Happy New year to all visitors ! Fatcashcow was out for 2weeks while preparing for cny.
At this point of writing, Dow Jones went down above -100 pts. We start to see VIX and gold pointing and moving higher which usually presents fear in the market for the short run.
Here are some of the updates which may be useful for your reference !
Do check out the earnings calendar in the next post !
Oil trade in a box range of 53-51. Now it is attempting to break 53. Lets watch if it trade above this range.
Gold complete a bullish divergence and now Force index is heading down. We might see Gold losing steam this week.
STI was good last week as we closed higher.
Any recovery above 0.880 will complete a bullish divergence. However, its best to wait for a close.
Lets compare the Global Indicies:
When are the next rate hikes and the meetings ?
Anticipate 3 Hikes in 2017:
Don’t forget Donald Trump will head his office on 20th Jan as well.
More updates to come as we look into the Oil and Gold futures in the next post.