Gold and US dollar in play this week
Lots to like about the new uptrends in both these symbols as well as the fact that we can look for pullbacks based on a busy FOMC week.
Lots to like about the new uptrends in both these symbols as well as the fact that we can look for pullbacks based on a busy FOMC week.
Let’s focus on using the barrage of FOMC events this week to take some retracement entries as they come our way.
Bulls have the setup and the seasonality for a very strong finish to end the year. Let’s check out the trifecta of weekly squeezes that the bulls are banking on to close out 2021.
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
After some chop and weakness this week, here is where and why crude oil is still a buyable setup.
November is shaping up to take traders into what is likely a year-end rally.
LCID is setting up for a potential short squeeze, and there are three ways I can see jumping on for the ride. Let’s talk about a pre-earnings move, along with what to look for on the earnings report.
We had a quiet day today, which means we are starting to see even more consolidation on a few charts, including AAPL, ORCL, ASO, DE, and more. Additionally, there were many short squeezes taking off, including LCID, BLNK, QS, BGFV, and more. Let’s take a look!