Marketprofile
ES still in decision after drop before xmasBond Auction Demand Analysis
The recent 10-year Bond Auction showed weaker demand with a 0.2 tails basis point, indicating reduced investor interest compared to previous auctions. The high bid-to-cover ratio of 2.53 suggests challenges for the stock market rally as investors seek higher yields. A 30-year Bond Auction on January 9th will provide further insights into market trends.
Jobless Claims Report Impact
The Initial Jobless Claims report showed favorable results, which could support a steady move in the market, particularly in the CME_MINI:ESH2025 ES index. Traders are closely monitoring these developments as they assess the implications for interest rates and overall market performance.
Market Reaction and Expectations
During the first session of the US market, there was little decision-making movement, indicating a need for more information on market reactions. With a national holiday approaching and a 30-year Bond Auction scheduled, a quieter market is expected in the interim.
ES on early Jan'25 CME_MINI:ESH2025
Market Balance Dynamics
The market is currently exhibiting a prolonged initial balance on the downside, indicating a period of consolidation.
Accumulation of Passive Buyers
There seems to be a potential accumulation of passive buyers taking advantage of the downtrend, suggesting that buying interest may be building.
Uncertainty in Market Movements
However, it is still too early in the market to predict definitive movements, leaving room for either further downward trends or recovery.
GOLD Update Read Caption 📈USD is recovering because of hawkish policies
The expert explained that amid persistent inflation concerns, the US Central Bank is expected to be more cautious in its interest rate decisions next year. This is likely to support bond yields and the US dollar, two factors that often reduce the appeal of gold.
Higher bond yields have a significant impact on investment demand for the yellow metal, as they increase the opportunity cost of holding these non-yielding assets. “At the same time, the greenback’s resilience, supported by hawkish central bank policies and strong economic data, makes gold more expensive for buyers holding other currencies. These dynamics could limit gold’s upside potential in the first half of next year.”
🔥 XAUUSD SELL 2625 - 2628🔥
💵 TP1: 2620
💵 TP2: 2610
💵 TP3: OPEN
🚫 SL: 2637
#GOLD #TODAY GOLD TODAY
Gold broke the 2630 zone to extend its rally to near 2640 yesterday. And is now declining back to test the breakout zone.
Gold seems to be moving in an uptrend channel and could target the 50% Fib zone of the previous decline around 2655. Therefore, in the Asian session, you can wait to buy gold around the 2628-2630 zone. If you want to sell, you have to wait for a market decline to ensure safety.
ICT Weekly Range Profiles - *Early* Classic Mon High of the WeekNews from Oct 19, 2020
"Stock market live Monday: Dow sheds 400 points, stimulus concerns, Covid-19 cases hit 40 million" - CNBC
www.cnbc.com
"Stock market news live updates: Wall Street slumps on fading pre-election stimulus hopes, Dow has worst day in nearly a month" - Yahoo Finance
finance.yahoo.com
XAUUSD 1HR CHART UPDATEXAUUSD Analysis The price has decisively broken through the previous resistance zone, confirming bullish momentum, and is now on track to potentially reach the next significant level at 2678. This move sets the stage for a strategic buying opportunity tonight let's watch the market together...
BTC AT IMPPORTANT LEVELBitcoin is at a pivotal juncture, testing an important price level that could define its next move. A breakout above this zone could signal renewed bullish momentum, attracting fresh interest from traders and investors. On the other hand, rejection here might lead to consolidation or a pullback, highlighting the importance of this level in shaping BTC's short-term trend. All eyes are on the charts as the market awaits the next big move..
Gold 100% Confirmed Signal alert!XAUUSD Insight: Currently Gold make support After Big fish hunting small fish in market and today market is Fall 800+ pips now time to Gold fly again same point where shark hunt small fish.
Downside Watch: Stay cautious for potential drops if it dips below this range! Targets: 2615,2610
Upside Watch: Look for buying signals if it rises above! Targets: 2645,2660
Everyone selling GOLD to buy Bitcoin???Hey guys! New trading week is here, and we're entering market with Bitcoin ATH.
Today I want to talk a bit about gold.
And here are some interesting moments. First time since April we finally can see MA cross on a daily chart, and price of Gold is reacting with a big red candle.
Also, as a confirmation, we can see that the volumes are descending and RSI is heading to low edge.
Seems like after BTC ATH some money are flowing from Gold to Bitcoin. The target by Fibo can be zones 0.5 and 0.618.
What you think, guys, is really people starting to reinvest money from real gold to digital gold? Let's discuss
PS. If you're planning to trade the movement, follow the risk ratio, which I marked.
