Directional Bias For The Day: The futures are trending up since 6:00 AM Emerging symmetrical triangle on 30-minute chart Odds are for a down day Markets Around The World Markets in the East were mixed – Shanghai and Tokyo were up; Sydney, Hong Kong, and Seoul were down; Mumbai was closed European markets are mixed – Germany, U.K, France and Spain are up; Italy and Switzerland are down Dollar index…
Directional Bias For The Day: The futures are down Trending down since 3:00 AM high of 2180.50 Emerging symmetrical triangle on 30-minute chart Odds are for a down day Markets Around The World Markets in the East were mixed – Shanghai, Tokyo and Sydney were up; Hong Kong, Mumbai and Seoul were down European markets are mixed – Germany and Italy are up;…
Directional Bias For The Day: The futures are sharply down Odds are for a down day Markets Around The World Markets in the East were down European markets are down Dollar index, EUR/USD and USD/JPY are up; GBP/USD is down Commodities are mixed – crude and NatGas are down; copper, gold and silver are up Key Levels: Key levels for eMini futures: break above 2116.00, the 8:00 AM high, and break below 2078.75, the…
Directional Bias For The Day: The futures are down Odds are for a consolidation following big gains on Monday Markets are waiting for results of U.S. presidential election Markets Around The World Markets in the East were mostly up – Tokyo was the only down market European markets are mostly down – Switzerland being the only exception; most tried to fill the gap of…
Directional Bias For The Day: The futures are sharply up S&P 500 has been down for nine consecutive day; last time it did that was on December 11 1980; it advanced for seven consecutive days after that and 19 out of 24 Odds are for a bounce on law of averages The markets are driven more by U.S. presidential election than anything…
Recently, the Wall Street Journal published an article, “The Biggest Money Mistakes We Make – Decade by Decade“, on the money mistakes that people make during their life at various age-levels. Their relationship with money and understanding of it evolves during their lifetime and they make different types of mistakes. Young people in their 20s, either because of…
Directional Bias For The Day: The futures are unchanged but finding resistance at a down trend line on 30-minute timeframe S&P 500 has been down for eight consecutive day; last time it did that was on August 12 1982 Odds are for a bounce on law of averages The markets are driven more by U.S. presidential election than anything else Markets Around The…
Directional Bias For The Day: The futures are up and broken above a down trend line on 30-minute timeframe S&P 500 has been down for seven consecutive day; before yesterday, it had happened only twice since 2010 and the streek ended at seven Odds are for a bounce Markets Around The World Markets in the East were mostly down – Seoul was the exception…
Directional Bias For The Day: The futures are down but up from the low of 2094.50 at 11:00 PM on November 1 S&P 500 has been down for six consecutive day; during this period futures were down for five days Odds are for a bounce Prior to November 1, S&P 500 had six instances of six consecutive down days and two instances of seven consecutive down…
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