Have stock prices reached their short-term top? The S&P 500 gained 1.47% on Friday, extending its uptrend following the higher-than-expected Nonfarm Payrolls release. The market…
Will S&P 500 continue higher despite mixed economic data and cautious guidance from tech giants? The S&P 500 gained 0.63% on Thursday, extending its…
JSW STEEL Elliott Wave technical analysis Function: Counter Trend. Mode: Corrective. Structure: Orange Wave 2. Position: Navy Blue Wave 1. Directions next higher degrees: Orange Wave 3. Details: Orange wave 1 appears complete; orange…
The US administration has changed its tone towards tariffs yet again on Tuesday. The White House Press secretary and the Treasury Secretary accused Amazon of…
The latest data from the Shanghai Futures Exchange (SHFE) shows that copper inventories in China fell significantly by 54,858 tonnes for a fifth consecutive week…
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The US Dollar (USD) is tracking lower again after two days of gains lifted the DXY some 2% off the three year low reached earlier…
BA Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave 1 of (1). Direction: Upside in wave 1. Details: The Boeing Company appears to have established a…
WSJ article suggests the White House is mulling cutting tariffs on China. The move would cut China tariffs by more than 50% in certain cases.…
S&P 500 is set to open higher, but will it break key resistance levels? The S&P 500 closed 2.51% higher on Tuesday, retracing Monday’s sell-off…