📊 Market Sentiment: Cautious Watchfulness Amidst Global Changes The markets are attentively eyeing the evolving geopolitical landscape and economic indicators. With global elections and central bank policies in focus, investors are navigating through a blend of optimism and careful scrutiny. 📝 Today's Recap Late in the day, some long exposure was added back at...
📊 Market Sentiment: Intense Anticipation As we navigate through a critical phase, the market remains intensely anticipative, closely watching the support and resistance levels after recent pullbacks and rallies. 📝 Today's Recap The market's latest move was a strategic "knife catch" long attempt at key 4727 support, marking an intensified focus on the immediate...
📊 Market Sentiment: Cautiously Watchful Market focus is on key supports at 4746 and 4738 after a recent pullback. The cautious watch is due to the possibility of further downtrend or stabilization at these levels, determining the short-term market direction. 📝 Recap: End-of-Day Movement The market ended with a strategic long attempt at key 4744 support,...
📊 Market Sentiment: Cautiously Watchful The market is cautiously watchful today, reflecting the recent volatility and key support breaches. The focus is particularly on 4778 and 4767-70 as major supports. Traders are vigilant of these levels for signs of continued bullish momentum or a deeper bearish shift. 📝 Recap: Volatility and Supports Tested Yesterday...
📊 Market Sentiment: Cautiously Watchful The market has shown signs of strain under recent volatility, breaking through several key support levels such as 4795-98. Focus is now sharply on 4777, a pivotal line that must hold to prevent further bearish momentum. Traders are approaching the market with a blend of caution and vigilance, balancing optimism with the...
S&P 500: SPX index could have a pullback as double-top forms. ..................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give...
📊 Market Sentiment: Bullish The market sentiment remains bullish, with a strong upward trend persisting into the final day of 2023. Traders are maintaining a positive outlook, focusing on the support levels of 4829-31 and 4808-04 and resistance levels of 4834 and 4838. The general mood of traders is of cautious optimism, with many hoping to cap off the year with...
BTC has shown bullish willingness. I anticipate the new year to visit the lows around 25K, and the quarterly FVG, I will be there to accumulate some. Market might decide not to even go there and just fill the inefficiency at 32K and decide to moon from there. I'd worry about BTC if we close below 19K and stay there for over a couple of days. I'm not a Crypto bull...
📊 Market Sentiment: Bullish Santa Rally Continues The market remains steady as the traditional "Santa Rally" lifts spirits and prices. Bulls are in firm control with the critical support at 4808 serving as the line in the sand. 📝 Recap: Steady Above Support The market has been resilient, notably maintaining above the 4822 level. A late-day failed breakdown...
Traders, The S&P500 has been 9 days without testing support and saw All Time-Highs. Today, the daily chart has presented a high probability of resuming the trend after a sharp correction. I already have an existing long that has done well but I'm adding into the position for this setup for icing on the cake. New: Long S&P 500 SPY target 4848.00 Stop 4695
📊 Market Sentiment: Bullish Santa Clause Rally The market sentiment remains cautiously optimistic, with the S&P 500 pushing to newer highs. However, there's an undercurrent of caution with the risk of corrective consolidation. The main focus is on major supports at 4813-16 and 4800 to maintain the rally. A sustained hold above these levels will be crucial for the...
📊 Market Sentiment: Cautious Holiday Trading As we continue the holiday week, trading volume and liquidity are expected to decrease significantly with the exit of institutional money and many professionals on break. This typically results in choppier and less predictable price action, increasing the potential risk for traders. The holiday trading mode is expected...
📊 Market Sentiment: Muted Santa Rally Expectations Despite some anticipations of a quieter Santa Rally this year, the market is expected to navigate through a "choppier" holiday season than usual. Flexibility and adaptability in trading strategies are emphasized over predictions. 📝 Recap: Historical Santa Rally Period Historically, the "Santa Rally" begins...
📊 Market Sentiment: Shifting Tides Amidst Volatility Despite a recent downturn, the market remains in a robust uptrend. The S&P 500 Futures experienced a red day, triggering a sell-off, but the bulls are still in play, awaiting a reclaim of certain resistance levels. Critical for the bulls is the 4740 area; holding above this level could initiate upward...
📊 Market Sentiment: Sustained Bullish Sentiment The market has recently demonstrated a notable positive trend, marked by nine consecutive days of gains. This upward movement might align with the phenomenon known as a "Santa Rally," traditionally observed in the stock market towards the end of December and the beginning of January. Typically, this rally is...
📊 Market Sentiment: Bullish Trend with Cautious Watch The market continues its upward trajectory, indicated by 8 consecutive green days, but now faces a critical juncture just under major resistance. While the bullish trend is dominant, traders should be vigilant for any trend reversals. 🌏 Major Global Catalysts Tesla's Wage Increase: Impacts on union...
📊 Market Sentiment: Bullish The market has been on a steady upward trend, with the March ES contract rolling from December front month to March. The key support and resistance levels have been identified, focusing on the 4756-58 to 4786 range. 🌏 Major Global Catalysts The discovery of a large tunnel near the Gaza border by Israel has sparked concerns about...
📊 Market Sentiment: Bullish Stay light on OPEX day due to the potential for choppy trading. Look for a potential base building in the 4756-83 range for a potential leg up to the 4804-08 zone. If 4756 fails, prepare for a potential pullback. 📈 The Markets Overnight 🌏 Asia: Mostly up 🌍 Europe: Up strongly 🌎 US Index Futures: Up strongly 🛢 Crude Oil: Up a lot 💵...