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Jul 30 2015A stronger U.S. Dollar helped pressure the Euro and gold markets on Thursday. The move is in reaction to yesterday’s Fed statement that is being interpreted as hawkish by many traders. On Wednesday, the Fed left its benchmark interest rate at near zero, but offered many clues to investors that it is close to seeing […]
Jul 30 2015September E-mini Dow Jones Industrial Average futures are called steady-to-slightly lower shortly ahead of the cash market opening. The market is currently testing a retracement zone which could determine the direction of the market the rest of the session and perhaps over the near-term. The main trend is down according to the daily swing chart. […]
Jul 30 2015September E-mini NASDAQ-100 Index futures are trading slightly better shortly ahead of the cash market opening. The market is getting a little boost from yesterday’s Fed statement as well as the upside momentum created by Tuesday’s closing price reversal bottom. The main trend is up according to the daily swing chart. The main range is […]