๐๐ฃ๐๐ข๐ข Price(๐ถ): โฌ๏ธ 1.0199%, market sentiment(๐): โฌ๏ธ 11.03%, message volume:โฌ๏ธ 7.33%.
USD STOCKS (๐): SPX:โฌ๏ธ 1.31%; ICIC: โฌ๏ธ 1.01%; VIX:โฌ๏ธ 15.96%. AUD STOCKS: XJO:โฌ๏ธ 2.19%.
US daily news (๐ ๐): BLM protests and riots, cops killing citizens increasing. US economy news (๐ฐ๐ฐ): Ended last week (Thurs-Fri) fundamentally strong ๐ช๐พ. Stocks turned around after strong plunge. Todayโs USD economic news (๐ ๐ถ๐ฐ): ๐ฐ 8:30- Empire State manufacturing index. 11:00- FOMC member Kaplan speaks. 4:00 pm: TIC long term purchases. Australia daily news (๐ ๐ฐ): BLM protests extend to Australia. Trade tensions with China becoming more serious. China sentenced an Australian to deathโ ๏ธ adding to already worsening tensions. Branch stacking scandal. Potential boost in Australiaโs space๐๐ธ industry. Australia economy news (๐ฐ๐ฐ): Fundamentally neutral/unaffected last week. Stocks started bearish trend without reversal. Todayโs economic news (๐ ๐ถ๐ฐ): 9:30 pm- Monetary policy meeting minutes; and HPI q/q.
TECHNICALS: ๐๐๐๐ Day ๐ chart- Bullish overall trend currently seeing correction waves. Bouncing off 50% fib retracement; could continue bullish trend or test 61.8% or 78.6%. Williams alligator ๐: reversing, heading down. Keltner channel: closed inside channels, playing off 20 MA. Stochastic: crosses in โoverboughtโ heading down.
1 hour chart ๐ฐ: Trend- bearish. Coming up on the 38.2% retracement; expected to test the divine proportion or the 78.6% area before possible reversing for the correction waves. Willams alligator ๐: Going down, seems to have started to level out. Keltner channels: bouncing off the 20 MA in the lower half of the channels. Stochastic: closed in โoversoldโ and looks to be staying there.
Looking ๐๐ at the candles we can see that they are pushing through each baby๐ผ bond area (0.68600, 0.68400, 0.68200, etc.) but struggling ๐ซ๐ซto break back through. Weโre seeing a lot of strong bearish candles with a lot of wick action at the top showing strong sell signs. ๐ฒ๐ฒ
USD STOCKS (๐): SPX:โฌ๏ธ 1.31%; ICIC: โฌ๏ธ 1.01%; VIX:โฌ๏ธ 15.96%. AUD STOCKS: XJO:โฌ๏ธ 2.19%.
US daily news (๐ ๐): BLM protests and riots, cops killing citizens increasing. US economy news (๐ฐ๐ฐ): Ended last week (Thurs-Fri) fundamentally strong ๐ช๐พ. Stocks turned around after strong plunge. Todayโs USD economic news (๐ ๐ถ๐ฐ): ๐ฐ 8:30- Empire State manufacturing index. 11:00- FOMC member Kaplan speaks. 4:00 pm: TIC long term purchases. Australia daily news (๐ ๐ฐ): BLM protests extend to Australia. Trade tensions with China becoming more serious. China sentenced an Australian to deathโ ๏ธ adding to already worsening tensions. Branch stacking scandal. Potential boost in Australiaโs space๐๐ธ industry. Australia economy news (๐ฐ๐ฐ): Fundamentally neutral/unaffected last week. Stocks started bearish trend without reversal. Todayโs economic news (๐ ๐ถ๐ฐ): 9:30 pm- Monetary policy meeting minutes; and HPI q/q.
TECHNICALS: ๐๐๐๐ Day ๐ chart- Bullish overall trend currently seeing correction waves. Bouncing off 50% fib retracement; could continue bullish trend or test 61.8% or 78.6%. Williams alligator ๐: reversing, heading down. Keltner channel: closed inside channels, playing off 20 MA. Stochastic: crosses in โoverboughtโ heading down.
1 hour chart ๐ฐ: Trend- bearish. Coming up on the 38.2% retracement; expected to test the divine proportion or the 78.6% area before possible reversing for the correction waves. Willams alligator ๐: Going down, seems to have started to level out. Keltner channels: bouncing off the 20 MA in the lower half of the channels. Stochastic: closed in โoversoldโ and looks to be staying there.
Looking ๐๐ at the candles we can see that they are pushing through each baby๐ผ bond area (0.68600, 0.68400, 0.68200, etc.) but struggling ๐ซ๐ซto break back through. Weโre seeing a lot of strong bearish candles with a lot of wick action at the top showing strong sell signs. ๐ฒ๐ฒ
Note
Fundamental update: ๐บ๐ธ: Empire State index recovers in June from two months of record lows.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.