Forecasts & Analysis
Did The Global Markets Rollover In April/May 2021? What Next? Part I
This research article is designed to answer a few questions related to the current market contraction and the news related to the potential US Fed tightening of monetary policy
Crude Oil Price Update – Trader Reaction to $69.72 Minor Pivot Will Determine Near-Term Direction
The direction of the December WTI crude oil market into the close on Friday will be determined by trader reaction to $71.21.
E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Testing Major Support at 34481 – 34257
The direction of the December E-mini Dow into the close on Friday is likely to be determined by trader reaction to the main 50% level at 34481.
E-mini S&P 500 Index (ES) Futures Technical Analysis – Major Fibonacci Support at 4416.00 Needs to Hold
The direction of the December E-mini S&P 500 Index into the close on Friday will be determined by trader reaction to the Fibonacci level at 4416.00.
S&P 500 Weekly Price Forecast – S&P 500 Pulled Back Towards the Uptrend Line
The S&P 500 initially rally during the week but fell again to reach towards the 4430 level. That being said, you should keep in mind that there is a significant uptrend line just below.
Crude Oil Weekly Price Forecast – Crude Oil Markets Continue Bullish Pressure
The crude oil markets rallied a bit during the course of the trading week, as we continue to see a lot of momentum to the upside. Furthermore, the OPEC suggestion that demand is going to continue to climb has helped.
S&P 500 Price Forecast – S&P 500 Drifts Towards 50 Day EMA Yet Again
Quad witching was the main problem during the trading session on Friday, reaching down towards the 50 day EMA. That being said, we still have plenty of support underneath.
Crude Oil Price Forecast – Crude Oil Continues to Show Buyers on Dips
The crude oil markets have dipped a bit during the course of the trading session on Friday but found buyers to turn things around and send the market back up again.
Silver Weekly Price Forecast – Silver Falls Significantly for the Week
Silver markets have fallen again during the course of the week, as we are reaching towards a major support level based upon the last couple of years.
Natural Gas Weekly Price Forecast – Natural Gas Forms Massive Exhaustion Candle
The natural gas markets have rallied during the course of the week, to reach an all-time high yet again. However, we have turned around to show signs of exhaustion.
