Directional Bias For The Day: The futures are drifting higher since 10:30 PM on Tuesday Odds are for an up day Markets Around The World Markets in the East were mixed – Shanghai and Sydney were down; Tokyo, Hong Kong, Mumbai and Seoul were up European markets are up Dollar index and EUR/USD are up; USD/JPY and GBP/USD are down Commodities are mostly up – only…
Directional Bias For The Day: The futures are lower and finding resistance at 2207 level Moving up after making a low of 2199.50 at 3:30 AM Odds are for a down to sideway day within a narrow range Markets Around The World Markets in the East were mixed – Shanghai, Hong Kong, Mumbai and Seoul were up; Sydney and Tokyo were down…
Directional Bias For The Day: The futures are lower after testing the last night’s high of 2203.00 at 4:00 AM Breaking below an ascending triangle Odds are for a down to sideway day within a narrow range Markets Around The World Markets in the East were mixed – Shanghai and Hong Kong were down; Sydney, Mumbai and Seoul were up;…
Directional Bias For The Day: The futures are higher but below the 10:00 PM high of 2203 At 20-bar EMA on 30-minute chart from above Reached the target of broken symmetrical triangle Odds are for a positive day but staying within a range Markets Around The World Markets in the East were higher European markets are most up – only Switzerland…
Since the beginning of May 2016, the U.S. Dollar Index has been on an uptrend and making bullish chart pa. It got a fresh boost in November with renewed conviction in an imminent Fed Fund rate increase. Also, fueling the rise is a greater possibility of fiscal stimulus, which would expand the U.S. economy. However, former…
Directional Bias For The Day: The futures are up after making a low of 2179.25 at 4:40 AM Breaking above a resistance level and a horizontal trading range between 2185 and 2176 Odds are for an upside day Markets Around The World Markets in the East were mixed – Sydney, Seoul and Mumbai were down; Shanghai, Hong Kong, and Tokyo were up European markets…
Directional Bias For The Day: The futures are down but drifting up since 4:00 AM Making a horizontal trading range between 2185 and 2176 Odds are for a range bound day with a downside bias Markets Around The World Markets in the East were mixed – Shanghai, Seoul and Mumbai were down; Hong Kong, Tokyo and Sydney were up European markets are down Dollar index is up;…
Directional Bias For The Day: The futures are drifting up Narrow trading range of ten points since 3:00 AM on November 16 Odds are for a range bound day with an upside bias Econ data to look for CPI, Philly Fed and Unemployment Claims Markets Around The World Markets in the East were mixed – Hong Kong and Mumbai were down; Shanghai, Tokyo, Sydney…
Directional Bias For The Day: The futures are down Trending down since 7:00 PM on Tuesday Odds are for a down day Markets Around The World Markets in the East were mixed – Shanghai, Hong Kong and Mumbai were down; Tokyo, Sydney and Seoul were up European markets are mostly down – Only Switzerland is up Dollar index, EUR/USD, USD/JPY, GBP/USD are up Commodities are down Key Levels: Critical…
Directional Bias For The Day: The futures are trending up Symmetrical triangle on 30-minute chart Odds are for a down day Markets Around The World Markets in the East were generally down – only Hong Kong was up European markets are mixed – Germany, U.K, France and Spain are up; Italy and Switzerland are down Dollar index, EUR/USD and USD/JPY are up; GBP/USD is down Commodities are mixed – Crude, NastGas,…
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