tag:blogger.com,1999:blog-8966785683609885442024-03-01T20:06:41.237-05:00The Private BankerThe Private Banker Blog provides market analysis on various futures markets like Crude Oil or the E-Mini S&P 500 contract. We employ a macro to micro analysis to understand the overall market structure and to find logical trade locations witth reasonable stop and target placements.Unknownnoreply@blogger.comBlogger173125tag:blogger.com,1999:blog-896678568360988544.post-7753706059429026212023-09-05T06:54:00.007-04:002023-09-05T06:54:52.978-04:00VWAP: Unveiling the Power of Volume-Weighted Average Price in Trading<p><span style="font-family: arial;"><span style="background-color: white; font-size: x-small;"><a href="https://leprivatebanker.com/2023/07/01/vwap-unveiling-the-power-of-volume-weighted-average-price-in-trading/">Reposted from The Private Banker.</a></span></span></p><p><span style="font-family: arial;"><span style="background-color: white;">Step into the world of volume-weighted average price (VWAP) and discover a powerful tool that can enhance your trading strategies. VWAP, a widely used technical indicator, combines the forces of volume and price to provide valuable insights into market trends and trading opportunities.</span></span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Unlock the secrets of VWAP as we delve into its significance and application in financial markets. Learn how this dynamic indicator calculates the average price weighted by trading volume, giving prominence to periods of high trading activity. By incorporating volume data, VWAP provides a more comprehensive view of market dynamics, going beyond mere price analysis.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Explore how VWAP acts as a magnet, attracting price action towards its level, and how it can serve as a benchmark for assessing the effectiveness of trades. Discover its applications in intraday trading, where it can guide entry and exit points, and in position management, where it aids in determining stop-loss and profit targets.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Unleash the power of VWAP in identifying market trends and gauging market sentiment. Gain insights into its ability to reveal institutional trading activity, identify areas of accumulation or distribution, and detect potential reversals or breakouts.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">With its versatility, VWAP can be adapted to various trading styles and timeframes, making it an invaluable tool for day traders, swing traders, and long-term investors alike. Harness its potential to improve trade execution, optimize risk management, and enhance overall trading performance.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">As you embark on your journey with VWAP, discover the practical techniques for incorporating this indicator into your trading toolbox. Learn how to interpret VWAP in conjunction with other technical analysis tools and indicators, unlocking new dimensions of trading precision.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Whether you are a seasoned trader or a novice exploring the world of financial markets, VWAP offers an enlightening perspective that can elevate your trading strategies. Embrace the power of VWAP and join a community of traders who leverage this dynamic indicator to gain a competitive edge in the ever-evolving landscape of financial markets.</span></p><div class="wp-block-buttons is-content-justification-center is-layout-flex wp-container-1 wp-block-buttons-is-layout-flex" style="align-items: center; background-color: white; box-sizing: border-box; display: flex; flex-wrap: wrap; gap: 0.5em; justify-content: center;"><div class="wp-block-button is-style-outline" style="box-sizing: border-box; display: inline-block; margin: 0px;"><a class="wp-block-button__link wp-element-button" href="https://leprivatebanker.com/trading-educational-content-summary/" style="background-color: transparent; background-image: none; border-radius: 9999px; border: 2px solid; box-shadow: none; box-sizing: border-box; cursor: pointer; display: inline-block; padding: 0.667em 1.333em; position: relative; text-align: center; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s; word-break: break-word;"><strong style="box-sizing: border-box; line-height: 1;"><span style="font-family: arial; font-size: small;">Discover Our Content >></span></strong></a></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-23723103141145279032023-09-03T11:19:00.006-04:002023-09-03T11:19:51.326-04:00Understanding Auction Market Theory: A Comprehensive Module to Market Dynamics<p><span style="font-family: arial; font-size: x-small;"><span style="box-sizing: border-box; line-height: 1;"><i><a href="https://leprivatebanker.com/2023/05/26/understanding-auction-market-theory-a-comprehensive-module-to-market-dynamics/">Reposted from The Private Banker</a></i></span></span></p><p><strong style="box-sizing: border-box; font-family: arial; line-height: 1;">Auction Market Theory </strong><span style="background-color: white; font-family: arial;">(AMT) is a powerful framework used by traders and investors to analyze market dynamics and make informed trading decisions. By studying the interplay between buyers and sellers, AMT provides valuable insights into price discovery, market sentiment, and potential trading opportunities. Our comprehensive educational modules delves into the core principles of Auction Market Theory, highlighting its relevance in understanding market behavior and maximizing trading strategies.