Bitcoin has recently fallen below the 67k mark, a significant psychological level, and it should make its way down towards the critical support level of 64k. As for the SPY, it is currently trading below 695k, and if momentum continues, it will likely direct itself down towards 677k, which is another important threshold for investorsContinue reading “Investing Insight: Monitor Bitcoin and SPY Support Levels (E105)”
Tag Archives: Economy
SPY Trading: Key Support Levels and Market Trends (E101)
Spy is currently trading at 692! It will likely find support at 690, and there is a possibility that it could make a run for all-time highs in the near future. Meanwhile, BTC is currently trading at 93k, and very little movement is expected in this cryptocurrency space over the coming days. The latest CPIContinue reading “SPY Trading: Key Support Levels and Market Trends (E101)”
January Market Trends: SPY at 688 and BTC Below 90k (E100)
Happy New Year! With a lot of movement in the market at the start of this year, SPY is trading at 688, which is a very crucial support zone; it should ideally be able to bounce back from this level. However, if it fails to maintain that support, we could see it decline down toContinue reading “January Market Trends: SPY at 688 and BTC Below 90k (E100)”
SPY Trading Insights: A Look at Key Support Levels (E99)
SPY trading at 687 has plenty of support at this level and may rise to fill a gap to 689, which presents a significant trading opportunity for investors looking to capitalize on short-term movements. Meanwhile, Bitcoin has been trading at an impressive 90k, showcasing its resilience and appeal as a leading digital asset in today’sContinue reading “SPY Trading Insights: A Look at Key Support Levels (E99)”
Market Insights: CPI and Santa Claus Rally Ahead (E98)
Get ready for the holidays! With the CPI coming in at 2.6% lower than expected, there’s a sense of optimism in the market that could pave the way for a significant Santa Claus rally. This month, be on the lookout for the initial jobless claims report, as it could provide further insights into the economicContinue reading “Market Insights: CPI and Santa Claus Rally Ahead (E98)”
CPI Report Impact: SPY Trading Insights and Bitcoin’s Future (E96)
SPY trading at 677 with some resistance at 679, suggesting a potential struggle for upward momentum. Could it make new ATH as we get ready for the anticipated Santa Claus rally, which historically brings in a wave of bullish sentiment? Meanwhile, Bitcoin is trading at 105k with very little signs of a breakout, leaving investorsContinue reading “CPI Report Impact: SPY Trading Insights and Bitcoin’s Future (E96)”
SPY Trading Insights: Key Support and Resistance Levels to Watch (E87)
SPY trading at 626 has support at 620, which is a critical level for traders to monitor; if it holds, we could see increased buying interest that might gain momentum and push the price towards 634, where it is likely to encounter some resistance due to selling pressure. Meanwhile, Bitcoin is currently trading at anContinue reading “SPY Trading Insights: Key Support and Resistance Levels to Watch (E87)”
Market Insights: JOLT, GDP, and Fed Rate Predictions for June (E86)
This week be on the lookout for JOLT (Job openings data for June), GDP, and the Fed Interest rate decision, which is most likely to hold steady for now. Market chatter is intensifying, suggesting that we won’t see a reduction in rates until possibly September, and I’d love to hear your thoughts on this matter.Continue reading “Market Insights: JOLT, GDP, and Fed Rate Predictions for June (E86)”
Market Trends: SPY, Bitcoin, and Real Estate Insights (E83)
This week, we anticipate the release of the FOMC meeting minutes on Wednesday, which could provide important insights into future monetary policy decisions. Alongside this, the initial jobless claims data will also be published, offering a glimpse into the current employment landscape. In the stock market, SPY is currently trading above 620 and analysts suggestContinue reading “Market Trends: SPY, Bitcoin, and Real Estate Insights (E83)”
Market Predictions: Impact of Fed’s Rate Decision This Week (E80)
This is a very important week for the market. It could either make or break the current run! The Fed is scheduled to speak on Wednesday with the announcement of the interest rate decision. Will we finally see that rate cut, or will they continue to hold? Market experts are weighing the potential impacts ofContinue reading “Market Predictions: Impact of Fed’s Rate Decision This Week (E80)”
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