in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
US Market Wrap & Outlook! Going LIVE NOW on the HUBB Channel ... Click to join! https://www.youtube.com/watch?v=AU-n5...
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US Market Wrap & Outlook! Going LIVE NOW on the HUBB Channel ... Click to join!
https://www.youtube.com/watch?v=rErAh...
10 - 0
Hello, I’m starting my live US Market Outlook over at the new HUBB YouTube channel very soon!
Click here to join LIVE: youtube.com/live/UbsToP-8wuA
If you watch my EWO channel, you’ll know I use the HUBB software for Elliott Wave and so I’m partnering with them to add US market updates to their new channel.
If you’re looking for more live updates you’re welcome to join!
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Check out my latest US market update (https://youtu.be/FEM5nzixqlI) to see why stocks are looking vulnerable and Elliott Wave patterns are suggesting the S&P will likely go lower.
50 - 0
Unlike more serious sell offs, we haven't yet seen significant volatility despite a significant break down. Check out our latest US Market update (https://youtu.be/Pgyn9o7qrQY) for a quick overview of important levels for key market segments and a review of the metals.
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Markets were closed Monday in observance of Martin Luther King Jr's Birthday. As discussed in the latest update video (https://www.youtube.com/watch?v=3uOmO...) the markets opened Friday below the 50 Day MVA and rallied to close right on the 50 Day. That was no small feat considering interest rates on the 10 year jumped back to the upside following a 4 day pause. I still maintain the belief that the market can handle higher rates until the 10 year hits 2%. When that happens, the market may struggle. At the time of this writing, the futures are flat, giving no indication of whether we head back higher to test resistance at 470 or lower to test support at 450. Should be an interesting week!
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As discussed in the weekend SPY YouTube market update (https://youtu.be/7Qe01yMgsD4), typically the first trading day of the month is a bullish day......at least it starts that way as new money is put to work by investment funds. Interestingly, on Monday, not only did the market close up and at the high of the day, it tested the 10 Day MVA on the low, completing the resolution of the overbought condition created over the Christmas holiday. The question now is whether the market can regain momentum and move higher from the 10 Day MVA. The rest of the week will likely give an insight into the rest of January.
11 - 0
S&P500 is forming a small triangle. Elliott said not to ignore these! If so, basic Elliott Wave rules would suggest an up-side break out, however experience has taught us to be prepared for a break in ether direction. You can learn more in our latest US market update. https://youtu.be/BMYCK_GendM
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The FED has announced that it will begin a program of tapering starting this month. That means a consistent reduction of funds supporting the market. Add this to supply issues, inflation concerns, etc... so what is driving this market higher. Let us know your thoughts and check out our latest update to see our analysis. https://www.youtube.com/watch?v=SNbac...
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