← Go back Sep 09, 2023
Core PCE left stocks very complacent, and the breakout above 4,529 – 4,535 zone was rejected. That was the , Sellers though need to decisively break 4,515. Non-farm payrolls in line or slightly below expectations as dialing back is all what‘s required for stocks led by tech to decline as 10y yield attempts to move back above 4.20% perhaps to 4.25%. are already sniffing out a not too strong NFPs figure ahead. I‘ll give you now the usual set of individual markets commentary, and move to Twitter for much live coverage and market moves ahead. 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. are still in the upswing mode, and not only didn‘t have smooth sailing yesterday indeed, but may very well wobble today for a while as well. The upleg isn‘t though in a jeopardy, and not even more miners‘ weakness indicates that it‘s time to jump ship. It isn‘t, and $1,980 awaits maybe not only in Dec contract, but can be approached in XAUUSD too. is well supported on the supply side as well, and it‘s very enouraging that together wit copper both are ignoring the necessity of China‘s moves to support its economic growth. Thank you for having read today‘s free analysis, which is a small part of 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 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,
Read more: valuewalk
