2 October, 2023 What a cracking weekend of sport, sun and great Australian vibes! Daylight savings is now in full swing and wow… it’s already October. In other news… Is graphite about to move? UBS think so. Click here to read more. Across markets Australian shares are poised to start the final quarter of this year lower […]
Market Review They say the country is divided. I say was it engineered by Big Tech and the Media? The media has built a wall between Americans and America… We can’t call it the China Virus for political correctness… This week was full of highs and lows. Mostly lows for Trump’s team. Nancy gave us […]
This Looks Like A Topping Pattern The S&P futures (ESZ19:CME) closed on Thursday at 3097.00, 9 points above its 8:30 CT opening print of 3088.50, after closing Wednesday at 3095.50. Its trading range (3081.75 – 3098.25) was slightly less than its previous day, and again failing to set a new intraday high. This is a […]
This Looks Like A Topping Pattern The S&P futures (ESZ19:CME) closed on Thursday at 3097.00, 9 points above its 8:30 CT opening print of 3088.50, after closing Wednesday at 3095.50. Its trading range (3081.75 – 3098.25) was slightly less than its previous day, and again failing to set a new intraday high. This is a […]
Dips Are For Buying The S&P futures (ESZ19:CME) closed at 3095.50 Wednesday, 14 points above its opening print of 3081.25, after closing Tuesday’s session at 3092.00. Its trading range (3075.75 – 3097.00) was about the same as the previous day, but it failed to set a new intraday high. This is a classic topping pattern; […]
Dips Are For Buying The S&P futures (ESZ19:CME) closed at 3095.50 Wednesday, 14 points above its opening print of 3081.25, after closing Tuesday’s session at 3092.00. Its trading range (3075.75 – 3097.00) was about the same as the previous day, but it failed to set a new intraday high. This is a classic topping pattern; […]
Rejection At Higher Prices The S&P 500 futures (ESZ19:CME) closed on Tuesday at 3092.00, a couple points above its opening print of 3089.28 after closing Friday at 3089.25. Its trading range (3081.25 – 3102.00) expanded slightly, with the close coming right in the middle of the range. Still looks like a topping pattern to me; […]
Rejection At Higher Prices The S&P 500 futures (ESZ19:CME) closed on Tuesday at 3092.00, a couple points above its opening print of 3089.28 after closing Friday at 3089.25. Its trading range (3081.25 – 3102.00) expanded slightly, with the close coming right in the middle of the range. Still looks like a topping pattern to me; […]
Thin To Win Holiday Markets The S&P 500 futures (ESZ19:CME) closed on Monday at 3087.50, 11 points above its opening print of 3076.00, after closing Friday at 3090.50. Its trading range (3074.50 – 3090.50), if you can call it that, is sending out some signals. Remember, tops are more a rolling over then gaining velocity […]
OP: The Never Ending Rally