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The foundation of AMT lies in the concept of market auctions, where buyers and sellers come together to establish equilibrium prices. The market’s price and volume profile, along with key reference points such as the Point of Control (POC) and Value Area (VA), play a crucial role in identifying areas of supply and demand imbalance. Traders leverage these insights to anticipate price movements and identify potential turning points in the market.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Furthermore, our educational modules explores the significance of market structure and the role of market participants in shaping price action. Understanding the behavior of different market participants, such as institutional investors, retail traders, and algorithmic trading systems, provides valuable clues about market sentiment and potential shifts in supply and demand dynamics.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">In addition, our educational modules examines the practical application of AMT in various trading scenarios. It highlights the importance of analyzing volume, price patterns, and market internals to confirm trading signals and assess the strength of market trends. By incorporating AMT principles into their trading strategies, traders can enhance their decision-making process and achieve a more nuanced understanding of market dynamics.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">In conclusion, Auction Market Theory is a powerful tool that empowers traders and investors with a deep understanding of market dynamics. By incorporating AMT principles into their analysis, traders can gain valuable insights into price discovery, market sentiment, and potential trading opportunities. Our comprehensive modules serves as a valuable resource for both novice and experienced traders looking to unlock the potential of Auction Market Theory in their trading endeavors. Tab the link below to read our summary of content:</span></p><div class="wp-block-buttons is-content-justification-center is-layout-flex wp-container-1 wp-block-buttons-is-layout-flex" style="align-items: center; background-color: white; box-sizing: border-box; display: flex; flex-wrap: wrap; gap: 0.5em; justify-content: center;"><div class="wp-block-button is-style-outline" style="box-sizing: border-box; display: inline-block; margin: 0px;"><a class="wp-block-button__link has-text-align-center wp-element-button" href="https://leprivatebanker.com/trading-educational-content-summary/" style="background-color: transparent; background-image: none; border-radius: 9999px; border: 2px solid; box-shadow: none; box-sizing: border-box; cursor: pointer; display: inline-block; padding: 0.667em 1.333em; position: relative; text-align: center; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s; word-break: break-word;"><strong style="box-sizing: border-box; line-height: 1;"><span style="font-family: arial; font-size: small;">AMT Educational Modules >></span></strong></a></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-9997978750525187362023-07-05T07:21:00.003-04:002023-07-05T07:21:21.669-04:00European Shares Edge Lower as Investors Await Fed Meeting Minutes<p><span style="font-family: arial;"> </span><span face=""Work Sans", sans-serif" style="background-color: white; font-size: 23px;">China's Services Sector Sees Slowest Expansion in Five Months</span></p><ul style="background-color: white; box-sizing: border-box; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1em 1em; padding: 0px;"><li style="box-sizing: border-box;"><span style="font-family: arial;">European shares dip as investors await PMI data and Fed meeting minutes for insights into future monetary policy.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">China’s services sector experiences slowest expansion in five months due to weakening demand.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">Industrial activity in France and Spain surpasses expectations.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">Escalation in technology dispute between US and China as export controls on metals used in semiconductor manufacturing are implemented.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">HCOB Eurozone Services PMI for June 2023 revised downwards to 52.0, indicating modest and weakened growth.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">New workloads increased at a marginal pace, the slowest in five months, attributed to weaker sales performances to non-domestic customers.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">Volumes of incomplete business stabilized, while the rate of job creation softened to a three-month low.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">Input cost inflation slowed to a 25-month low, and output charge inflation reached its lowest level since October 2021.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">Business confidence declined to the lowest level recorded so far this year.