Hello everyone! Today i want to share some technical analysis with you!1. $.DJI(.DJI)$ 11th in a row?Almost unheard of--DJI closes RED for 10 consequtive days. Although I think the previous day's low will be tested and broken, today's bar has to be GREEN. That is my bet.2.Three lines to watch for $.SPX(.SPX)$ : MA50, 100 & 200. If closes lower than 5924 (MA50), high likely to visit next line around 5770 (MA100). By the same token, if 5770 lost, then the BLACK LINE around 5523. Yeah, a bit ahead of ourselves here, but this correction is at a higher level.Follow me to learn more about analysis!!

Hello everyone! Today i want to share some macro analysis with you! $E-Micro Gold - main 2502(MGCmain)$ $Gold - main 2502(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Gold price managed to break below the intraday bullish trend line and stabilised below it, reinforcing the expectation of a continuation of the bearish trend on an intraday basis, mainly waiting for a visit to the $2,615.00 and subsequently the $2,600.00 level.Stochastic has clearly lost its positive momentum, supporting the downward expectation that a break above $2687 will stop the bearish wave and lead the price back to the main bullish track again.Today's trading range is expected to be bet

Hello everyone! Today i want to share some technical analysis with you!1.The Limit of $Tesla Motors(TSLA)$ : (1) For the last 2.5 years, TSLA formed a large side-way triangle to store energy for the next leg up. (2) now, with a clear breakout of the resistance & ATH, TSLA opens up a new limit for the next leg up. (3) the yellow bar is a rough gauge--yeah, 1K.2.Yeah, $.DJI(.DJI)$ closes red, the EIGHTH in a row--I can't remember when was the last time that the leader group is in such a total retrace mood while SPX is hanging near ATH.Follow me to learn more about analysis!!

News and my thoughts from last week (16Dec24) US BANK DEPOSITS FELL TO $17.839 TLN FROM $17.906 TLN IN PRIOR WEEK. Image The US budget deficit spiked by a massive $367 billion in November 2024. This was $14 billion above the median expectation of $353 billion. For the first 2 months of the Fiscal Year 2025, the total deficit now stands at $624 BILLION, the highest on record. This is up a staggering 64% from the $380 billion seen last year and above 2020 pandemic levels. To put this into perspective, the budget gap was 3 TIMES lower on average during the 2013-2017 period. The debt crisis is worsening. - X user The Kobeissi Letter Entitlement can bend reality The average contract interest rate for 30-year fixed-rate mortgages to 6.67% from 6.69% Applications to refinance a home loan surged 2

Public Holidays There will be no public holidays in Singapore, Hong Kong, The USA or China in the coming week. Economic Calendar (16Dec24) Notable Highlights FOMC interest rate decision will be the most watched news in the coming week. The market expects an interest rate cut. A contrary decision is likely to cause some market volatility. The core PCE Price Index will be the next most watched indicator for inflation. This is the preferred reference that the Federal Reserve uses for inflation. Surprises in this can lead to market volatility. S&P Global US Manufacturing PMI reflects the growth or contraction of the manufacturing sector. The Philadelphia Fed Manufacturing Index shows the development of the manufacturing sectors in Philadelphia. S&P Global US Se

Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2502(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ TECHNICAL: Gold prices provided a clear buying trade yesterday, reaching the $2725 area, reinforcing the expectation of a continuation of the bullish trend in the upcoming trade, reminding you that the target we are waiting for is located at $2,745, a break of which is the key towards the recently recorded all-time high of $2,790.At the same time, considering that a break below $2,670 would stop the bullish wave and push the price to turn down, the stochastic indicator is still negative, which would hamper the task of bouncing back towards the awaited target.Today's trading

My Investing Muse (09Dec24) Layoffs & Closure news Intel's biggest revenue decline in five quarters to hit amid broad layoffs and missed AI boom - Calcalitech.com UK-based wealth manager St James’s Place is planning to cut about 500 jobs in an attempt to reduce costs under chief executive Mark FitzPatrick. - FT Cargill plans to cut around 5% of global employees, internal memo says - Yahoo Finance Layoffs could be companies trimming their fats or their efforts to stay afloat. This may not always be bad news. Image US restaurant bankruptcies are accelerating: There have now been 14 bankruptcies in restaurant chains with $20+ million in revenue this year, the highest number since 2020. This is up 133% compared to 2022 when 6 large chains with at least $20 million in annual revenue went ba

Public Holidays There will be no public holidays in Singapore, Hong Kong, The USA or China in the coming week. Economic Calendar (09Dec24) Notable Highlights The most watched macro data will be the Core CPI and CPI data. This is one of the references for inflation. This would be closely watched data as the Federal Reserve is likely to have this as part of the consideration for the coming interest rate decision in Dec 2024. The next important economic data will be PPI. This represents the inflation that hit producers/manufacturers - an amount that is likely to translate into inflation for the consumers when their products hit the shelves. This can be seen as a prelude to CPI (inflation). If there is an increase in PPI, the impact will also be seen in CPI. The 1