We have been monitoring the SP500 (SPX) to reach approximately 7120 in an Elliott Wave (EW) Principle impulse (five-wave) move upward from the early April lows for a more significant top for many months. Within this uptrend, we have recently been tracking a minor 4th wave correction since early November, which we found to have ended late November: “…Therefore,…
The EURUSD is trading to new session lows and in the process is breaking below 3 technical levels: 100 day moving average at 1.1644 100 hour moving average at 1.1641 The broken 38.2% retracement at 1.16398 The combination of those 3 now set a ceiling level (risk level) for traders looking for more downside. Stay below keeps the sellers…
The Dow Jones Industrial Average (DJIA) made slim gains on Friday, climbing another 150 points and ending a moderately bullish week near the 48,000 handle. US Personal Consumption Expenditures Price Index (PCE) data, despite being from September, helped bolster market confidence that the Federal Reserve (Fed) will be delivering a third straight interest rate cut on December 10. The…
Treasury Secretary Bessent is out with a good review of the China trade detente. He said the had a constructive call with He Lifeng today about the implementation of the agreement between Xi and Trump. He said it is “going well”. This article was written by Adam Button at investinglive.com.
United States CFTC S&P 500 NC Net Positions fell from previous $-145.3K to $-1501K
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
Eurozone CFTC EUR NC Net Positions: €1073K vs €111.8K
Most of the major European indices are closing lower. The exception is the German DAX. The other indices are closing near lows for the day after giving up gains: German DAX rose 156.68 points or 0.66% at 24038.72. At session highs the index was up 249 points. France’s CAC fell -7.3 points or -0.09% and 8114.74. At session highs…
United States CFTC Oil NC Net Positions climbed from previous 39.8K to 656K
2025.12.04 2025.12.04 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 04.12.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price is expected to rise to 98,375.79 in the linking wave (XX) in the near term. Consider long…
