USOil is up over 1% today as uncertainties rise in the markets and demand grows in the energy sector. There is an increase in oil consumption which has caused less oil production cuts in anticipation of this added demand. It looks like the commodity could try to test the mid $70s range if it can hold above resistance at $72. Oil has hovered near the bottom around $67 and broke through a sideways channel on the 1D timeframe. We will likely see today whether or not this trend has been broken.
- Frank
Data from the EdgeFinder
💻 Start Your 30 Day Trial!
👉 GET THE EDGEFINDER (10% Off Code: TGVIP)
- Frank
Data from the EdgeFinder
💻 Start Your 30 Day Trial!
👉 GET THE EDGEFINDER (10% Off Code: TGVIP)
🔥10❤3
Tech stocks came back from the pre market highs and are moving towards break even. With NVDA up over 2%, the tech index may have a chance, but everything is falling this morning so the NASDAQ may be stuck making swings both ways today. The indices do look to be in a prime spot for recovery back to the highs, and that strategy has worked all of 2024. It might not be a bad idea to look for a bounce here.
- Frank
Data from the EdgeFinder
💻 Start Your 30 Day Trial!
👉 GET THE EDGEFINDER (10% Off Code: TGVIP)
- Frank
Data from the EdgeFinder
💻 Start Your 30 Day Trial!
👉 GET THE EDGEFINDER (10% Off Code: TGVIP)
❤9👍3🤔2
Retail sentiment is showing an increase in bulls from the options market. The put/call ratio is almost near extreme greed area. This means that the market could be about to pull back.
- Frank
Data from the EdgeFinder
💻 Start Your 30 Day Trial!
👉 GET THE EDGEFINDER (10% Off Code: TGVIP)
- Frank
Data from the EdgeFinder
💻 Start Your 30 Day Trial!
👉 GET THE EDGEFINDER (10% Off Code: TGVIP)
🔥6❤2👍2
Smart money is not buying indices, but they are buying dollar, T-bills and oil. They are likely buying DXY and treasuries because rates are likely to stay around this level for the year and they can lock in some yield.
-Frank
Data from the EdgeFinder
💻 Start Your 30 Day Trial!
👉 GET THE EDGEFINDER (10% Off Code: TGVIP)
-Frank
Data from the EdgeFinder
💻 Start Your 30 Day Trial!
👉 GET THE EDGEFINDER (10% Off Code: TGVIP)
❤9👍5👏1
ISM Manufacturing data comes out tomorrow and is expected to come in 0.1 units lower than last month. Manufacturing data is not as important as Services PMI which is going to be released next Tuesday. A relatively similar Manufacturing PMI is probably not going to affect the markets at all.
-Frank
Data from the EdgeFinder
💻 Start Your 30 Day Trial!
👉 GET THE EDGEFINDER (10% Off Code: TGVIP)
-Frank
Data from the EdgeFinder
💻 Start Your 30 Day Trial!
👉 GET THE EDGEFINDER (10% Off Code: TGVIP)
👍13❤1
Get alerted whenever we take a position 🤫
https://a1trading.com/vip/
Use code TGVIP for a New Years discount :)
Have questions? Chat us now: https://tawk.to/chat/62e5d26254f06e12d88c1ec2/1g98rrk80
https://a1trading.com/vip/
Use code TGVIP for a New Years discount :)
Have questions? Chat us now: https://tawk.to/chat/62e5d26254f06e12d88c1ec2/1g98rrk80
A1 Trading
A1 Trading Community: Trade Signals for Gold, Forex, Indices, & Stocks!
Join the A1 Trading community to receive trading signals from professional traders for gold, forex, indices, and stocks, along with real-time alerts and comprehensive analysis. Enhance your trading skills with access to interactive chatrooms, live webinars…
❤5👍2
"Since using the A1 EdgeFinder, I've seen my trading results improve exponentially! Now I'm seeing a 70-80% win rate and WINNING STREAKS! Which has done wonders for my overall psychology. Now losing a trade here and there doesn't matter knowing that I just won 4 or 5 in a row before that. It's come to a point that I don't place a single trade without looking at the EdgeFinder first."
