US Share markets indexes move lower after the US Fed raised interest rates by 0.25% as expected. There are a number of concerns that the market sees and is reacting to as risk assets take a hit. The US Fed showed concern for the banking crisis and expect credit conditions to tighten which does not bode well for growth in an interest rate raising environment. I...
Bias: Quiet, choppy morning. FOMC released @2 ET so will most likely be narrow ranged until then
Top Watches: Long - ETNB, OLLI, CVNA. Short - WOOF, LAZR, NKE.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day...
- NASDAQ QQQ and SPY closed near resistance QQQ im looking at $311 daily time frame triple top.
- FOMC 25BPS tomorrow 80% chance, need to see in Powell's speech if this is our last hike or we get a pause, also information on the banking situation too.
- XLF is going to be key factor tomorrow for SPY's direction, went completely sideways today will break...
Share markets continued to press higher as they focus on the coming FOMC interest rate release. Concerns over the banking sector are on the back burner for now and expectations for no rate rise from the US Fed may now be baked into the price action. I expect to see the Fed Reserve raise rates by 25 basis points as they still have to battle higher inflation so we...
- KRE and XLF still in a bear flag territory, Both are closing in on their tightening range and will break very soon either tomorrow or Wednesday. we will get a lot of volume and volatility once this breaks.
- QQQ & SPY have a Triple top resistance, if XLF break bull SPY will very likely break that resistance, so will watching all 4 closely.
- FOMC Wednesday...
Traders,
I believe this chart is so important it warrants revisiting the data. Indeed, the fed has to be cognizant of this same data and is most certainly is watching it closely. Therefore, we must do the same. In this video, I am going to explain why the housing market data, even though it's week, supports my thesis of a blow-off top in the stock markets this...
Bias: Choppy. FOMC minutes @2et, will likely be quiet until then.
Top Watches: Tune in to my Live Stream @9:45 EST for my full list of top stock watches
Follow @JLaing for a timely morning bias of the market, top stock watches, and live day trading every morning!
So right now Bitcoin is bullish + bearish as well it's upon whales now how they are going to play BTC and FOMC results, higher changes are for 25BPS well let me tell you what mindset you should have right now!
Till the time we don't break the 21430-21300 key support level don't be bearish
Right now I am still Bullish on bitcoin and I am hedging the trades just...
Bias: Choppy Neutral
Top Watches: Tune in to my Live Stream @9:50 EST for my full list of top stock watches
Follow @JLaing for a timely morning bias of the market, top stock watches, and live day trading every morning!
In this Video I do a quick analysis of the current condition of markets based on the SP500 proxy index the SPY. I also go through a few weekly data points as I am hoping to publish this every Monday to summarize the week head, and behind. This video is a bit long as I go through all my tools and routines, plus we have a very hectic week this week with FOMC,...
Low risk trade here, check out how the hourly, daily and weekly time-frames interact, giving a lot of upside room with very limited downside risk here.
Best of luck!
Cheers,
Ivan Labrie.
• Daily EURO/DOLLAR chart, zooming out back to 2021, where the 1.5 year downtrend started
• Short term, trend is bullish, higher highs higher lows
• Rising wedge forming, a bearish reversal pattern
• Resistance levels becoming support levels, a clear sign of an uptrend
• However, looking at the big picture changes the outlook a little bit
• Drew Fibonacci...
In this video I cover the divergence between the 2 and 10 year treasuries and the recent FOMC press conference language. Jerome Powell is promising one thing (continued rate increases), while the bond market seems to be claiming otherwise (Fed pause incoming). Who's right? Let's take a closer look.
Traders,
Happy New Year! It's been a terrible year for crypto, the markets, and the global macroeconomic environment. But the good news is that I believe we have left most of the negative declines behind us ...at least for a bit.
So, in this video, I'm going to look at what I see in 2023 for the U.S. dollar, the housing market, Bitcoin dominance, the stock...
With inflationary expectations low, a decrease in CPI and Core CPI, a likely slowing in interest rate hikes, there's too much positive news in the short term to ignore the likelihood of a near-term rally. Still, some hinges on Jerome Powell's outlook tomorrow, but I expect him to keep language as soft as his last speech. Last month, he was still very domineering...
Hi, and thanks for taking the time to look at our latest update. We hope everyone has been hitting some trade wins.
Today we are looking at the US30 after its wild session after yesterday's US CPI data. The data came in below expectations, and this continues the run of lower-than-expected releases. This remains a touch confusing, as last week, we saw the PPI...
In this video I break down the dollar chart. I quickly go through some fundamental data that's set to come out this week and at the end I give you some trade ideas I'm keeping an eye on.
I hope you enjoy. Please feel free to add anything you'd like in the comments!
