← Go back Sep 09, 2023
S&P 500 made another lower high yesterday ( ), and the sectoral composition with rising utilities , and financials can‘t balance that out. Former three leaders (XLK, XLC and XLY) set the tone, and positioning is on for rising yields, with also failing to catch an intraday bid. Seems much expectations of end of disinflation and return of sticky, slowly rising inflation – . I‘ll keep covering live for you the market moves on Twitter and Telegram – chart commentary and directions follow. Thus far, into a bit hotter CPI, is struggling with follow through, but my timing for sellers‘ return – and it must stick after the open to make sense. Keep enjoying the lively via keeping my tab open at all times (notifications on aren’t enough) – combine with subscribing to my , and of course that (head off to Twitter to talk to me there), but getting the key daily analytics right into your mailbox is the bedrock. So, make sure you‘re signed up for the free newsletter and make use of both Twitter and Telegram – benefit and find out why . Let‘s move right into the charts (all courtesy of ) – today‘s full scale article contains 3 of them. Gold isn‘t yet done declining, and yesterday‘s session doesn‘t give bullish odds, as in the downswing being clearly over. Unless yields start materially retreating, gold can‘t commence the rally to $1,980 in XAUUSD. Silver wouldn‘t be the one more resilient here. upswing has resumed, and won‘t be materially broken in the CPI aftermath – correction respecting the support at most. Thank you for having read today‘s free analysis, which is a small part of my site‘s daily premium covering all the markets you’re used to (stocks, bonds, gold, silver, miners, oil, copper, cryptos), and of the daily premium presenting stocks and bonds only. Both publications feature real-time trade calls and intraday updates. While at my site, you can subscribe to the free for instant publishing notifications and other content useful for making your own trade moves. Turn notifications on, and have my (tweets only) opened in a fresh tab so as not to miss a thing – such as extra intraday opportunities. Thanks for all your support that makes this great ride possible! Thank you, Monica Kingsley Stock Trading Signals Gold Trading Signals Oil Trading Signals Copper Trading Signals Bitcoin Trading Signals
Read more: valuewalk