Analysis: LVMH Misses Third-Quarter Revenue ExpectationsOverview: LVMH, the world's largest luxury-goods company, reported lower-than-expected third-quarter revenue.
The company's organic revenue fell 3% to €19.08 billion, missing analysts' forecasts of €19.94 billion. This decline was primarily driven by weaker demand in China and a broader slowdown in the luxury sector.
Key Factors:
China's Economic Slowdown: China, once a growth engine for the luxury sector, has become a significant challenge. The country's economic malaise, marked by a sluggish real-estate sector and uncertain economic outlook, has led to reduced consumer spending on luxury goods.
Performance by Division: LVMH's core fashion and leather-goods division, which includes high-end brands like Louis Vuitton and Dior, saw a 5% decline in organic revenue. The wines and spirits business, which includes Hennessy cognac and Moet & Chandon champagne, experienced a 7% drop in organic revenue.
Regional Performance: Sales in LVMH's Asian market, dominated by China, fell 16% in the third quarter. In contrast, Japan saw a 20% increase in organic revenue, although this was a slowdown from the previous quarter's 57% growth rate.
Western Markets: In the U.S., LVMH's organic revenue was flat, while Europe saw a 2% increase. Western consumers, especially the less affluent, have been cutting back on luxury purchases due to continued price increases and a weaker economic backdrop.
Outlook: Despite the challenges, some investors remain hopeful that China's economic-stimulus plans could lead to a recovery in the luxury market. However, analysts caution that it is too early to see the effects of these measures. EURONEXT:MC
Recommendation: Hold
Given the current economic uncertainties and the mixed performance across different regions and divisions, it is prudent to hold LVMH shares for now. While there are potential recovery signs in China and Japan, the broader luxury sector's slowdown and ongoing economic challenges suggest a cautious approach.
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Intraday Cable (GBPUSD) will hit the 1.3200 Cable is set in my opinion is going to hit the 32 handle at the very least.
1. The supply at the 34's was a dead giveaway coming out of the NASDAQ and Chicago.
2. As predicted Futures traders exited longs yesterday in Chicago. The brief upthrust tricked the market into longs. My last idea captured this yesterday (Tview hid this because I linked my blog)
3. I am looking for dip bids to buy when we start to support.
Feel free to DM me with questions.
Last 3 weeks of TPO in 1 week blocks for ES CME_MINI:MES1!
I merged the last three weeks to see the Point of Control on the upcoming range, Could rip through the top of this current consolidation to reach for the Value area low and the Breaker Block resting right above and then reverse back to the 4h FVG down below to gather liquidity in a sweep or a raid. Should see an expansion one way or another due to the accumulation period we just finished with on Friday. Cheers CME_MINI:MES1!
DXY make a poor highCAPITALCOM:DXY make a poor high, and have potential to break it. i still don't see any aggressive movement on forex right now. but the break or fail to break will be something interesting to be traded.. let's see. noted we have COMEX:GC1! already broke high of 2 days balance.. that will be something to add with ..
FESX & FDAX go down as ES Gapped down Yesterday i watched CME_MINI:ES1! at 5,608/06 area so many buyers over there, but fail to follow through. ES Gapped down on Asian Session. COMEX:GC1! broke high of 2 days balance, and CAPITALCOM:DXY is melting down. Seems Gold is the hedge for the fear right now.
I am short on EUREX:FESX1! and long COMEX:GC1! for now.
Easy money on Gold Sell setup!!! 200 PipsI just broke down the anlysis on gold for those who don't like to watch video this is a quick recap.
Gold market cycle 2020
--> Gold repeated the same move with curved formation, before a massive drop
--> Gold was at its all-time high at 2020 similar to now
--> Gold has reaccumulation phase in 2020 similar like what is happening with the third leg formation of Elliot wave theory
--> above all the risk to rewards look good to me
Follow me for more breakdown. please comment below if I should do more videos or normal written post or both
Bouhmidi-Bands and Overnight Session - Name of the Game The overnight range was the name of the game today. As mentioned earlier, we were looking for a potential break in either direction. After establishing the initial balance, we saw a test of the overnight session low (5019), which was successfully defended. Subsequently, buyers entered the market, leading to a push higher in $ES. This move broke the high of the overnight session (5036), confirming bullish momentum and surpassing the previous day high (5058) & upper #BouhmidiBand, reaching a peak at 1.3s BB (5074). In the last 1.5 hours, NYSE:ES retraced back within the Bouhmidi-Bands.