Author Archive

11 hours to go, rate hike probability swings to ‘Yes’

With 11 hours to go, CME FedWatch Tool indicates a rise in the probability of a rate hike compared to over 40 hours to go. Is this kind of data meaningful to traders?

0% chance of rate hike in 3 days according to CME tool

CME FedWatch Tool on 18 Sep 2017 places the odds of a rate hike at zero at FOMC meeting in 3 days. Links here for traders who wants to access this tool.

Keep an eye on these multiple signals from SATS S58

SATS prints bearish elements with a head and shoulders reversal pattern, staying in the red after nearly 3 quarters and printing a new low for the year in August.

Assorted charts including WTI, XAUUSD

Look at WTI, XAUUSD support and resistance levels, trends. Week 37 2017 latest charts, setups and price action. Also GBPNZD, EURUSD, USDJPY.

XAUUSD, AUDJPY, N225 and EWY reaction to Kim’s test

4 charts describing markets' reaction to Kim's hydrogen bomb test. Gold appreciates. AUDJPY and N225 falls. EWY has elements of a reversal trade.

Straits Times Index constituents August 2017 performance

Straits Times Index down 1.57% in August, losing half of July gains. 9 stocks advance 19 decline. Gain leader Capitaland. Top loser Sembcorp Industries.

Why is this US stock index so strong?

Stock indices are looking stoppable. Why? Is it fundamentals? Technicals? There is a third explanation that however improbable, might just be the truth.