Bitcoin Bulls Might Be Getting Nervous (Elliott Wave Analysis)
With the U.S. Dollar Index poised to embark on the next leg of its climb, as we highlighted in our currency post earlier this month,...
Stock Market Indicators Flash Risk-On As New Records Set
A strong push higher by Chinese stocks helped propel select U.S. stock market indexes into record-breaking territory on Tuesday. And the futures markets are...
Elliott Waves: Gold Rallying As US Dollar Hits Resistance
The US Dollar Index appears to be turning lower due to speculation that the Federal Reserve may not withdraw stimulus as fast as first...
Cybersecurity Stocks Trigger Breakout Trading Buy Signal
The Cybersecurity trade looks to be re-igniting, as the sector ETFs are breaking out above short-term downtrends and select stocks are thrusting higher.
Stocks like...
Which Stock Tickers to Watch if Russell 2000 (IWM) Clears Key Resistance
Monday the market continued its rally from Friday of last week with the S&P 500 (SPY) and Nasdaq 100 (QQQ) clearing all-time highs.
Again, the...
Russell 2000 Index Reversal Triggers Short-Term Buy Signal
The Russell 2000 decline on Thursday undercut both the 200-day moving average and the MOB band price target (as shown on the chart above).
But on...
How Strong is Russell 2000’s (IWM) Current Rally?
Today we focus on a chart of the Russell 2000 (IWM). It is one of the most valuable stock market indices as it tracks...
Australian Dollar (Aussie) and Kiwi Elliott Wave Analysis
The aussie dollar (AUD) and Kiwi dollar (NZD) decline on lockdowns and lower stock prices.Â
Could this be an A-B-C drop on a daily charts;...
What Do TSLA, DIS and CAT Have in Common?
I regularly screen for stocks making new highs and new lows, usually on a three-month time frame. The logic here being that if a...
$XLE Energy Sector ETF Looking Up At Overhead Supply (Sellers)
Crude oil futures peaked on July 6 and has weighed heavy on investors minds, specifically those directly trading futures or involved in energy stocks.
Crude...
