GDX lower low sequence supports more downside [Video]

Share: The short-term Elliott wave view in GDX suggests that the cycle from the 5 May 2023 peak is showing a 5 swings lower low sequence in higher time frame charts. Supporting more downside in the instrument. The decline from that peak is unfolding as an Elliott wave zigzag correction where wave (A)

European equities kick start the day on a more positive footing

Eurostoxx +1.1% Germany DAX +0.9% France CAC 40 +1.3% UK FTSE +0.8% Spain IBEX +0.8% A good start for European stocks but this comes after the strong dip buying in Wall Street yesterday. The overall mood is also keeping steadier today with S&P 500 futures seen up 0.15% at the moment. In FX, the dollar

SPX uptrend questioned

S&P 500 couldn‘t keep the fine rebound as all eyes were on „good that the job market is still OK, but maybe the Fed would stop hiking now“ interpretat . لینک منبع : هوشمند نیوز

US dollar recovers some losses as equities give back gains

The US dollar has recovered some of the selling after non-farm payrolls as equities give back gains. Notably, Treasury yields remain near the lows of the day, led by a 13 bps fall in 7-year notes. The dollar has been dragged around by fixed income this week but its stocks behind this move. The S&P

US equities run but risk trades doesn’t flow to FX

The Nasdaq is up 1.4% as Treasury yields retreat and the market sorts through the post-BOJ wreckage. The strength in stocks demonstrates that there is a mountain of cash on the sidelines looking for a dip to buy. That kind of stock market performance would usually come with at least some strength from commodity currencies

US equities lose some altitude but USD/JPY doesn’t

The S&P 500 has pared its intraday gain to 28 points, or about half of what it was a few hours ago. There’s no correlation with USD/JPY today as BOJ-inspired flows dominate instead. That pair is at the highs of US trading, up 147 pips to 104.91. For US stocks, a fall into the opening

Kimberly-Clark raises sales and profit guidance, can it breakout?

Share:  Learn the Insider Secrets of what the Top Hedge Funds are doing TODAY to maximize their upside and gains. In May 2023, Kimberly-Clark Corporation (NYSE:KMB) stock climbed to a 52-week high of $147.87. However, the stock has failed to hold those gains and heading into the company’s earnings report, KMB stock turned

Top Three Themes for Equities into 2023

Indices Talking Points: There’s one trading day left in 2022 after today’s session, and it’s time to start looking into 2023 market themes. The S&P 500 set its current all-time-high on the second trading day of 2022 and it was a bearish outing since, with a net move of about -20% in S&P 500 futures.

پیش بینی فنی Equities Q3 2022: Rebound سپس Lower Again

در یک نقطه سه ماهه گذشته، بازار سهام ایالات متحده حدود 25 درصد کاهش یافت و تمام زیان ها در نیمه اول سال رخ داد. سهام با احساس غواصی بیش از حد فروخته شد، و به نظر می رسد که ما در آستانه بهبودی هستیم. با این حال، تمام چیزی که انتظار می رود فقط