The S&P 500 (Index: SPX) didn’t change much during the first full trading week of December 2023. The index closed the week at 4604.37, up 0.2% from where it closed out the previous week.But the dividend futures-based model indicates investors pushed out their time
December 11, 2023
Image Source: Pexels Elliott Wave Analysis TradingLounge Daily Chart, 11 December 2023Bitcoin/U.S. Dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave((5))Direction Next higher Degrees: wave I of ImpulseWave Cancel invalid level:Details: Wave 4 may end and the price entering to
IONQ Inc., (IONQ) engages in the development of general-purpose quantum computing systems in the US. It sells the access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon
The world’s most popular currency pair has been in the doldrums this month after peaking above 1.10 at the end of November. The huge dovish repricing of ECB rate cut bets has seen markets give a 75% chance of a
Image Source: DepositPhotosCRISPR Therapeutics (CRSP) just made history on Friday with the first FDA-approved gene-editing medicine based on the Nobel Prize-winning discovery that targets disease with the billion-year old defense mechanism bacteria use to battle viruses.CRISPR — which stands for clustered
Bitcoin chart analysisThe Bitcoin price was calm during the weekend and moved steadily in the $43600-$44400 range. A bearish impulse followed at the start of this week, and the price fell this morning to the $40,659 level. We stayed down
Image Source: Unsplash We thought Gold was on its way after convincing weekly and monthly closes, but it put in a bearish reversal at $2100. Silver put in a nasty reversal at $26.We discuss the short-term outlook and note that $2100
Ethereum’s role in the crypto ecosystem and its appeal to investors continue to shape its trajectory, closely intertwined with developments in interest rates. Ethereum exhibited a back-and-forth pattern during the early hours of Friday, revealing signs of potential strain in
An optimistic USD/JPY forecast set the tone for a bullish journey, fueled by the dollar’s promising start to the week. All eyes were fixed on the US inflation data and the Federal Reserve’s year-end policy meeting. The dollar strengthened on Friday
Image Source: Pixabay At the close of the stock market on Friday, the Dow Jones Index (US30) was up by 0.82% (+0.44% for the week), while the S&P 500 Index (US500) added 0.41% (+0.88% for the week). The Nasdaq Technology Index (US100) closed up by 0.45% (+1.66% for the
