It was a risk-off mood across global markets for most of last week, and the risk off sentiment is still holding so far this week. In the US, the S&P 500 hasn’t seen a positive close since last Wednesday. Whether the sell off is a...
It was a risk-off mood across...
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It was a case of another week, another record highs for most of last week for the S&P 500; until Thursday when the much ‘expected’ and ‘anticipated’ breather took place. The sell-off would continue into Friday’s session, and only time will tell if the US 3-day weekend will...
It was a case of another week...
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Welcome to Apex Trading’s Weekly News bulletin, which you can now expect every Monday morning. This is a look at what we have in our Apex Trading Portfolio as we head into the week, and what set ups we’ll be eyeing for short, medium- and long-term trading opportunities. Apex...
Welcome to Apex Trading’s Wee...
Read MoreEver wondered about the correlation between Gold and the "new" risk-off asset Bitcoin (BTC). In the above chart I am comparing BTC and Gold to test for a potential correlation. BTC looks bearish and there is more downside risk. When deciding between the two, I think it's a...
Ever wondered about the corre...
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Source: Unum xStation Gold has been trading in an upward trend for a considerable period of time. During today's session, the price surged to fresh YTD highs and further upward move is the base case scenario. Looking at the chart from a technical point of view, the...
Source: Unum xStation Gold...
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Political tensions in between the US and China as a result of the introduction of new laws in relation to Hong Kong may see a new wave of riots spring up in the region, and possibly reignite the volatility seen during 2019 when the city...
Political tensions in between...
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The primary trend for the index remains down, with a -12.15% performance month-to-date. Currently, we are seeing the price reject at the level of interest, that being the April 2007 highs of 9993. Buying interest remains in the range of 9241 and 8886 with further...
The primary trend for the ind...
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