Find your Trading Edge with the EdgeFinder!
⏳Use code TGVIP for 10% off
Get the EdgeFinder
Find your Trading Edge with the EdgeFinder!
⏳Use code TGVIP for 10% off
Get the EdgeFinder
🔥13👍7❤6
🏆 2024 TRADING RESULTS!
Get access to our trades shared exclusively in our VIP group! If you want to receive our precise entries, exits, and in-depth analysis for every trade, now’s the time to join!
✨ Don’t miss out—Get 10% OFF VIP Signals now!
Use code TGVIP to claim your discount here: Join Us Now
🤫 Have questions? We're here to help!
Feel free to reach out to us: Message Us
Get access to our trades shared exclusively in our VIP group! If you want to receive our precise entries, exits, and in-depth analysis for every trade, now’s the time to join!
✨ Don’t miss out—Get 10% OFF VIP Signals now!
Use code TGVIP to claim your discount here: Join Us Now
🤫 Have questions? We're here to help!
Feel free to reach out to us: Message Us
🔥21👍8🫡3
DXY (Dollar Index) Daily Chart:
Solid uptrend, with a bit of a pullback potentially starting to form. I like the idea of looking for longs should we see further weakness.
Price remains in a very strong uptrend, following upbeat US economic data recently. Additionally, the fed seems to be in no rush to cut rates, compared to G7 peers - who may need to begin cutting rates more aggressively. This, on a relative basis, continues to support a stronger US dollar.
- Nick
Solid uptrend, with a bit of a pullback potentially starting to form. I like the idea of looking for longs should we see further weakness.
Price remains in a very strong uptrend, following upbeat US economic data recently. Additionally, the fed seems to be in no rush to cut rates, compared to G7 peers - who may need to begin cutting rates more aggressively. This, on a relative basis, continues to support a stronger US dollar.
- Nick
👌22❤12👍10
NASDAQ Daily Chart:
Is the bull set to continue? Tech stocks continue to look strong, especially following today's weakness in the dollar due to Trump's less intense stance on Tariffs towards critical imports and allies.
Technicals wise? We look great. The recent retracement is now showing signs of potentially breaking out higher. I remain bullish and long unless we break key support (as shown in the attached image)
- Nick
Is the bull set to continue? Tech stocks continue to look strong, especially following today's weakness in the dollar due to Trump's less intense stance on Tariffs towards critical imports and allies.
Technicals wise? We look great. The recent retracement is now showing signs of potentially breaking out higher. I remain bullish and long unless we break key support (as shown in the attached image)
- Nick
❤19🔥4👍3
If you'd like to see trades we're taking LIVE, consider joining our VIP room.
We share:
- Entry and exit levels
- Full analysis with every trade
- Coaching calls for members each week
Start taking your trading seriously in 2025. Come join the pros!
Currently 10% OFF with code TGVIP here:
https://a1trading.com/vip/
Have questions? Want to see examples?
Chat with us now: https://tawk.to/chat/62e5d26254f06e12d88c1ec2/1g98rrk80
We share:
- Entry and exit levels
- Full analysis with every trade
- Coaching calls for members each week
Start taking your trading seriously in 2025. Come join the pros!
Currently 10% OFF with code TGVIP here:
https://a1trading.com/vip/
Have questions? Want to see examples?
Chat with us now: https://tawk.to/chat/62e5d26254f06e12d88c1ec2/1g98rrk80
👍13
Gold remains a neutral score on the EdgeFinder and has had little directional movement for about a month. However, the metal is still pushing off a key level of support on the 1D timeframe. What investors would want to see this week is a lower trend in jobs data. If wage growth falls while inflation has been on the rise, it could be a good sign for gold bulls. But if stagflation concerns do not come back in to play, the metal could come back down to test lower around $2,600.
-Frank
Data from the EdgeFinder
💻 Start Your 30 Day Trial!
👉 GET THE EDGEFINDER (10% Off Code: TGVIP)
-Frank
Data from the EdgeFinder
💻 Start Your 30 Day Trial!
👉 GET THE EDGEFINDER (10% Off Code: TGVIP)
❤15👍5🏆2