Dow Jones, S&P 500, Retail Trader Positioning, Technical Analysis – IGCS Equities UpdateDow Jones, S&P 500 have been weakening of lateRetail traders still mostly short, but upside bets riseThis could leave Wall Street further…
WTI, Brent Crude Oil AnalysisFitch downgrade spooks risk assets with oil proving vulnerable tooWTI oil heads lower after respecting significant zone of resistanceBrent crude oil eyes $82 as first real test of bearish momentumThe analysis…
As we noted in our Fundamental Analysis today, data on GDP, the labor market, and inflation are the determining factors for the Fed when planning monetary policy parameters. If the official employment data due on Friday (at…
EUR/USD & USD/JPY FORECAST:EUR/USD and USD/JPY will be very sensitive to the upcoming U.S. nonfarm payrolls reportMarket expectations suggest the U.S. economy created 200,000 jobs in JulyA strong headline print is likely to boost the…
The shooting star price action pattern is a bearish signal that signifies a higher probability of the market moving lower than higher and is used primarily in down trending markets. In essence, it is the opposite of the hammer…