In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day that ended, Monday, May 6.

I have used monthly charts to determine support and resistance levels. This timeframe is often the best indicator for either the end of a The 23-month moving average and the 80-month moving average are my go-to’s.

Short Term Elliott Wave View on Nvidia (NVDA​​​​​​​) suggests the stock ended correction on 4.20.2024 at 756.06. From there, the stock starts a new impulsive rally.

Markets have been melting higher ever since last Friday’s Non-Farm Payrolls…Anytime I see a “Big Move” like this, there are (2) two trades I look for the following day – are you ready?

Markets start the week in the green. It’s the third-straight up-day for both the S&P 500 and the Nasdaq, fourth straight for the blue-chip Dow. We’re just about back to break even over the past month.

Overall, Bitcoin is still in an uptrend. But it is a period of correction in the fourth wave, which appears to be complete. Therefore, it is an opportunity for us to join the trend once again. Look for opportunities to open long positions.

The USD/JPY pair trades on a stronger note around 154.10 on Tuesday during the early Asian trading hours. The recovery of the pair is supported by the modest rebound of US Dollar (USD) to 105.1o after bouncing off three-week lows.