</span></li></ul><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The STOXX 600 trades lower by approximately 0.5% around €460, displaying a micro balanced behavior within the developing value area during the European trading session. The revised PMI data, showing a decline, contributes to a selling sentiment, although absorption around the prior POC level offers support for the buying side.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The euro is trading 0.1% higher against the dollar, exhibiting a relatively balanced pattern on the daily interval, with evident interest from euro long buyers near the lower extreme. The short-term perspective reveals a wider swing, influenced by negative economic data that reinforces the possibility of interest rate increases to address inflationary pressures, which could benefit the euro. However, technical resistance might be encountered around the prior VWAP close level, while absorption around the lows keeps the euro in positive territory.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The dollar remains relatively unchanged, with a slight increase in the short-term perspective, rising by approximately 0.15% on the monthly basis, which might exert pressure on the euro and equities sector. Technically, the market could explore lower prices, potentially providing support for the euro.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The upcoming FED meeting minutes hold significance as they may provide insights into the US monetary policy trajectory, guiding the assessment of rate developments. The current hawkish rhetoric has a bearish impact on equities and commodities, while benefiting the dollar due to the tightening cycle. However, any indications of a dovish tone could offer support to the US stock market.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;"><strong style="box-sizing: border-box; line-height: 1;">Enjoy reading? </strong>Unleash premium articleas and access to trusted educational content to expand your horizon with a <strong style="box-sizing: border-box; line-height: 1;"><a href="https://leprivatebanker.com/register5/" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-color: rgb(29, 185, 196); text-decoration-style: solid; text-decoration-thickness: 2px; text-underline-position: under; transition: all 0.3s ease 0s;">membership</a></strong>.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;"><i><a href="https://leprivatebanker.com/2023/07/05/european-shares-edge-lower-as-investors-fed-meeting-minutes/">Reposted by The Private Banker.</a></i></span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-85397030839156183232023-07-05T07:15:00.008-04:002023-07-05T07:15:47.616-04:00Euro Area Producer Prices Decline in May 2023<p> <span style="background-color: white; font-family: "Work Sans", sans-serif; font-size: 23px;">First Month of Decline in Producer Prices Since December 2020</span></p><ul style="background-color: white; box-sizing: border-box; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1em 1em; padding: 0px;"><li style="box-sizing: border-box;"><span style="font-family: arial;">Producer prices in the Euro Area declined by 1.5% YoY in May 2023.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">This marked the first month of decline in producer prices since December 2020.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">Energy costs experienced a significant 13.3% slump, contributing to the overall decline.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">Prices for intermediate goods dropped by 1.5% and inflation slowed for capital goods, durable goods, and non-durable consumer goods.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">Excluding energy, producer price inflation decelerated to 3.4% YoY in May.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">On a monthly basis, producer prices fell by 1.9%, marking the fifth consecutive month of decrease.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">Energy costs saw a substantial decrease of 5.0% in May, driving the overall drop in prices.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">Prices for intermediate goods declined by 1.0% and non-durable consumer goods dropped by 0.1%.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">The cost of capital goods remained unchanged, while durable consumer goods rose by 0.3%.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">Excluding the impact of energy, producer prices showed a decrease of 0.4% in May.</span></li></ul><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The decline in producer prices in the euro area may provide a boost to production and help alleviate inflationary pressures, particularly in light of the current hawkish stance of central banks. This data could have a bearish impact on the euro, while the equities market could potentially find support from the positive price developments.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><i><a href="https://leprivatebanker.com/2023/07/05/euro-area-producer-prices-decline-in-may-2023/">Reposted from The Private Banker</a></i></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-34176571187296989432023-04-19T06:59:00.003-04:002023-04-19T06:59:31.446-04:00US Markets With Hakwish Comments and Earnings<p><span style="font-family: arial;"><strong style="box-sizing: border-box; line-height: 1;">US stock markets </strong><span style="background-color: white;">with the SPX Futures contract are down by about 0.6% as investors monitor earnings and how markets react to the recent comments on monetary policy.