The Ripple price made a strong bullish impulse to the 0.6437 level yesterday after the support at the 0.5000 level. Tron’s price continued its recovery and bullish consolidation today.

Eli Lilly and Company has reported a strong financial performance for the second quarter of 2024, with revenue reaching $11.30 billion.

During the Wednesday session, we saw the US dollar drop somewhat significantly against the Loonie, reaching the 50-day EMA. The 50-day EMA, of course, is an indicator that a lot of people pay close attention to.

If you want more evidence that the recent spate of intense volatility was related to the yen carry trade, look no further than last night’s market-calming comments from Bank of Japan Deputy Governor Uchida Shinichi.

S&P 500 early session upswing didn‘t last, marginally overcoming Tuesday‘s rebound only to crater to Friday‘s close. Hardly bullish or turnaround just in situation – my early Tuesday‘s call and timing proved correct.

Meaningful updates have been few and far between, though what we have seen is a continued effort for risk assets to try and recover following the Monday crash.