To The Moon

In today's update, let’s continue to look at $E-mini S&P 500 - main 2309(ESmain)$ which has encountered a substantial bearish sentiment in recent sessions. As previously discussed, the market had breached the critical support level of 4496.25, indicating the potential for a prolonged bearish trend. 1 Hour Chart Current 1-Hour Chart Analysis Presently, the S&P 500 futures are consolidating within the range established during the previous trading session. For a potential bullish scenario to materialize, it would be favorable if the price successfully retests and holds above 449.23. Such a development would signify a higher low, increasing the likelihood of an eventual breakout to the upside. Conversely, if the price revisits the range of

The United States in August unseasonally adjusted CPI annual rate of 3.7%, a new high since May this year, has risen for the second time in a row; The United States in August unseasonally adjusted core CPI annual rate of 4.3%, the lowest since September 2021, has declined for six consecutive months; The United States in August seasonally adjusted CPI rate recorded 0.6%, the highest since June 2022.Yesterday Oracle fell by more than 13% due to the cold earnings report, Apple's share price fell after the autumn speech, and the three major indexes of the US stock market closed down on Monday (11).Before the end of the Apple options big order conference, it was mainly bullish, and after the end of the conference at 2 o 'clock, it was mainly bearish:buy

SummaryAdvertising performance exceeded expectations, creating a strong headwind effect for smaller platforms.TikTok's competition has slowed down, while Reels' commercialization has progressed smoothly, leading to improved revenue expectations.The comprehensive and vast social media ecosystem has the potential to replicate success in Threads.Following in the footsteps of $Microsoft(MSFT)$ and $Alphabet(GOOG)$ , $Meta Platforms, Inc.(META)$ announced its Q2 earnings report after-hours on July 26, surpassing market expectations significantly and raising Q3 guidance, resulting in over 8% post-market trading returns.Initially rebranding from Facebook to Meta Platfor

Elliott Wave Analysis TradingLounge Daily Chart, 27 July 23, Ethereum/U.S. dollar(ETHUSD) ETHUSD Elliott Wave Technical Analysis Function: Reactionary(Counter Trend) Mode: Corrective Structure: Zigzag Position: Wave (C) Direction Next higher Degrees: wave ((2)) of Motive Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1)) Wave Cancel invalid level: 1620.15 Ethereum/U.S. dollar(ETHUSD)Trading Strategy: We continue to consider a decline in the blue wave (2). Retracement of wave ((2)) usually .50 or .618 x Length wave ((1)). Another rise in the blue wave (3) opens the possibility of joining the trend again. Ethereum/U.S. dollar(ETHUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillator are bullish momentum. TradingLounge Analyst: Ki

Ladies and gentlemen, welcome to the roller coaster that is the stock market! Today's ride was particularly wild as investors grappled with the spectre of rising inflation and impending interest rate hikes by the Federal Reserve. Against this turbulent backdrop, three prominent stocks - Alibaba, Spotify, and Unity Software - took a stomach-churning plunge. But let's not lose our nerve! Before we delve into the challenges faced by these companies, let's first get a grip on the current market environment. The broader market has been gripped by inflationary pressures, causing prices to soar and leaving consumers and businesses alike feeling the pinch. Moreover, whispers of interest rate hikes by the Federal Reserve have sent shivers down investors' spines. Higher interest rates could tighten

Hong Kong shares waved on Wednesday morning Asia trade after China’s November factory activity narro

Investor sentiment towards Tesla is on the decline as CEO Elon Musk runs Twitter, according to Morgan Stanley.Analyst Adam Jonas surveyed investors and found that most respondents believe Tesla's pric