Market Analysis
17/6 Weekly Market Recap
Posted by jon on
Spy of the week. This week we experienced a sharp decline in the markets. The first two sessions seemed to continue the upward price movement, penetrating the down-sloping channel of the last two weeks, but things changed rapidly. On …
- Tags: Commodities, Market Analysis, News & Market Analysis, Our Blog, Technical Analysis, US Market News
10/6 Weekly Market Recap
Posted by jon on
Spy of the week This week the market experienced a range-bound price activity. Being in a downtrend channel, we started this week with a bearish bias, but as we went progressed into time, the SPY formed a significant higher low: …
- Tags: Commodities, Market Analysis, News & Market Analysis, Our Blog, Technical Analysis, US Market News
3/6 Market Recap.
Posted by jon on
SPY of the week Percentage wise, this week we had a neutral week on the overall market. The important support level which we have been watching since last post – 164.00, has been breached. This breach has a particular attribute …
27/5 Weekly Market Recap.
Posted by jon on
SPY of the week Hello trades! this week we had a short trading week, 4 days of trading with mostly red candles. The SPY representing the S&P 500 lost almost 3%, that’s the biggest loss for 1 week since the beginning …
20/5 Week Market Recap
Posted by jon on
Previous week Market Recap: S&P, Breaking News and Volatility. This week we experienced a mini turbulence in both stock and currency market, due to the comments of Ben Bernanke, the chairman of the Federal Reserve. As traders, we all know …