Traders and analysts chart the movements of stock prices over time to pinpoint the support levels and resistance levels that indicate optimal times to buy and sell. Support and resistance are two ...
Correctly predicting stock price movements may help some traders outperform the market. Knowing which factors influence stock price movements makes it easier to forecast price changes and potentially ...
Understanding the concepts of support and resistance is crucial for analyzing forex market behavior and making informed trading decisions. These two fundamental terms refer to specific price levels on ...
The first week of trading in 2023 performed the same as we have experienced since mid-December (barring Friday). In other words, from Monday through Thursday, the S&P 500 Index (SPX – 3,895.08) found ...
$SPX is at Monday close last week, so more certain some of last week's decline attributed to delta-hedge selling. Short-term resistance in 5,100-5,150 area & support ...
Gold and silver retreat from resistance and consolidate as hawkish Fed signals and the U.S. government’s reopening reduce ...
After a hesitant daily close, XRP traded within a very tight range as Bitcoin weakness dictated the market's overall movement. XRP maintained relative strength ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. The S&P 500 plunged on Friday and has lost ground in five of the past six weeks amid ...
Solana trading sentiment turns cautious as RSI, MACD and major support zones signal a decisive market phase while analysts ...