In today’s FX Hour, we discussed intermarket correlations and looked at the recent moves in gold and copper. We reviewed AAPL after earnings to determine where post earnings price actions could move. We also continued watching for combinations of Fibonacci Fans and Retracement levels to determine new targets in multiple currencies and commodities.
Market Profile Value Areas and POC figures for /ESM7 and /NQM7 Futures are posted free every morning HERE. Click on any posts in the list on the left pane to see them in the main window. Don’t click on the ST logo as it will just refresh the page and you’ll get only the topmost […]
Apple (AAPL) earnings are released after the bell today and the FOMC will make its announcement at 2:00 pm Wednesday. Both of these events are enough to cause the market to adjust its value depending on the content of the announcements. Until then though, we aren’t seeing any reason why the broad market would commit […]
(Xcel Energy – CMS Energy) We have had the pair in the pending trades for a long set-up of about a negative ($0.80) spread value. Now with Monday’s price action, and with “CMS” going ex-dividend on 5/03, I am expecting a short entry of the zero spread value. If we were to take the trade […]