Nasdaq Futures (NQ) Favoring Upside Due to 5 Swing Elliott Wave Sequence

Market picture The crypto market gained 1.7% in the last 24 hours to reach $2.14 trillion, continuing to test August’s resistance. Bitcoin rose 2.6%, while Ethereum gained 1.2%. The battle for a 10th position in the CoinMarketCap has intensified: Tron’s 5.5% drop to a cap of $13.09 billion contrasted with Cardano’s 2.5% rise to $13.17 […]

Market picture The cryptocurrency market decided to storm the local highs set almost two months ago. However, the growth has not yet developed, and some players rushed to fix profits quickly despite the positive sentiment in the US stock markets. Bitcoin is trading near $71K, where it was a day ago, but Ethereum (+1%) has […]

Key insights from the week that was. In Australia, market participants were left with little to dissect this week. The latest NAB business survey pointed to the domestic economy remaining weak in late February, the detail of the survey broadly consistent with last week’s Q4 2023 National Accounts. Although business conditions rose to +10 in […]