Market News
AUDNZD Pair Is Approaching Resistance, While Finishing A Correction
WavetradersWed Apr 24, 1:48AM CDT
AUDNZD Pair Is Approaching Resistance, While Finishing A Correction from technical perspective and by Elliott wave theory.
Behind the Renewed Interest in Lumber Markets
CME GroupWed Apr 24, 12:12AM CDT
Limited supply and rising demand for lumber are increasing participation in CME Group Lumber futures. Following a record wildfire season in Canada in 2023 and lower European imports, market participants with exposure to physical lumber prices are showing record interest in futures.
Shootin' the Bull about getting full
Swift Trading CompanyTue Apr 23, 5:55PM CDT
Futures traders were quick to relinquish their buying today. I think that when you delve inside the business, you'll find that importers are no longer chasing the bid for imported inventory.
Wheat Bottom Came Right At A 78.6% Fibonacci Retracement, 50 Cent Rally Follows
ONE44 AnalyticsTue Apr 23, 5:51PM CDT
Educational and Actionable information using Fibonacci and W.D. Gann analysis
IGV play as a proxy for MSFT earnings
Archna TradesTue Apr 23, 11:59AM CDT
IGV is a software internet ETF. Using this ETF, I can play MSFT earnings without risking a lot.
Chicago SRW Wheat
Klarenbach ResearchTue Apr 23, 11:40AM CDT
An analysis of Chicago SRW Wheat to assist traders and farmers with grain marketing.
Hedge accounting for the masses: How futures and FASB changed hedging forever
CME GroupTue Apr 23, 11:40AM CDT
Read how recent accounting guidance and Eris SOFR Swap futures make interest rate hedges more accessible.
American Airlines (AAL) : Buying The Stock at the Blue Box
Elliott Wave ForecastTue Apr 23, 11:07AM CDT
Hello fellow traders, As our members know we have had many profitable trading setups recently. In this technical article, we are going to present another Elliott Wave trading setup we got in American Airlines (AAL) . The stock completed correction precisely at the Equal Legs zone, referred to as the Blue Box Area.
Platinum (PL) Turning Higher
Elliott Wave ForecastTue Apr 23, 10:57AM CDT
Platinum (PL) looks to have formed a bottom and the metal has started to rally higher in the next bullish cycle. The metal still needs to break above 1348.2 to confirm that the next leg higher has started. Below we updated the Monthly and Daily Elliott Wave chart for the metal.
Elliott Wave Suggests AT&T Inc. (T) Last Leg Lower Could Have Started
Elliott Wave ForecastTue Apr 23, 10:43AM CDT
AT&T Inc. (T) is an American multinational telecommunications holding company headquartered in Dallas, Texas. It is the world's largest telecommunications company by revenue and the third-largest provider of mobile telephone services in the U.S.
SPDR Metals & Mining ETF ( $XME) Found Buyers at the Blue Box Area as Expected.
Elliott Wave ForecastTue Apr 23, 10:35AM CDT
Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of SPDR Metals & Mining ETF (XME) . The rally from 3.14.2024 low at $55.37 unfolded as 5 waves impulse. So, we expected the pullback to unfold in 3 swings and find buyers again.
Gold Price Slides Even Without Dollar’s Help!
Sunshine ProfitsTue Apr 23, 10:00AM CDT
Gold slides once again today, proving that yesterday’s $67 slide was not accidental.
Neutralizing the Damage in Stocks and Metals
Blue Line FuturesTue Apr 23, 9:25AM CDT
Bill Baruch joined the CNBC Halftime Report Monday to detail adding to two names.
No Bull | The Five Spot
NO BULLTue Apr 23, 9:23AM CDT
#5 | New Heights Cocoa and copper continued to make a run for it last week, especially cocoa which traded above $12,000/tonne briefly on Friday before settling at $11,878 - nearly $5.00 per pound! Everyone's new favorite commodity has broken since though, down nearly 15% to start the week. #4...
Gold's Breaking Out, What’s Next?
CME GroupTue Apr 23, 5:00AM CDT
Central bank buying and geopolitical tensions have propelled the upward momentum in gold. "The breakout in gold is multi-dimensional," says Bill Baruch with Blue Line Futures, who is specifically watching the buying spree by the BRICS nations.