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Analysis Technical analysis

Daily Elliott Wave Forecast: SPX500, WTI, SILVER

The SPX has found support at the base channel near 4450 as part of wave 3 of an expanding wave flat C after falling c. 3.5% from its high yesterday. Wave 5 seems incomplete. The prices of OIL have lost some 5% as well since Thursday’s high at $87.70, however, the downside move looks corrective […]

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Analysis Technical analysis

Daily Elliott Wave Forecast: SPX, WTI, GBPUSD (13.01.22)

The SP500 index has recovered more than 50% of its recent losses following a running flat wave C completion down at 4580. Should prices continue to rise the pattern will be validated and lead to new highs. Meanwhile, OIL prices have found resistance at the right shoulder-line and trade 0.50% lower intraday. If this is […]

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Analysis Market overview

Top Market Opportunities 03.01.2022 – 07.01.2022

New Covid + Influenza Variation at Spotlight Despite the dollar weakening last week, it rose against the yen as deflation risks remain elevated, the previous BoJ meeting showed. With Omicron cases growing exponentially in the U.S., markets seem to be pricing in more inflation regardless of Fed’s hawkish narrative as the SPX managed to print […]

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Analysis Market overview

Top Market Opportunities 20.12.2021 – 24.12.2021

SPX Suffers Losses as Investors Realise Hawkinesh Post-FOMC Investors look at the post-FOMC environment as hawkish despite the initial reaction having triggered a risk rally, the weekly close showed last Friday. With the reset setting the equities up for extended bearishness, market participants will shift their focus on economic figures that add to the Fed’s […]

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