U.S. Equities Trading Update: Bulls Defend Support
We're seeing some minor backing and filling today following Tuesdays's big rally. The S&P 500 Index (INDEXSP:.INX) is giving back around 1/3 of yesterday's...
3 COT Charts For Commodities Traders (August 18)
The following are charts and data showing non-commercial futures trading positions as of August 15, 2017.
This data was released with the August 18Â Commitment of...
Why The US Dollar Correction Might Be Over
The current setup in the US Dollar index (CURRENCY:USD) is rare in that a clear and logical fundamental and technical case can be made...
Stocks Head Lower: 3 Charts I’m Watching
We are seeing a continuation of yesterday's reversal in equities. And after the first signs of a meaningful pullback from highs yesterday, a flight...
Cryptocurrency Craze: 3 Reasons Bitcoin Is Rallying
This post was written a couple weeks ago for my premium service. I think it has some interesting trading insights so I'm sharing here...
3 COT Charts For Commodity Traders (Oil, Gold, US Dollar – Aug 4)
The following is a recap of the August 4 Commitment of Traders Report (COT) released by the CFTC (Commodity Futures Trading Commission) looking at...
The Euro Currency Correction Is Nearly Complete
The Euro (CURRENCY:EUR) has moved a bit higher than we anticipated in our June 16 post, but bears have a strong chance of countering...
Emerging Markets and U.S. Dollar At Important Crossroads!
The Emerging Markets (NYSEARCA:EEM) have long benefited from a weaker US Dollar (CURRENCY:USD). This makes sense as a majority of the world's debt is issued...
Financial Markets Trading Update: 5 Charts To Watch
Traders returned on Wednesday to see fractional gains in across the various global equites markets.
Domestically, trends remain very much neutral for the S&P 500...
The British Pound Is Nearing Elliott Wave Trading Resistance
In our April post about the British Pound, we suggested that it should climb a bit higher to test an important resistance zone before...
