Market Diary

Daily Market Review – April 28, 2025 📉 Daily Market Review – April 28, 2025 Markets opened higher but quickly sold off , creating another choppy session . Despite brief rallies, all major timeframes remain downtrending . Friday’s close left the SPX at the first standard deviation of the 3-month range — suggesting volatility within normal but weakening conditions. 🔍 Technical Overview (SPX) Deviation from Key SMAs : 200-day SMA: -4% 50-day SMA: -2% 20-day SMA: +2% VWAP : 5,543 – Price is below VWAP , indicating intraday selling pressure FDTS : +45 points – strong short-term positive push MACD : crossed up +45 points – bullish bias, but momentum slowing RSI : 51 – out of oversold territory but no strong upside thrust yet Breadth : NYSE: 1.43 down : 1 up NASDAQ: ...

Daily Market Review – April 24, 2025 📉 Daily Market Review – April 24, 2025 Markets opened cautiously higher today with /ES futures up just 3 points , signaling a breather after yesterday’s strong rally. While prices are inching higher, the broader trend across all timeframes remains down . The SPX is currently testing the first standard deviation range from the 3-month mean, indicating it's near a potential resistance zone in a bear market bounce. 🔍 Technical Overview (SPX) FDTS : +28 points – positive momentum, but within a downtrend MACD : +20 points above crossover – buy signal confirmed RSI : 30 – oversold territory, signaling potential bounce SMA Deviation : 200-day SMA: -6% 50-day SMA: -4% 20-day SMA: +0.23% VWAP : 5,390 Current Price : 5,448 (trading above VWAP) Resistance : Price...

Gold Futures Analysis - Record Highs and Investor Caution Gold Futures Analysis: Historic Highs Amid Market Uncertainty A Long Road to Record Highs Gold has always stood as a timeless symbol of value and a trusted hedge during economic instability. From ancient civilizations to modern markets, when uncertainty strikes, investors often flock to the yellow metal. In 2025, Gold futures are once again in the spotlight, reaching all-time highs, but this rally comes with critical nuances that investors must understand. A Historical Look at Gold Price Movements 1980–2002 : Gold traded in a tight consolidation range between $260 to $562 , showing little directional movement for over two decades. 2002–2011 : Gold began its breakout journey. Starting around $260 in 2002, prices surged to $1927 by 2011. 📈 ~641% increase in under a decade. 2011–2016 : A significant correction occurred, dragging prices down to $1061 . ...