Nat Gas got another daily positive close. This chart is looking ultra bullish and we may get to witness one of the greatest short squeezes.
Apple may have just given us the first daily topping signal. It closed below key support which leaves it extremely vulnerable to more downside. This leading stock will take the markets much lower if it breaks down. Daily secondary lower close is on watch to solidify this trend change in apple.
The rally continues, what's next for Natural Gas? Massive long term reversal signals on watch.
Lumber has been decimated over the last 3 weeks. With housing data coming out tomorrow along with PCE. Is this weak lumber chart signaling a continuation of yield strength moving up? Does the market interpret the housing data as negative? One thing is for sure interest rates should make a move tomorrow off of the data sets.
Discussing the latest Nat Gas price action and Inventories.
0:15 SPY 1:02 Nvidia 2:50 Yields 3:30 DXY 5:14 Natural Gas 6:48 Gold 7:10 NEM 8:36 Silver 8:40 PAAS 9:10 XOM 9:37 USOIL 11:02 GE 12:30 PANW 13:41 NVDA 14:42 SPY 15:00 Summary
The markets are at an inflection point. The resolve of the bulls is likely going to be tested very soon. If the SPY loses this support level it could open up the doors to another 5-7% down.
Discussing all the major weekly trends for each sector.
Nat gas got slaughtered on Friday and made a new low. When will the price action turn around? at this rate could we go negative?
The spy has closed below a key support which has now become resistance. Closing Below this level for 2 consecutive weeks leaves it vulnerable to retracing lower to the next major support. A retrace down to to the major trendline breakout will be very healthy consolidation if it manages to hold that level.
Discussing the SPY, QQQ, Natural GAs, Oil, Yields, DXY,
Discussing all the major indices. Market signals and some latest earnings. SPY, QQQ, DXY. Yields, Gold, Silver, Oil, Natural Gas,
CPI release today spiked yields but tech stocks brushed it off. Will the divergence between bond & stocks play out in favor for stocks? We disucss the SPY, QQQ, Yields, DXY, Gold, Natural gas, Oil, Bitcoin, Tesla, Nvidia.
Discussing all the leading sectors 0:15 XLK 1:40 XLV 3:45 XLY 4:45 XLC 5:37 XLP 6:26 XLF 7:33 XLI 9:00 XLU 10:54 XLRE 12:14 XLB 13:15 XLE
We discuss all the major indices and markets. SPY QQQ DXY Yields Gold Bitcoin Inflation
We discuss the latest daily and intra day price action. Some education about basing formation and what we need to see to gain likely more upside.
The DXY is on watch for an hourly breakout. This is coming on the back of China inflationary numbers. 2.1% YOY inflation 0.8% MOM inflation. The Month over month came in slightly hotter than expected which could be signaling maybe a hotter US CPI next week. The China Reopening may be the cause of this.
Lots of price action to digest. The markets a had an epic reversal along ng with many stocks. We cover all the major market trends & indices.