<p><strong>By <a href="http://investmacro.com/contributors/contributor-profile-forextime/">ForexTime</a></strong></p> <ul> <li>Fed pivot, geopolitical fears have fuelled oil’s recent rebound</li> <li>Brent’s 50-day SMA now crossing below 200-day counterpart</li>
Blogs
Santa Rally: Why the S&P 500 tends to climb this time of year?
<p><strong>By <a href="http://investmacro.com/contributors/contributor-profile-forextime/">ForexTime</a> </strong></p> <ul> <li>SPX500_m pushing higher today to kick off “Santa Rally” period</li> <li>“Santa Rally” period typically refers to last trading we
Oil rises in price amid rising geopolitical risks in the Middle East. Santa Claus rally supports broad market
<p><strong>By <a href="https://justmarkets.com/?utm_source=investmacro&utm_medium=article&utm_campaign=analytics_market_overview" target="_blank" rel="noopener">JustMarkets</a></strong></p> <p>At yesterday’s stock market close, the Dow Jones Index (US3
Eurostoxx Reacting Higher From The Blue Box Area
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of the Eurostoxx index. We presented to members at the elliottwave-forecast. In which, the rally from the 23 October 2023 low is unfolding as an impulse structure. Showing a higher high sequence favored more upside extension to
Ovintiv Inc (NYSE: OVV) Long Term Bullish Reversal
Ovintiv Inc. (NYSE: OVV) is a leading North American exploration and production company. It is an oil and gas producer that explores, develops, produces, and markets natural gas, oil, and natural gas liquids. In this article, we delve into OVV’s technical structure based on Elliott Wave Theory and highlight its potential for further growth. Si
SPDR Consumer Staples ETF ($XLP) Reacting Higher from Extreme Area.
Hello everyone. In today’s article, we will look at the past performance of the 4H Hour Elliott Wave chart of SPDR Consumer Staples ETF ($XLP). The rally from 10.06.2023 low at $65.16 unfolded as 5 waves. So, we expected the pullback to unfold in 3 swings and find buyers again. We will explain the structure […]
West Pharmaceutical Services WST Bullish Daily Cycle
West Pharmaceutical Services, Inc. (NYSE:WST) is a designer and manufacturer of injectable pharmaceutical packaging and delivery systems. The Elliott Wave structure based on the 2023 daily cycle will be explored in this article. Since the 55% decline from its 2021 peak, WST found a major low in October 2022 before reversing to the upside.
XLI Elliott Wave: Buying The Dips At The Blue Box Area
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of XLI ETF published in members area of the website. As our members know, XLI is showing bullish impulsive sequences in the cycle from the 96.1 low. Our team recommended members to avoid selling , while […]
Costco Wholesale (COST) Continues Upside In Bullish Sequence
Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States, Puerto Rico, Canada, United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China & Taiwan together with its subsidiaries. It offers branded & private-label products in the range of merchandise categories. It also
Ford $F Entered in a Double Three Structure to the Downside
Ford Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and l