MCO is ripe with extremely volatile days and incredible wicks up and down. This volatility punishes those who are too eager to jump on a macro play. However, there are some clear signs that increase your odds.
When to buy: MCO can rip and rip and rip to the upside, but historically hits back at the 21 day EMA for excellent long opportunities. The current overall...
Outlined in the chart is gold's reaction to 3 fed dovish fed announcements
1. A end of "autopilot" rate hikes
2. A quarter point rate cut
3. A second quarter point cut
Each of these decisions lead gold higher in the medium term. In the very short term, it has formed the same pattern. An initial dump in the price of gold, followed by a small cupping shape and...