6 months ago
1
ARTICLE AD BOX
-
The pattern is composed of four price swings (legs) and five pivot points labeled X, A, B, C, and D. It can appear in two forms: Bullish (looks like an "M") and Bearish (looks like a "W"). XA Leg: The initial impulse move that sets the range. AB Leg: A sharp retracement of the XA leg. Crucial Rule: Point B must be exactly at the 78.6% retracement of XA. BC Leg: A move in the same direction as the original trend. It should retrace between 38.2% and 88.6% of AB. CD Leg: The final move and the "secret sauce" of the Butterfly. Unlike other patterns, the CD leg must exceed Point X, typically reaching 127.2% to 161.8% ... (full story)
From am.jpmorgan.com|2 hr 30 min ago
On Friday, the Supreme Court released a long-awaited decision, ruling that the President?s imposition of tariffs, using the 1977 International Emergency Economic Powers Act, ...
From msn.com|3 hr ago|1 comment
The European Union froze ratification of its US trade deal until President Donald Trump solidifies his upended tariff plans, injecting economic turbulence into an already strained ...
From @FirstSquawk|3 hr ago|1 comment
ECB?S LAGARDE: INFLATION AND MONETARY POLICY ARE IN A GOOD PLACE. ECB's Lagarde: Inflation, ECB Policy Are In A Good Place - ECB To Decide Meeting-By-Meeting, Must Be ?Agile? ECB'S LAGARDE: COMPLETING MY TERM IS MY BASELINE. ...
From @MarketNews_Feed|1 hr 41 min ago
RBA'S PLUMB: WE WILL CONTINUE TO FOCUS ON QUARTERLY CONSUMER PRICE INDEX DATA FOR FORECASTING WE REMAIN FOCUSED ON QUARTERLY TRIMMED MEAN AND ANY CHANGE SOME WAY OFF. MUCH OF THE INFLATION PICK-UP IS SECTOR-SPECIFIC. ...
From @realDonaldTrump|1 hr 8 min ago|3 comments
Numerous stories from the Fake News Media have been circulating stating that General Daniel Caine, sometimes referred to as Razin, is against us going to War with Iran. The story does not attribute this vast wealth of knowledge to anyone, and is 100% incorrect. General Caine, like all of us, would like not to see War but, if a decision is made on going against Iran at a Military level, it is his opinion that it will be something easily won. He knows Iran well in that he was in charge of Midnight Hammer, the attack on the Iranian Nuclear Development. It is a Development no longer, but rather, was blown to smithereens by our Great B-2 Bombers. Razin Caine is a Great Fighter, and represents the Most Powerful Military anywhere in the World. He has not spoken of not doing Iran, or even the fake limited strikes that I have been reading about, he only knows one thing, how to WIN and, if he is told to do so, he will be leading the pack. Everything that has been written about a potential War with Iran has been written incorrectly, and purposefully so. I am the one that makes the decision, I would rather have a Deal than not but, if we don?t make a Deal, it will be a very bad day for that Country and, very sadly, its people, because they are great and wonderful, and something like this should never have happened to them. PRESIDENT DONALD J. TRUMP
From fpmarkets.com|58 min ago
When the RBA last met at the start of this month, the Board unanimously voted to increase the cash rate by 25 bps to 3.85% from 3.60%, though it did so cautiously. For me, the ...
English (US) ·