Gold Forecast: Continues to Power Higher
Right now you have a lot of people chasing the market and if you were trading with a reasonable position you could probably be forgiven for doing the same. The…
S&P 500 Forecast: Continues to Find Buyers on Dips
We are currently living around a 200-day EMA, which of course attracts attention. The SandP 500 had a wild day of trading on Thursday as CPI came in as expected.…
NASDAQ 100 Forecast: Continues to Widen the Broadening Wedge
The market is pumped with so much liquidity that it has a few generations of traders who have never had to deal with the environment we are in. , The…
EURUSD: THE EURO RECLAIMED 0.9800 AS FEDERAL RESERVE’S OFFICIALS WOULD TUNE SUBSEQUENT RATE HIKES
The Federal Reserve is laying the groundwork to reduce the scope of US dollar futures. The drop in US bond interest rates weakened the dollar and increased the euro. EURUSD…
Key economic releases and events next week
What key economic releases and events are on the schedule for the week starting on August 15. Monday, August 15 Empire State manufacturing index, 8;30 AM ET, Est 5.1 vs…
WTI Crude Oil Forecast: Market Turns Around Mid-Day
The West Texas Intermediate Crude Oil market pulled back initially on Wednesday to test the lows yet again. That being said, we have turned around to show signs of life, perhaps due…