Interpreting market movements in a whole new way
Interpreting market movements in a whole new way
WTI Crude saw some selling from the tag of the $75 price-handle last week. There was profit taking on the back of a very strong and bullish inventory report this week. At TradeGuidance, we see that Crude Oil has technical price setups and agreements that it trades to, both on the way up and on … Continue reading “WTI Crude Technical Analysis for July 12-13, 2018”
Read MoreToday, we had weak weekly unemployment numbers with the number ticking up a tad bit for the first time in quite a while. Market participant exuberance on this miss was expected – with the financials losing some strength but we all forget the hawkish Fed statements this past week. So what does the bigger picture … Continue reading “What to expect of the indices during the week of July 9th, 2018”
Read MoreThe other day, we posted an article on the possible short-term rebound in the price of Gold. We faced the wrath of several naysayers who mocked our analysis. Well, Comex Gold did find a short-term bottom this past Thursday Globex session into Friday when we took long trades from 1240.1 and ran it nicely through … Continue reading “WTI Crude Analysis for July 4th, 2018”
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