</span></span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The Fed’s Bullard mentioned he would favor a terminal rate of about 5.50% and 5.75% while Bostic sees one more rate hike of about 25 bps before a potential halt of further hikes. Currently a rate ease is expected around November and December with higher probabilities which pressures markets as the easing projection moved from July to November.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Mixed and weakening earnings reports seemingly are another bearish factor to conclude into the current more likely bearish biased market structure while depending on the New York trading opening’s auction process, which tends to lean on buying, the market may lift higher by absorption.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The hawkish comments come along with a higher dollar which pressures commodities such as Gold which is down by about 1.6% and Crude oil which fell by about 1.7%. Meanwhile, Bitcoin which rallied recently due to the banking crisis fell by about 4% in the European trading session.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">European inflation eased towards 6.9% from 8.5% by the central bank’s efforts to tighten monetary policy with current viewpoints of another rate increase of about 50 bps or 25 bps. The lower inflation read pressured the euro lower by about 0.3% against the dollar in the early trading session.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Looking at the E-mini S&P 500 we can observe some selling and long liquidations around the swing high back from February on the daily interval. Further hawkish remarks might lead the market to cycle down in a bearish rotation while any positive hints towards a dovish projection might lead core buyers to add to positions around VWAP key levels of the Quarterly and Yearly perspective. Another viewpoint to monitor in the short-term perspective is the lower volatility for the month which might surprise a soaring market, depending on economic data or events. Current calculations, which are slightly mixed, might point towards a balanced market behavior as traders could lean on the extremes to conclude a particular bracket area.</span></p><div class="inline-post clearfix" style="backface-visibility: hidden; background-color: white; border: 1px solid rgb(238, 238, 238); box-sizing: border-box; clear: both; display: flex; margin: 30px 0px; padding: 20px; position: relative; width: 615px;"><div class="see-also byline" style="background: black; box-sizing: border-box; color: white; display: inline-block; height: 20px; left: 306.5px; line-height: 20px; margin-bottom: -7px; padding: 0px 10px; position: absolute; text-transform: uppercase; top: 0px; transform: translate(-50%, 0px); z-index: 2;"><span style="font-family: arial;">SEE ALSO</span></div><div class="block-wrap-native block-wrap block-wrap-23 block-css-93207 block-wrap-classic columns__m--1 elements-design-1 block-ani block-skin-0 tipi-box block-wrap-thumbnail ppl-m-1 clearfix loaded" data-base="0" data-id="93207" id="block-wrap-93207" style="background: center center / cover no-repeat transparent; border-color: initial; border-image-outset: initial; border-image-repeat: initial; border-image-slice: 1; border-image-source: initial; border-image-width: initial; border-style: initial; border-width: 0px; box-sizing: border-box; margin-left: auto; margin-right: auto; overflow: hidden; width: 573px;"><div class="tipi-row-inner-style clearfix" style="background-attachment: inherit; background-clip: inherit; background-color: transparent; background-image: none; background-origin: inherit; background-position: inherit; background-repeat: inherit; background-size: inherit; border-image-slice: 1; box-sizing: border-box; width: 573px;"><div class="tipi-row-inner-box contents sticky--wrap" style="background: inherit; box-sizing: border-box; position: relative; width: 573px;"><div class="block block-23 clearfix" style="align-items: stretch; box-sizing: border-box; counter-reset: block 0; flex-flow: row wrap; position: relative;"><article class="tipi-xs-12 clearfix with-fi ani-base tipi-xs-typo split-1 split-design-1 loop-0 preview-thumbnail preview-23 elements-design-1 post-20454 post type-post status-publish format-standard has-post-thumbnail hentry category-equity tag-e-mini-sp-500 tag-es tag-futures tag-global-equities tag-market-observations tag-stocks article-window" style="--animation-order: 0; animation-delay: calc(0.075s * var(--animation-order)); animation-duration: 0.2s; animation-fill-mode: forwards; animation-name: tipiSlideUpOpa; animation-timing-function: cubic-bezier(0, 0, 0.3, 1); border-bottom: 0px; box-sizing: border-box; counter-increment: block 1; flex: 0 0 100%; margin-bottom: 0px; min-width: 0px; opacity: 0; padding: 0px; position: relative; width: 573px;"><div class="preview-mini-wrap clearfix" style="align-items: center; box-sizing: border-box; display: flex; position: relative;"><div class="mask" style="background: rgb(238, 238, 238); box-sizing: border-box; flex: 0 0 25%; line-height: 