by David Kindley | May 21, 2025 | Tecchnical Analysis
The Dow(US30) continues choppy upturn The Dow(US30) shrugged off the latest credit downgrade to end another positive session. A move above the recent high of 42500 has put bears under pressure, and with layers of support underneath, this is likely to be a continuation...
by David Kindley | May 20, 2025 | Tecchnical Analysis
US indices continued to push higher as investors looked past Moody’s downgrade of the United States’ credit rating. With Treasury Yields falling from their peaks, will the indices get back on track to make a full recovery? Timestamps DOW 00:30 SPX500 01:50 Test your...
by David Kindley | May 20, 2025 | Tecchnical Analysis
USOIL (WTI OIL) feeling the pressure USOIL (WTI OIL) fell over 1% again as geopolitical tensions continued to simmer. The price has given up some of its monthly gains, and the bearish bias could attract more selling interest. A drop below the psychological level of...
by David Kindley | May 19, 2025 | Tecchnical Analysis
SPX500 (S&P) jumps higher The SPX500 (S&P) climbed for a fourth straight session as the US and China tariff agreement rumbles on. With Treasury yields also falling, this provided a boost to stocks. The jump above 5700 indicates that sellers are bailing out,...
by David Kindley | May 16, 2025 | Tecchnical Analysis
The Nasdaq 100 (NAS 100) continues the recovery Indices remain buoyant as we head into another week of potential growth. The Nasdaq 100 (NAS 100) remains in bullish mode after almost making a 100% recovery from the sell-off that happened in March. Tech giants have...