Showing Signs of Weakness Late in the Day
Market participants will continue to see this as a “sell the rallies” type of situation, as the market has far too much […]
Index Gives Back Gains at the 50 Day EMA
We are still in a very significant down-trending channel, and I think that will continue to be the way going forward. The […]
USD Continues to Fight Near 50 Day EMA
The nice thing about this pair is it does tend to trend quite nicely. The US dollar has fallen a bit during […]
Bitcoin Gives Up Gains at the 50 Day EMA
Quite frankly, I am not that impressed at this point in time. Bitcoin initially tried to rally during the trading session on […]
Index Breaks Above the 50 Day EMA
In general, we are trying to decide whether this has been a short-term pullback, or if it is the beginning of something […]
Oil Pulls Back to the 50 Day EMA
The only thing I think you can count on at this point is a lot of noise and wrecking of accounts. The […]
ZCash Breaks Above the 50 Day EMA
ZCash is pretty far out on the risk spectrum, so make sure that Bitcoin and Ethereum are starting to recover before you […]
Threatening to Break Above the 50 Day EMA
This market will continue to be very noisy, and therefore the volatility should be rather significant. The S&P 500 initially dipped on […]
Aussie Breaks Below the 50 Day EMA
As long as risk appetite is all over the place, the Australian dollar will be the same. The Australian dollar has fallen […]
Bitcoin Bounces From 50 Day EMA
The market continues to see a lot of volatility, but it is clear that the buyers have stepped into the market and […]
Index Saves Itself Late in the Day
Now that we have tested the 50 Day EMA two days in a row and I found buyers there, I suspect that […]
Bounces from 50 Day EMA
The West Texas Intermediate Crude Oil market has rallied on Monday to kick off the week on the right foot. It has […]