Candy Matheson | TalkMarkets | Page 5
Blogger & Retired Russell 2000 E-mini Futures Day Trader
Blogger and retired Russell 2000 E-mini Futures Day Trader. I was first introduced into the world of trading when I took an options course in Porlock, England in 1997...it involved buying options on the FTSE 100 Index. The instructor was a Scottish fellow named Jock. He was very amusing and ...more

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US Dollar At Major Inflection Point
The US Dollar (DX) is hovering precariously just above a major inflection point at 90.00, as shown on the following monthly chart.
U.S. Financials Rally Seems Parabolic
The rise of the Financials ETF (XLF) from March 2020 seems rather parabolic when compared with prior rallies over the past two decades, as shown on the following monthly chart.
2020 Market Wrap-Up And 2021 Market Forecast: A Dimmer Sun?
The S&P 500 Index (SPX) gained a total of 1,568.34 points from the low to the high of 2020, and the Balance of Power (BOP) is still firmly in the hands of Buyers. 
What's In Store For Bitcoin In 2021?
It seems Bitcoin (BTC/USD) is fond of parabolic spikes... spike no.2 is well underway from the March low, as price is approaching the first external Fibonacci level (1.382%) at 26259.60.
'Trumpenomics' Shatters Glass Ceiling: Dow 30 Hits 30,000
The Balance of Power lies with buyers... in fact, it also hit a record high today. 
S&P 500 Index At A Major Inflection Point
The S&P 500 Index (SPX) has breached, once again, the outermost deviation band of the Regression Channel (+5 standard deviation), which has its beginnings at the March 2009 low, as shown on the following monthly chart.
"Zoom" In..."Zoom" Out
Good news for a possible COVID-19 vaccine announced today by Pfizer. Bad news for Zoom.
Buyers In Control Of The MSCI World Market Index
I last wrote about the MSCI World Market Index in December of 2019. Since then, it has surpassed its resistance level of 2340 and is sitting at 2470.05.
The 2020 China/USA Hedge & The US Presidential Election
Both the SSEC and the SPX are at levels just below their respective near-term major resistance levels (3400 for the SSEC and 3500 for the SPX). The US Presidential election is fast-approaching (November 3).
U.S. Markets In One Word: Indecision
3350 is a key support/resistance level to monitor. Chaos and higher volatility lie below that price within the jaws of the "alligator."
SPX Pivot Point Values For August 2020
The pivot point support/resistant values/targets for the S&P 500 Index for the entire month of August are based on the high/low/close of the July monthly candle, as shown on the following pivot point calculator.
SPX - Alligator's Jaw Shuts, Higher Prices Ahead?
Tte balance of power is still with the sellers, albeit somewhat tepidly, so, unless we see this flip to the buyers on this time frame, we may be in for a bit more weakness before we see sustained buying resume. Near-term support sits around 3070.
Alligator Crossing On The S&P 500 E-Mini Futures Index
Price on the following SPX:VIX ratio chart has slipped below 100, once again.
Twitter Knocked Off Its #1 App Perch
The Twitter app has been knocked off its Number One perch as free speech social media platform Parler has risen to the top to take its place. Twitter is still below its IPO opening price of 45.10, in fact 30% below.
SPX Targets
The SPX closed on Friday just above the upper-most moving average of the Alligator.
SPX: In The Jaws Of The Alligator
As of today's close, the S&P 500 Index (SPX) is currently in the 'jaws of the alligator'.
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