As we have discussed many times, financial markets are fractal. Different timeframes produce similar price structures. This is a very valuable phenomena for the study and practice of trading. When tracking the intraday time frame; Wyckoff structures of Accumulation, Markup, Distribution and Markdown repeat over and over. This creates a…
After initially forming a fresh incremental lifetime high, the markets succumbed to selling pressure from higher levels after spending some indecisive sessions during the week. The week that went by saw some early signs of the Nifty entering into broad corrective consolidation while ending near its low point of the trading…
This week, the market appeared to shift dramatically from “stalling out at all-time highs” to more of a “big time risk-off selloff move” kind of situation. The warning signs were building in August, but, so far, September is ringing all kinds of market topping alarm bells. Let’s review three key charts that…
Uncertainty has continued in September after August left investors scratching their heads. In the tech sector, Bitcoin and Ether prices remained rangebound this week on waning investor interest, while Broadcom’s (NASDAQ:AVGO) latest quarterly report, contributed to the cautious sentiment among market participants. Tesla (NASDAQ:TSLA) also made headlines this week, teasing…
Residents of Jenin, in the occupied West Bank, are taking stock after nine days of what they say has been the most intense and sustained Israeli military operation in their city since October 7. Witnesses describe it as a Gaza-style campaign, with widespread destruction of infrastructure, severed water and electricity…
Marathoner Rebecca Cheptegei ran in the Paris Olympics last month. This week, her boyfriend doused her with gasoline and set her ablaze, police said — the third horrific killing of an Olympian in Kenya in recent years. In the past three years, two other female Olympians have been killed in…
An American activist has been shot and killed during a protest near Nablus in the Israeli-occupied West Bank, according to Palestinian officials. The Palestinian news agency WAFA said the activist was shot in the head during a protest in Beita, near Nablus, on Friday. She was taken to hospital, where…
Ukraine appears to be calling on a fleet of fire-spewing “dragon drones” in its war with Russian invaders, putting a modern twist on a munition used to horrific effect in both world wars. A series of videos posted on social media, including on Telegram from the Ukrainian Defense Ministry on…
Xi Jinping had a clear aim as he hosted delegates from more than 50 African countries for a major summit in Beijing this week: proving beyond doubt that China is the continent’s premier foreign partner. The Chinese leader made his case with ceremony on Thursday when, flanked by dozens of…
Brazil’s Center for Research and Prevention of Aeronautical Accidents (Cenipa) said on Friday that a preliminary report into the August crash of a Voepass airliner showed icing detectors had been activated on the ATR aircraft. According to a Cenipa official, the plane’s airframe icing button was activated at least three…