We've all heard about the big ass ship stuck in Egypt's Suez Canal last week. On Tuesday morning (3/23) the 'Ever-Given' vessel, leased by Taiwanese Company EVERGREEN; was caught up in a 'Darude-like' sandstorm causing over 10 billion in damages so far and unforetold shipping delays. The Suez accounts for 30% of imports coming into Europe from Asia. There are...
Production cuts in WTI driving the price up above 43.55. Lookout for a reversal back below 42.50-41.50
News on hurricanes being downgraded provided a boost to WTI. Strong resistance @43.50 O P P O R T U N I T Y
Consumer confidence and new home sales reports today @10am. Be on the lookout for a break out of 1930-zone; negative figures could drive the dollar lower, Gold UP. Above 1930 @10am :rocket: Below 1920 @10am :inverted_rocket:
Massive 2.5% drop here, with an instant correction. Look to short WTI into Friday expiration this week
Currently shorting into buy zone below support, Longterm bull-trend, buying dip into Friday expiration. :bull:
Has been a strong move to the upside for weeks; S&P finally crossed over 3k and should hold here for a while. ((btw: anyone know why this little volume???)) Possible Sell-off in the weekend after-market Don't see "the drop" coming final week of May Staying bullish buying dips, until a retest of support and (possible) reversal in June.
Low risk long after bounce off support around 10:00am Expecting resistance lvl to be tested around mid-day to afternoon for profit-take (or loss) on long Entering a low-risk short position at the resistance until eod for a close in the red Best of luck! **These are only thoughts/opinions of a Novice. Take trades at your risk**
Expecting the Fed to announce some possible fuckery here this morning around 9:00am. Taking shorts on US30USD if the price touches daily resistance, should be seeing a DROP into S1 by close and S2 into Thursday. Happy hunting:bear:
UPTREND as expected, or some slippage here on Tuesday? EITHER WAY: looking like a neutral day staying within daily High-Lows. Don't think the drop is imminent just yet..
Noticing some overnight pumps, expecting the Unemployment numbers and payroll to drive the US30USD down. Possible Head and shoulders pattern into Monday. Keeping on eye on resistance and support crossovers in correlation with MACD crossovers for confirmation of downtrend. If no cross below support; forget everything and it's bullish forever.