Gold Futures Update: Rally Could See $2130 to $2150
Gold Futures Trading Chart
I am still bullish on December Gold Futures.
Gold is trading above its up-trend line and just above the descending trend line...
Equal-Weighted S&P 500 Index Showing Internal Weakness
My macro process involves three key layers, in order of priority: price, breadth and sentiment.
While price has been in an unrelenting uptrend (until this...
Stock Market Bulls Hope These Dow Jones Indices Aren’t Topping!
Investors tend to follow the Dow Jones Industrial Average and Dow Jones Transportation Average to gauge the economy and the popular stock market signal,...
Stock Market Today: Investors Tripped Up By Selling
It was a rough day for investors on Thursday, and the selling may carry over into the long Labor Day weekend.
In today's video, we...
S&P 500 Index Decline Update: Watch This Price Support
As noted in our latest article, the S&P 500 touched up near our MFU-4 price target (extreme) zone.
This target zone was generated off the...
Market Breadth Strong But Stock Indices Extended
It's been a long and steady move higher for the stock market. Investors started September on a strong note following a record month of...
Stock Market Outlook (September 2): Overbought Clusters Emerge
The Market Forecast indicator is showing overbought clusters on all the major stock market indexes.
In fact, the S&P 500 Index’s cluster includes the long-term...
Stock Market Rotation into Financials… And Regional Banks?
As mentioned yesterday, The Big Banks ETF XLF and Regional Banks ETF KRE are two of the weaker sectors.
However, today we saw some money...
U.S. Equities Update: Strong Up-Trends Nearing Price Targets
The S&P 500 continues to grind higher in a well-defined upward sloping channel. The index has a target area based on the Make or...
U.S. Dollar Could Strengthen In This Bullish Elliott Wave Scenario
In the weeks since our July post about the Invesco DB US Dollar Index Bullish Fund NYSEARCA: UUP, price has pushed through initial Elliott wave supports...
