Elliott Wave View Calling for S&P 500 (SPX) to Extend Higher

China Caixin Manufacturing posts slight growth The Australian dollar is in positive territory on Tuesday. In the European session, AUD/USD is trading at 0.6826, up 0.22%. The week between Christmas and New Year’s was subdued in the currency markets. Still, the Australian dollar hit a six-month high on Christmas Day, rising to 0.6871. The Aussie […]

Key Highlights Crude oil prices gained pace for a move above the $80.00 resistance zone. A key expanding triangle is forming with resistance at $82.50 on the 4-hour chart. Bitcoin is attempting a recovery wave from the $58,500 zone. Gold prices are grinding lower from the $2,365 resistance. Crude Oil Price Technical Analysis In the […]

Markets Markets were on an emotional rollercoaster yesterday. The first Ukrainian use of US-made long range ATACMS missiles pushed Russian President Putin into signing off a revised nuclear doctrine. It now includes a possibility of a nuclear response to aggression by non-nuclear states that are supported by other nuclear powers. European stocks lost around 1.5% […]