In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of QQQ. We presented to members at the elliottwave-forecast. In which, the rally from the 05 August 2024 low unfolded as an impulse structure and showed a higher high sequence. Suggested that ETF should see more upside extension to complete the…
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MARKET REPORT(Unburdened by what has been) The Bazacle Causeway 1976 You were found in clear conditions. But you’re handsome in the Fog. “Voters seem to forget when politicians ‘give’ you money, it is the voters’ money they have already taken.” SUNNY HOSTIN “Would you have done something differently than President Biden during the past four…
CME Group received approval to establish a futures commission merchant (FCM). While the group welcomed this step as a strategic move to adapt to client needs, the approval has drawn concerns from industry leaders over potential regulatory risks. The Financial Industry Association (FIA) warned that the license could heighten systemic risks by concentrating multiple market…
UK Autumn Budget anticipation mounts as markets remain calm, unlike during the ‘Trussonomics’ era. GBP/USD faces a critical juncture at the 1.3000 level, with potential for both upside and downside breaks. GBP/JPY nears the 200.00 handle, a daily close above could trigger a run towards July highs. READ MORE: This article follows my previous GBP…
Bulls are ruling Sponge market SPONGE Price Analysis – 29 October If the resistance level at $0.000136 is broken, Sponge will increase to $0.000196 and $0.000330. If the $0.000136 level holds, and the $0.000087 level permits, the price can fall to the $0.000004 and $0.000006 support levels. SPONGEUSDT Market Key Levels: Resistance levels: $0.000136, $0.000196,…
If people cared about the environment as much as U.S. debt, we might have hit net zero emissions by now. But why think about the planet when it’s easier to predict the collapse of the world’s biggest economy? Every week or so, someone expresses deep concern about rising U.S. debt. Recently, Robert Kiyosaki, then Elon…
Are you a gamer curious about trading, or a trader who loves gaming? Good news: the skills you’ve sharpened in gaming can be directly applied to trading. Gaming skills in trading can be a surprising asset that gives you a strategic edge. Just like in video games, the fast-paced world of trading demands rapid decision-making,…
The U.S. presidential election is one week away. As traders, we are locked in on this key event. It’s topical, going to set broad trends for the next few years, and impacts every single one of us. But here’s the thing. It is also a time when traders make the biggest mistake. Don’t worry, there…
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