A pair of ‘doji’ formations has surfaced on the S&P 500’s candlestick charts, indicating the potential for a significant market move, although the direction remains uncertain. Despite a notable surge, signs of bearish sentiment are emerging in a key U.S. index. The S&P 500 is poised within 2% of its...
Hi, Traders! As we delve into the heart of December 18th, our spotlight is on a revolutionary tool in the trading arena – the Atlas Line software. Crafted to deliver precise signals, this exceptional tool serves as your guide, indicating whether to take the long or short route. Before we...
On Monday, U.S. stock futures flirted with reaching their peak for the year, buoyed by benchmark borrowing costs lingering near their summer lows. Here’s a snapshot of how stock-index futures are performing: In the previous session, the Dow Jones Industrial Average rose by 57 points, or 0.15%, to 37305, the...
U.S. stock markets capped off their seventh consecutive week of gains as they closed mostly higher on Friday, following the Federal Reserve’s policy meeting. According to Dow Jones Market Data, the S&P 500 achieved its lengthiest weekly winning streak since November 2017. Breaking down the performance of key indices on...
As the year approaches its conclusion, financial professionals can enumerate a range of reasons for the continued ascent of the U.S. stock market. Nevertheless, a faction of Wall Street strategists contends that attributing the market gains solely to the possibility of a “soft landing” for the U.S. economy or potential...
Greetings, traders! Welcome back to our journey in the world of finance. Today, I’m excited to lead you through the dynamic realm of market intricacies, showcasing the prowess of both the ABC method and our Trade Scalper software. But before we plunge into the details, it’s crucial to emphasize the...
