Happy Martin Luther King Jr Day! Today is full of events as we navigate through the political landscape; we have Trump’s inauguration, and consequently, the market is closed, creating a pause in trading activity. SPY has a couple of gaps to fill at 582 and 593, which might spark interest among traders looking to capitalizeContinue reading “Market Insights: MLK Day Analysis and Trading Strategies (E61)”
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Market Volatility: Time to Buy the Dip? (E60)
SPY attempting to recover; however, it looks like it might climb down to the 566 support level, indicating some volatility in the market. Now might be a great time to buy the dip, especially for investors looking to capitalize on potential gains as the market stabilizes. However, always take the upcoming data into consideration, asContinue reading “Market Volatility: Time to Buy the Dip? (E60)”
Market Update: SPY Surges While BTC Stalls (E53)
SPY reached an all-time high of 600 today, reflecting a resilient market amidst mixed economic signals. Meanwhile, BTC is struggling to breach the anticipated 100k mark, currently hovering just below at 95k, as investor sentiment remains cautious, despite projections of a significant upward trend. In the housing market, existing home sales exceeded estimates, increasing byContinue reading “Market Update: SPY Surges While BTC Stalls (E53)”
Analyzing SPY’s Support Levels and Bitcoin’s Future (E49)
SPY is holding on to the 570 support level, slowly climbing up from 574 last week, which indicates a cautious optimism among traders and investors. As Bitcoin reaches its significant milestone of 69k, the critical question remains: will it hold this value, or are we poised for a pullback? The atmosphere in the financial marketsContinue reading “Analyzing SPY’s Support Levels and Bitcoin’s Future (E49)”
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