0; margin-right: 0px; max-width: 100px; position: relative; width: 60px;"><a class="mask-img" href="https://leprivatebanker.com/2023/03/20/interest-rate-projection-turns-dovish-while-fomc-awaited-us-stock-markets/" style="box-sizing: border-box; display: block; height: 100px; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s; width: 100px;"><span style="font-family: arial; font-size: small;"><img alt="architecture buildings business city" class="attachment-thumbnail size-thumbnail zeen-lazy-load-base wp-post-image zeen-lazy-loaded" decoding="async" height="100" sizes="(max-width: 100px) 100vw, 100px" src="https://leprivatebanker.com/wp-content/uploads/2023/03/pexels-photo-416911-100x100.jpeg" srcset="https://leprivatebanker.com/wp-content/uploads/2023/03/pexels-photo-416911-100x100.jpeg 100w, https://leprivatebanker.com/wp-content/uploads/2023/03/pexels-photo-416911-293x293.jpeg 293w, https://leprivatebanker.com/wp-content/uploads/2023/03/pexels-photo-416911-390x390.jpeg 390w, https://leprivatebanker.com/wp-content/uploads/2023/03/pexels-photo-416911-585x585.jpeg 585w" style="backface-visibility: hidden; border: 0px; box-sizing: border-box; height: 100px; max-width: 100%; object-fit: cover; object-position: center center; width: 100px;" width="100" /></span></a></div><div class="meta" style="backface-visibility: hidden; box-sizing: border-box; float: left; padding-left: 20px; padding-right: 0px; width: 473px;"><div class="title-wrap" style="box-sizing: border-box;"><h3 class="title" style="box-sizing: border-box; color: #111111; line-height: 1.2; margin: 0px; overflow-wrap: break-word; padding: 0px;"><a href="https://leprivatebanker.com/2023/03/20/interest-rate-projection-turns-dovish-while-fomc-awaited-us-stock-markets/" style="box-sizing: border-box; display: inline-block; max-width: 100%; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><span style="font-family: arial; font-size: small;">Interest Rate Projection Turns Dovish While FOMC Awaited: US Stock Markets</span></a></h3></div><div class="byline byline-3" style="box-sizing: border-box; color: #1d1d1d; margin-bottom: -7px; margin-top: 5px; text-transform: uppercase;"><span class="byline-part date" style="box-sizing: border-box; display: inline-block; margin-bottom: 5px; margin-right: 5px; opacity: 0.5; vertical-align: middle;"><time class="entry-date published dateCreated flipboard-date" datetime="2023-03-20T16:16:23+00:00" style="box-sizing: border-box;"><span style="font-family: arial;">4 WEEKS AGO</span></time></span></div></div></div></article></div></div></div></div></div><div class="wp-block-image" style="background-color: white; box-sizing: border-box;"><figure class="aligncenter size-large embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-1 fluidbox--initialized fluidbox--ready fluidbox--closed" href="https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-19_12-14-10.png" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 1010;"><span style="font-family: arial; font-size: small;"><img alt="" class="zeen-lazy-load-base wp-image-20541 fluidbox__thumb zeen-lazy-loaded" decoding="async" height="568" sizes="(max-width: 700px) 100vw, 700px" src="https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-19_12-14-10-700x568.png" srcset="https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-19_12-14-10-700x568.png 700w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-19_12-14-10-300x243.png 300w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-19_12-14-10-770x624.png 770w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-19_12-14-10-293x238.png 293w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-19_12-14-10-390x316.png 390w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-19_12-14-10.png 777w" style="border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 0; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="700" /><div class="fluidbox__ghost img--set" style="background-image: url("https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-19_12-14-10.png"); background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 523.359px; left: 0px; opacity: 1; position: absolute; top: 0px; transform: translate(0px, 0px) scale(1, 1); transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; visibility: visible; width: 645px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; transform: none; z-index: 2;"></div><div class="fluidbox__overlay" style="background-color: rgba(255, 255, 255, 0.85); box-sizing: border-box; cursor: zoom-out; inset: -100vh -100vw; opacity: 0; pointer-events: none; position: fixed; transition: all 0.5s ease-in-out 0s; z-index: -1;"></div></span></div></a></figure></div><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The intraday perspective is imbalanced and out of the prior price range. The New York trading session might be able to lead the market back into the previous price range by buying around the swing lows from Monday’s session. However, current bearish calculation would point core sellers to add around the developing VWAP. </span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;"><a href="https://leprivatebanker.com/2023/04/19/us-markets-with-hakwish-comments-and-earnings/">Original post by The Private Banker.