S&P500 Nearby Futures Weekly H-L-C We have just moved through a critical timing point and are on the precipice of two big data numbers. Thursday morning, we get Real GDP with most estimates coming in at +2.0%. Anything above 2% is likely to be bearish for both stocks and bonds as it will take the … Read more
TECHNICAL ANALYSIS (by Intraday Dynamics) Major Indices Week of January 19, 2024 Stocks surged sharply late in the week, carrying the Dow, the S&P 500, the SPY (SPDR), the FANG and the Nasdaq 100 to new record highs. Two distinct scenarios are emerging with the new highs. The first is that this poke to record … Read more
TECHNICAL ANALYSIS from Intraday Dynamics Spot Soybeans Monthly Continuation Soybeans have started the year with a sharp selloff that has carried spot prices to the lowest level since November of 2021. For this analysis, we will be primarily focused on the May24 soybeans, SK4. The monthly chart is drifting into oversold conditions. The same can … Read more
TECHNICAL ANALYSIS (by Intraday Dynamics) Major Indices Week of January 12, 2024 Stocks continued the ‘running correction’ action that marks 2024 thus far with tech stocks leading the charge for the week. So far, the activity this year can be construed as bullish action that marks the end of the first impulse wave of this … Read more
TECHNICAL ANALYSIS (by Intraday Dynamics) Major Indices Week of January 5, 2024 Stocks started the week lower for most major indices and saw selling throughout the week, to start off 2024 the opposite of how it closed out last year. The action tempered some of the extreme greed on sentiment and left short-term charts oversold … Read more
TECHNICAL ANALYSIS (by Intraday Dynamics) Happy New Year from Vica Partners and Intraday Dynamics! Major Indices Week of December 29, 2023 Stocks ended a quiet, holiday week with most indices settling higher for the ninth consecutive week. Stocks are in rarefied air as they closed out 2023 with the best continued streak since 2019. The … Read more
TECHNICAL ANALYSIS SPECIAL REPORT PHLX-XAU Gold/Silver Index HUI Gold Bugs Index Gold futures set an all-time record high on 4 December 2023 at 2130.20 basis spot and then collapsed sharply before regaining the ‘uptrend’ heading into Christmas Week with a rally that carried spot to the second highest weekly close. The weekly is overbought and … Read more
TECHNICAL ANALYSIS (by Intraday Dynamics) Merry Christmas from Vica Partners and Intraday Dynamics! Major Indices Week of December 22, 2023 The “Magnificent Seven” 2023 Market Surges for Eighth Consecutive Week, Setting Records Despite Midweek Volatility Stocks continued higher with most of the major indices settling higher for the eight straight week. The Dow set an … Read more
TECHNICAL ANALYSIS (by Intraday Dynamics) SPECIAL REPORT 12-20-2023 Critical Timing Update E-Mini Dow Futures MAR24 (YMH) E-Mini Dow Futures Hourly H-L-C Stocks traded a wide outside day down in this week’s critical cycle timing as The Grinch finally made an appearance during all the Holiday Cheer of nine straight up days. We are looking at … Read more
TECHNICAL ANALYSIS (by Intraday Dynamics) Tracking the Ten Year Note The 10-year Notes moved sharply higher last week on Fed news, driving the spot contract (DEC23) into pivotal short-term resistance. The weekly is working off deeply oversold conditions and the daily stochastics are hooking higher at a high level…flashing a preliminary bearish divergence if prices … Read more