SPY is currently trading at its support level of 680, which could potentially make its way down to 670 depending on the economic data to be released this upcoming week, including key indicators that could influence market sentiment. Bitcoin is currently trading at 68k, and analysts project that it may decline to around 61k beforeContinue reading “SPY & BITCOIN Support Levels(E106)”
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Investing Insight: Monitor Bitcoin and SPY Support Levels (E105)
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)”
SPY Resistance Levels: What Traders Should Watch (E104)
SPY is currently trying to break through the resistance levels, and a key level to watch is 697, which will provide insight into the market’s future direction. If it manages to surpass this point, we could potentially see a push towards 700, a significant psychological milestone that traders will be monitoring closely. Be on theContinue reading “SPY Resistance Levels: What Traders Should Watch (E104)”
SPY Faces Resistance at 694.87 Fed Rate Decision Impact (E103)
SPY is making a run to all-time highs, currently trading at 694.87, where it is facing significant resistance that traders will be closely monitoring. This week, we have the highly anticipated Fed announcement regarding interest rates, and it raises an important question: do you think we will see a rate cut, or are we goingContinue reading “SPY Faces Resistance at 694.87 Fed Rate Decision Impact (E103)”
Economic Indicators to Watch: Impact on Markets This Week (E102)
SPY trading at 677 with the potential of finding support at 670, which could be a critical juncture for traders to watch closely. BTC, on the other hand, is trading at an impressive 90k, showcasing the diverse and rapid movements often seen in cryptocurrency markets. So much volatility is expected on the horizon, which couldContinue reading “Economic Indicators to Watch: Impact on Markets This Week (E102)”
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)”
Impact of Fed Rate Cuts on Housing and Economy (E97)
Wow, what an interesting couple of weeks it has been! The Fed decided to cut rates, raising many questions about the potential for more rate cuts in the near future. This week, we have a lot of important data set to be released, including unemployment figures, S&P Global Services data, CPI, and Initial Jobless claims,Continue reading “Impact of Fed Rate Cuts on Housing and Economy (E97)”
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