Author: RSS

S&P 500: Trade call, long call spread

S&P 500: Trade call, long call spread

Here’s a trade idea to test out: Long the S&P futures via a 2665/2770 strikes Long Call Spread with Friday expiration. Here’s why…

Elliott wave analysis: Can we see 1k in Ethereum?

Elliott wave analysis: Can we see 1k in Ethereum?

Ethereum dropped into our projected bottom target zone as expected and bounced sharply, which is the first sign for a completed correction. On the daily logarithmic scale chart below you can see that Ethereum bounced exactly from previous wave IV suppo…

Pound trims CPI related gains

Pound trims CPI related gains

The pound staged a small rally after this morning’s publication of the latest UK inflation figures, before giving back a sizeable chunk of its gains against the dollar.

Sterling flat ahead of UK inflation data

Sterling flat ahead of UK inflation data

Sterling struggled for direction on Tuesday morning, as investors remained on the sidelines ahead of the release of January’s CPI inflation figures from the United Kingdom.

Daily Price Action: E-mini S&P 500

Daily Price Action: E-mini S&P 500

Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Monday, Feb. 12, 2018.

Daily forex rundown: Euro, yen, Aussie & CAD

Daily forex rundown: Euro, yen, Aussie & CAD

In a quiet currency session ahead of a busy week of data, the euro grinded higher since bottoming early this morning. The U.S. Federal Budget Balance came in a little lighter than expected and this put pressure on the dollar late in the session. Today …

Daily markets morning round-up: E-mini S&P, gold, crude & Treasuries

Daily markets morning round-up: E-mini S&P, gold, crude & Treasuries

After a strong start to the week for U.S. equities, continued pressure in Japan is holding back the risk appetite globally. The Nikkei is down 12% from its January high and while the cash index is down .65% on the session the futures have shed more tha…