Day Trading Futures: Benefits and Risks Involved
Futures are among the most useful financial instruments in the market. In short, futures allow you to buy and sell financial assets based on their futures. A good example of…
Read More »Wolfe Wave Pattern Trading Guide
Predicting market movements with chart patterns is one of the most effective tools for making trade decisions. Chart patterns are pure price-action and the basis of underlying buying and selling…
Read More »Australian Dollar May Wilt with Dow Jones, S&P 500 Looking Wobbly
The Australian Dollar may fall as rising US coronavirus cases may result in lockdowns being reinstated. The S&P 500 and Dow Jones also look wobbly with earnings season in full…
Read More »S&P 500 Retraces at Key Resistance, Hang Seng Faces a Pullback
The S&P 500 index dropped nearly 1% overnight as tech stocks plunged. Asia-Pacific equities are set to follow lower. Singapore’s 2Q GDP fell -12.6% year-on-year.
Read More »S&P 500 Up as Virus Growth Slows, Asia-Pacific Stocks to Open Higher
The S&P 500 index climbed 1.59% last night as the Covid-19 growth rate fell below its 7-day average in the ‘sun belt’ states of the US. Asia-Pacific stocks aim to…
Read More »S&P 500 Climbs on Strong ISM PMI, China A50 Soars after PBoC Rate Cuts
The S&P 500 index climbed for a third straight day but may struggle to gain momentum ahead of non-farm payrolls data and a market holiday. China A50 index soared after…
Read More »S&P500 support and resistance – old support Essential Chart
S&P500 Support and zone Resistance – Old support Technical trading S&P500 ETF $SPY trading chart. We are going to look at the S&P500 areas of support and resistance. S&P500 support…
Read More »Stock market at highs showing weakness, day trading tops.
Day Trading Topping patterns and divergence. The SPY is hitting it’s top, the price action had quite a bit of momentum. Compare this to transports and the Russel Index. There…
Read More »Crisis 2020 Stock Market Crash Coming? Monday May 4th it Will
In the stock market we had a very spectacular month of April: the best month for the Dow since 2002, which is the main stock exchange in the US; the…
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