</a></span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-44641454419793307362023-04-17T11:27:00.010-04:002023-04-17T11:27:56.846-04:00Copper Concerns Of Lower Supply And Rate-Increases<p><span style="font-family: arial;"> <strong style="box-sizing: border-box; line-height: 1;">Copper</strong><span style="background-color: white;">, which fell by about 0.5% and trades around $4.08 per pound in the European trading session, is elevated by a weaker dollar and higher demand with concerns of lower supply.</span></span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Chinese credit growth is strong and supports the nation’s intentions to support the infrastructure construction which supports the price of the base metal.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The London Metal Exchange shows that inventories fell towards 56,000 tonnes which is the lowest since 2005, driving the price even higher as Goldman Sachs projects a global shortage of copper inventories around September.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The state owned company Codelco from Chile estimated that output will sink around 7% after a 10.6% decline in the prior Year. Supply concerns seemingly are the pressure factor as prices get driven higher just like with the OPEC+ production cuts for the oil price. This might add to the inflationary pressure, prompting central banks to conclude the best projections for interest rate hikes. The current more dovish view with potential cuts around July to November might be lifting for commodities as the dollar is weakening.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Looking at the technical perspective of the Copper market we can observe some selling around the Year’s upper value extreme on the daily interval. Seemingly the market closed with a selling tail and absorption in combination with long liquidations around the prior swing highs which could initiate the price to pullback as rotation to the developing VWAP or lower value extreme as secondary buying option for core long positions.</span></p><div class="wp-block-image" style="background-color: white; box-sizing: border-box;"><figure class="aligncenter size-large embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-1 fluidbox--initialized fluidbox--closed fluidbox--ready" href="https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-49-22.png" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><span style="font-family: arial; font-size: small;"><img alt="" class="zeen-lazy-load-base wp-image-20523 fluidbox__thumb zeen-lazy-loaded" decoding="async" height="585" sizes="(max-width: 700px) 100vw, 700px" src="https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-49-22-700x585.png" srcset="https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-49-22-700x585.png 700w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-49-22-300x251.png 300w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-49-22-770x644.png 770w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-49-22-293x245.png 293w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-49-22-390x326.png 390w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-49-22.png 774w" style="border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="700" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 539.031px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 645px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></span></div></a></figure></div><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Taking a glance at the current TPO profile structure of this market, we can observe a balanced prior structure as the market cleared the unsecured low and might hit absorption to bring the price back into the previous price range which could initiate more buying. For the moment, the market is imbalanced with a slightly bearish bias for this session. Any bullish scenarios might target the prior POC level.</span></p><div class="wp-block-image" style="background-color: white; box-sizing: border-box;"><figure class="aligncenter size-full embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-2 fluidbox--initialized fluidbox--closed fluidbox--ready" href="https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-52-27.png" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><span style="font-family: arial; font-size: small;"><img alt="" class="zeen-lazy-load-base wp-image-20524 fluidbox__thumb zeen-lazy-loaded" decoding="async" height="627" sizes="(max-width: 665px) 100vw, 665px" src="https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-52-27.png" srcset="https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-52-27.png 665w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-52-27-300x283.png 300w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-52-27-293x276.png 293w, https://leprivatebanker.com/wp-content/uploads/2023/04/2023-04-17_12-52-27-390x368.png 390w" style="border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="665" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 608.141px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 645px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></span></div></a></figure></div><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Current calculations, including the aspect of volatility, might show a mixed view which could lead the market to a balanced behavior, confluent with the fundamental supply concerns and the technical perspective.