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So the Trump Bump continues to play out in favor of bulls. Tuesday delivered a clear breakout of the downward channel with only the 50-day MA left to play as resistance. From a technical perspective,...
Friday was a bit of a mixed bag. It was good to see the S&P 500 breakout, but it also coincided with a Russell 2000 (IWM) that closed on a 'black' candlestick at downward channel resistance. In...
After the day before yesterday's big gains, it was always going to be hard for markets to continue in the same vein. All markets are near 20-day MAs, with the Russell 2000 (IWM) just above this key...
Analyzing key technical patterns in the S&P 500, highlighting potential head and shoulders formation and current market dynamics. Get expert insights on the Magnificent Seven stocks'...
There were early signs of recovery for some markets, but now all lead markets are showing net bearish technicals. If you are a trading bull looking for silver linings, the Russell 2000 (IWM)...
Analyzing rising VIX, potential market volatility, and key economic indicators. Stock index futures down, led by Nasdaq. Commodities mixed with crude oil up 2%, gold down. Bitcoin slides $3,000...
The Nasdaq undercut its 50-day MA as technicals edged net bearish. However, stochastics [39,1] only just dropped below the 50 mid-level (on the daily timeframe), so this could be a bullish pullback...
Analyzing market dynamics and trading opportunities amid US market closure. Key highlights: • Bond market selloff continues, pushing yields higher • Russell 2000 affected due to companies'...
The day before yesterday's weak finish set a precedent as to what to expect yesterday. Premarket action had offered some cause for optimism, but strong economic data sent markets packing and it will...
Market timing update: Chip stocks surge as Nvidia (NASDAQ:NVDA) hits $150 target while Bitcoin rebounds with renewed strength. Stephen Whiteside analyzes key market movements across tech sector...
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