SPY AMEX:SPY | RALLY AFTER FED RATE CUT - Sep. 19th, 2024 BUY/LONG ZONE (GREEN): $552.50 - $575.00 WEAKER BULLISH ZONE (PALE GREEN): $552.50 - $540.50 Weekly: Bullish Daily: Bullish 4H: Bullish This was my analysis for the end of the day yesterday, forgot to post it. Price has already rallied fairly well today. The Fed cut rates yesterday 50bps, down from...
The excitement is building as the Federal Reserve is about to announce its rate decision—whether it's a 25 or 50 basis point cut. Will gold reach new highs or begin a downward trend? Let’s wait and see. From a personal perspective, I'm not particularly concerned about the impact on trading. Whether the market moves up or down, it will eventually return to the...
Technical Analysis: Gold Gold prices recently broke through the all time-high, recording a new peak at 2482, hitting our target perfectly. Bullish Scenario: For a sustained bullish trend, the price should stabilize above 2475. If this level holds, the price could reach 2488 and gradually move towards 2500 and 2526. There is also a possibility of a retest if...
The dollar is right on its projected path as expected. Inflation has prevented the Fed from lowering rates at least once. Can we expect a rate drop before the end of the year? My guess is that even with a bit of inflation showing the Fed will drop rates at least once. There are several reasons for my conclusion here not least of which are weakening economic...
CME: E-Mini S&P 500 Options ( CME_MINI:ES1! ) On March 24th, I published a trade idea, “Buckle Your Seatbelt for a Market Correction”, where I suggested that the US stock market was due for a major correction. Buying a Put contract on CME E-Mini S&P 500 Futures would be a trade to express this market view. How is this trade panning out? • On March 24th, the...
FED Rate tomorrow could spark the volatility I need to long. They almost always happen in areas that are overextended from the structure (white lines). You can't have the next big move without the liquidity.
Overview I can't shake the feeling that a large market correction is around the corner and at the same time the market contradicts my sentiments by appearing stronger every day. So I decided to investigate the 1 Year Treasury Note ( TVC:US01Y ) which is directly affected by Fed Rates to see how the market correlated to those changes in the past. What I found...
Today, we are expecting FED interest rate decision and FED press conference. In this video, I share a detailed technical outlook and potential scenarios for Dollar Index. Watch carefully, because it will help you to prepare for the coming news. ❤️Please, support my work with like, thank you!❤️
before you read any further, read my post from april: --- it has been awhile since i've given a public update on the us10y and my general theory about where i believe these rates are headed. back in april of 2023, i gave an upside target of 5.9% for the us10y. as of today, i'm raising the range for that upside target into the window between 6-9%, going...
Technicals leave very bullish clues on USDCHF: Our team spotted early bullish reversal and perfect accumulation pattern after a massive sell off that was lasting the last 4 weeks. We expect growth to 0.875 starting from Monday!
Hey guys today we're setting the #trade for May 2023: This trade is taking consideration the expectation of lower #CPI data and also de #FED #RATE expectations. E.0.88,700 TP. 0.92,000 SL 0.88,000
Weekly gold analysis 📌 Key points and overview: Technical view, can range between 1730$ and 1764$ Any lower than expectations can be a helping hand for gold to rise, and any US data more than expected can be a downward pressure for downside gold. 📝 Fundamental Analysis: After the sharp rise of gold, last week we saw the correction of gold in the range of 1730...
This 1M chart focuses on the U.S. Dollar Index (green trend-line), which is seeing its first serious and sustainable pull-back after a long time as since September 28 it has been trading on Lower Highs and Lower Lows (not seen on this monthly time-frame though). This week the low completed a -4.50% from its peak, which is the strongest pull-back since the January...
It's FOMC Day today. Im in Asia. I wont be getting into any trades until tomorrow asia time after the FOMC result. Just a few thoughts. 75bps is pretty much priced in the market, so i think if its only 75bps plus a dovish message along with it I think market well have a breather and see DXY correcting. Anything higher than 75bps is gonna be wild.. ...
This is a cross-asset analysis of Gold (black trend-line) and the Effective Federal Funds Rate (green trend-line). Following the aggressive rate hiking by the Fed since the start of the year in an attempt to battle an out of hand rise on inflation, the idea of this study is to see how Gold historically reacts to raises on the Fed Interest Rates. The Red Shapes...
NYSE:V is breaking a year long ascending triangle on the weekly time scale. Measuring by the height of the triangle, about $80, from the top of the triangle gives us a target of $296. This is 35% potential profit from the current price of $219. Taking the recent swing low as a guide, we can set our stop loss at $189. The triangle is not considered broken...
2019: Aug 1 2.25% Lowered rates despite growth Sep 19 2.0% Fed was concerned about slowing growth. Oct 31 1.75% Slow global growth and muted inflation. 2020: March 3 1.25% Corona virus outbreakw 2/3 times in 2019 BTC has had a significant downside after a Fed rate cut so watch out for another mid-term drop in comparison to what has happened before.