</span></p><div class="inline-post clearfix" style="backface-visibility: hidden; background-color: white; border: 1px solid rgb(238, 238, 238); box-sizing: border-box; clear: both; display: flex; margin: 30px 0px; padding: 20px; position: relative; width: 615px;"><div class="see-also byline" style="background: black; box-sizing: border-box; color: white; display: inline-block; height: 20px; left: 306.5px; line-height: 20px; margin-bottom: -7px; padding: 0px 10px; position: absolute; text-transform: uppercase; top: 0px; transform: translate(-50%, 0px); z-index: 2;"><span style="font-family: arial;">SEE ALSO</span></div><div class="block-wrap-native block-wrap block-wrap-23 block-css-23107 block-wrap-classic columns__m--1 elements-design-1 block-ani block-skin-0 tipi-box block-wrap-thumbnail ppl-m-1 clearfix loaded" data-base="0" data-id="23107" id="block-wrap-23107" style="background: center center / cover no-repeat transparent; border-color: initial; border-image-outset: initial; border-image-repeat: initial; border-image-slice: 1; border-image-source: initial; border-image-width: initial; border-style: initial; border-width: 0px; box-sizing: border-box; margin-left: auto; margin-right: auto; overflow: hidden; width: 573px;"><div class="tipi-row-inner-style clearfix" style="background-attachment: inherit; background-clip: inherit; background-color: transparent; background-image: none; background-origin: inherit; background-position: inherit; background-repeat: inherit; background-size: inherit; border-image-slice: 1; box-sizing: border-box; width: 573px;"><div class="tipi-row-inner-box contents sticky--wrap" style="background: inherit; box-sizing: border-box; position: relative; width: 573px;"><div class="block block-23 clearfix" style="align-items: stretch; box-sizing: border-box; counter-reset: block 0; flex-flow: row wrap; position: relative;"><article class="tipi-xs-12 clearfix with-fi ani-base tipi-xs-typo split-1 split-design-1 loop-0 preview-thumbnail preview-23 elements-design-1 post-20492 post type-post status-publish format-standard has-post-thumbnail hentry category-energy-metals tag-cl tag-crude-oil tag-futures tag-market-observations tag-market-update article-window" style="--animation-order: 0; animation-delay: calc(0.075s * var(--animation-order)); animation-duration: 0.2s; animation-fill-mode: forwards; animation-name: tipiSlideUpOpa; animation-timing-function: cubic-bezier(0, 0, 0.3, 1); border-bottom: 0px; box-sizing: border-box; counter-increment: block 1; flex: 0 0 100%; margin-bottom: 0px; min-width: 0px; opacity: 0; padding: 0px; position: relative; width: 573px;"><div class="preview-mini-wrap clearfix" style="align-items: center; box-sizing: border-box; display: flex; position: relative;"><div class="mask" style="background: rgb(238, 238, 238); box-sizing: border-box; flex: 0 0 25%; line-height: 0; margin-right: 0px; max-width: 100px; position: relative; width: 60px;"><a class="mask-img" href="https://leprivatebanker.com/2023/04/03/crude-oil-output-cut-suprised-lead-price-to-soar/" style="box-sizing: border-box; display: block; height: 100px; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s; width: 100px;"><span style="font-family: arial; font-size: small;"><img alt="oil platfrom rig in the middle of the ocean" class="attachment-thumbnail size-thumbnail zeen-lazy-load-base wp-post-image zeen-lazy-loaded" decoding="async" height="100" sizes="(max-width: 100px) 100vw, 100px" src="https://leprivatebanker.com/wp-content/uploads/2023/04/pexels-photo-3207536-100x100.jpeg" srcset="https://leprivatebanker.com/wp-content/uploads/2023/04/pexels-photo-3207536-100x100.jpeg 100w, https://leprivatebanker.com/wp-content/uploads/2023/04/pexels-photo-3207536-293x293.jpeg 293w, https://leprivatebanker.com/wp-content/uploads/2023/04/pexels-photo-3207536-390x390.jpeg 390w, https://leprivatebanker.com/wp-content/uploads/2023/04/pexels-photo-3207536-585x585.jpeg 585w, https://leprivatebanker.com/wp-content/uploads/2023/04/pexels-photo-3207536-900x900.jpeg 900w" style="backface-visibility: hidden; border: 0px; box-sizing: border-box; height: 100px; max-width: 100%; object-fit: cover; object-position: center center; width: 100px;" width="100" /></span></a></div><div class="meta" style="backface-visibility: hidden; box-sizing: border-box; float: left; padding-left: 20px; padding-right: 0px; width: 473px;"><div class="title-wrap" style="box-sizing: border-box;"><h3 class="title" style="box-sizing: border-box; color: #111111; line-height: 1.2; margin: 0px; overflow-wrap: break-word; padding: 0px;"><a href="https://leprivatebanker.com/2023/04/03/crude-oil-output-cut-suprised-lead-price-to-soar/" style="box-sizing: border-box; display: inline-block; max-width: 100%; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><span style="font-family: arial; font-size: small;">Crude Oil Output Cut Suprised Lead Price To Soar</span></a></h3></div><div class="byline byline-3" style="box-sizing: border-box; color: #1d1d1d; margin-bottom: -7px; margin-top: 5px; text-transform: uppercase;"><span class="byline-part date" style="box-sizing: border-box; display: inline-block; margin-bottom: 5px; margin-right: 5px; opacity: 0.5; vertical-align: middle;"><time class="entry-date published dateCreated flipboard-date" datetime="2023-04-03T18:08:13+00:00" style="box-sizing: border-box;"><span style="font-family: arial;">2 WEEKS AGO</span></time></span></div></div></div></article></div></div></div></div></div><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The managed money sector is more likely mixed as investors seemingly closing positions on both sides as of the COT data from the 11th April while net buying increased for three weeks.