ChartScope

ChartScope

NASDAQ and SP 500: Entering the Troublesome Half of September. As we step into the latter part of September notoriously known to be unfavorable for stocks, we're keenly tracking the NASDAQ and SP 500. Last Friday saw options expire that inevitably led to a slide, confirming an ABC correction and setting our sights on new lows in this corrective phase. Targets to...

ChartScope

Introduction Ever wondered about the captivating world of commodities? Today we’ll dive into a staple that sustains billions: Wheat. Wheat has an undeniable influence on global market trends, not just for its widespread consumption but also as an important trading commodity. The prevalence of wheat, in fact, dates back to over 10,000 years when it was first...

ChartScope

Oil Price Movements and Inflationary Effects Those who have been following our series on the oil industry and its role in inflation expect these numbers to continue their upward trend before the final downward correction rears its head. This correction will inevitably impact subsequent inflation numbers.

ChartScope

Sugar is undeniably more than just a sweet additive to our food and beverages. It's a global commodity, instrumental in shaping economies and triggering intricate financial behaviors. But what makes sugar a commodity? How does it interact with major economic poles like oil stocks or the inflation rate? Let's dive into the intricacies of sugar as a powerful market...

ChartScope

"Oil is the lifeblood of modern civilization, fueling progress and shaping the course of nations." By ChartScope Published on August 25, 2023 Consider the shock of paying significantly more for your daily fuel needs. This not only affects your driving expenses but can ripple into higher costs for essentials like groceries and clothing. Enter the role of light...

ChartScope

This year's Bitcoin journey, bared under the uncompromising lens of Elliot Wave analysis and Fibonacci retracements, harbors intriguing insights for both new and seasoned investors alike. Despite the apparent stagnancy in recent months, dissection of the underlying patterns reveals a meaningful pattern and potential for future movement. Elliot Wave analysis...