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What a breakout on Monday morning, S&P500 jumped nearly 4.5%, pumped by the news of Biden's win and the vaccine. It was clear that the market overreacted, price quickly retraced all of Monday's gain. Nevertheless, the index is still holding above the trendline, above 3500. We even saw a strong test twice at support, in which the price held very well. Now the...

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With gold selling off yesterday, this miner giant has been under strong bearish pressure. Look to buy into support above 26.

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S&P500 jumped at the opening of the futures market. Price managed to break the 3530.00 resistance level. With price action being extremely bullish avoid shorts when momentum is on the upside. On the other hand, we're overdue for a pullback. We could see the price re-test the 3530.00 level again. This could be a good buy opportunity.

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CAC40 joined it's a rally today with the rest of the equity markets. The index has managed to climb 10% in just 1 week from its low at the end of October. Nevertheless, the fundamentals look weak for Europe with the 2nd wave still in full swing. Look to short at 4950.00 or below if the resistance level holds.

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No one knows who is going to win the election.... With all this uncertainty with the election, stimulus and the pandemic, why is the Nasdaq up 4%? I have no clue. But as a trader your best tool and friend are charts. Forgot about all the noise for a second and just focus on what is price telling us. Beyond that, all i can say now is follow the major levels. Right...

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Paypal looking bullish into the election. Price is still trading above some major support levels at 171.00 & 164.00 respectively. Look to buy into major support levels as risk/reward becomes very attractive. If the price manages to consolidate below 162.00 cut losses quickly. Any consolidation below 162.00 will be considered very bearish.

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This coming week be will crucial in terms of even risk. Nevertheless, the price hasn't been moving much since last Thursday. Eventually, this consolidation will break The most likely catalyst is the upcoming US election on Tuesday, November 2nd. Could this even risk push price back lower to test the major support level above 3200? Defiantly a likely scenario that...

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If S&P manages to close above the 50 days moving above 3370, that will be considered a very bullish signal.

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In the past two Oil collapse, price bottomed out at around 76% from the top. Two days ago, price reached 76% decline as crude oil may contracts went negative. For those who argue that this collapse is different, we know for sure that eventually people will start to drive again and demand will return. Therefore, weather or not this is the bottom will solely depend...

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Trade Idea: Price is testing key support right now. Not much to say here but to follow the market response if price fails to break this level. Now that volatility has declined to a relatively low level, look for a potential swing to the upside.

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Trade Background: The EURUSD pair has been trading in this trend since mid of 2018. Despite price breaking the trend at the beginning of March as volatility grips all markets, the trend remains intact. This is evident with the price reacting very quickly to resistance level of the trend indicated in the highlighted area as market calm. Now that price is...

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Level of volatility was at the highest level since 2008 on Monday. This coincide with the fastest 20% decline in the market history. Where the market has never seen this level of volatility and speed of decline since the Great Financial Crisis. Despite this extreme move, some might speculate that the market will bottom soon evident with the peak caused by the...

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Price rebounded quickly after touching the 200 day moving average on Feb 28. For this reason, the market will mostly likely see the 200 day moving average as a major support level. For that reason, a break below this level will be difficult. On the other hand, if price does manage to break below 200, it will be inferred by traders as very strong bearish signal.

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Trade Background: Price is once again back at final resistance level of the channel trend after testing this level just two weeks ago. Despite the US dollar dropping relatively hard the last few days, the pair pushed back up to final resistance. This suggest that the fall in oil price is the main reason behind push back to final resistance level.

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Trade Background: Price plummeted sharply after Q4 earning due to poor guidance to profitability. Now price has once gain for the third time return to test final support level of the trend. If price fails to break lower, look for a swing to the upside. Trade Idea: Entry: 44.50 to 46.00 Stop loss: 43.00

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Trade Background: Price has been in a downward trend since the start of this year. This is due to the market pricing in less demand in flying due to the corona virus. For this reason price has fallen to key support just above 200 MA. Look for a swing to the topside of the trend as market sentiment recovers. Cut loss if price consolidates below 200 MA. Trade...

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Trade Background: Oil has consolidated at new support level at $49.30. Where price traded at support level for over a week. Now price has rebounded not too far from the next resistance level. Look for a potential swing to top side of the trend. This scenario has three key fundamentals to keep in mind being trade war, corona virus, market risk appetite and supply...

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Trade Background: Short position seems to the way to go since the going risk of a downside;