a sharp sell-off last week after its earnings report. Despite AWS and its ads business seeing incredible growth, the growth in their e-commerce core business seems to be slowing down. For this reason, the stock fell more than 8% on Friday. This is very surprising to me as I expected the market to have priced in this scenario. After all, as the economy...

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Looks like we might be breaking the trendline. What do you guys think? 1. Bearish Breakout? 2. Going sideways? 3. False Breakout?

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What a strong week for the crypto market! What a contrast to last week, as bitcoin, was on the verge of breaking the major support level at 29k. However, this week, the price shot up above 40k for the first time since June. The speed at which we reached 40k is really important as it indicates momentum has returned. However, can this bullish momentum last? Here...

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Price has managed to hold the two support levels before multiple times. Therefore, there isn't anything to be alarmed about yet. The two main support levels to keep out for are the blue and the green line respectively. As long as we hold these two support levels, no one should be afraid of a big correction. HOWEVER, if we do break the green line, beware of more downside.

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Simple trade idea here. If we hold the key support go long! If we break the key support short!