Volatility and swings continue as the theme for these markets with the SPX up 3.2% on Monday and down 1.0% Tuesday. The SPX remains below the key weekly 61.8% Fib and this will be in focus until the end of the week. The US$ remains below 100 and this has kept Monday’s breakout trades supported […]

Last week: I’d mentioned last week my surprise with the paradoxical moves across stock markets and this theme continues. Hence the heading for this week’s article Mind the Gap: that being the gap between what is happening on Wall St versus what is happening on Main Street. I’m on the lookout for any new alignment […]

The US$ index closed with a bullish weekly candle and above the psychological 100 level but there’s not a whole lot to be excited about here given the low level of momentum. This conflicting technical picture of the US$ index was reflected in last night’s batch of US data which revealed dismal Retail Sales but […]

I’d mentioned yesterday to watch Gold for any new trade opportunity and that has delivered nicely. So, what is on today’s trade idea menu?

Trading at the moment is more like a Treasure Hunt. There are opportunities around but they have to be scoured for and sought out carefully! One such example might present today with Gold and, also, with the ASX-200 and AUD currency pairs ahead of today’s Australian Employment data update amidst Covid-19.