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Hawkish remarks by Fed Gov. Waller that inflation is too high spurred the fears for additional rate-increases in combination with visible weakness in the U.S. economy by lower-than-expected retail sales, pointing to lower spending. And the higher inflation expectations, pressures commodities and equities for the session. </span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><b><a href="https://leprivatebanker.com/2023/04/17/copper-concerns-of-lower-supply-and-rate-increases/">Original post on The Private Banker. </a></b></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-32975051686471872772023-01-04T11:54:00.005-05:002023-01-04T11:55:53.606-05:00Copper Drop Due Demand Worries With Bullish Nuance<p><em style="box-sizing: border-box; line-height: 1;"><span style="font-family: arial;">Follow along our market view with the instant <a href="https://leprivatebanker.com/activity/" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-color: rgb(29, 185, 196); text-decoration-style: solid; text-decoration-thickness: 2px; text-underline-position: under; transition: all 0.3s ease 0s;"><strong style="box-sizing: border-box; line-height: 1;">activity stream</strong></a> which we provide our premium subscribers.</span></em></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;"><strong style="box-sizing: border-box; line-height: 1;">Copper </strong>fell by about 0.4% in the European trading session by upcoming fears of lower demand and concerns of recession which pressures demand for industrial products.</span></p><ul style="background-color: white; box-sizing: border-box; list-style-image: initial; list-style-position: initial; margin: 0px 0px 1em 1em; padding: 0px;"><li style="box-sizing: border-box;"><span style="font-family: arial;">The recent PMI data showed that China’s factory activity contracted in December due to the Covid cases as well as the property sector which hurt the market context.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">A bullish factor to consider would be Chile’s output drop of about 6.7% as global copper stock have fallen to record lows.</span></li><li style="box-sizing: border-box;"><span style="font-family: arial;">Additionally, mining giants forecasted supply drops of about 50 million tones which might boost the price of the metal.</span></li></ul><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The technical perspective might changed its bias to a slight bullish tendency in the new month and Year with positive volatility and a potential weakening dollar which might boosting commodities, depending on the FOMC minutes later on the session to shed details of further inflation worries and the rate hike path. Increases of the rate with higher projections might be concluded as bearish while a potential easing with a dovish tone may support the metal.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The prior month’s low of December has been taken out and might initiate buyers for core long positions in combination with absorption. The daily interval dipped below the prior month’s balanced price range and a possible close inside of the particular range could conclude an additional buying signal with a buying tail and swing failure. The mentioned core buyers might target the upper balance extreme as rotational scenario.</span></p><div class="wp-block-image" style="background-color: white; box-sizing: border-box;"><figure class="aligncenter size-large embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-1 fluidbox--initialized fluidbox--closed fluidbox--ready" href="https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-19-58.png" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: 50% 50%; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><span style="font-family: arial; font-size: small;"><img alt="" class="zeen-lazy-load-base wp-image-20279 fluidbox__thumb zeen-lazy-loaded" decoding="async" height="568" sizes="(max-width: 700px) 100vw, 700px" src="https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-19-58-700x568.png" srcset="https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-19-58-700x568.png 700w, https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-19-58-300x243.png 300w, https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-19-58-293x238.png 293w, https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-19-58-390x316.png 390w, https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-19-58.png 769w" style="border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="700" /><div class="fluidbox__ghost" style="background-position: 50% 50%; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 523.359px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 645px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></span></div></a></figure></div><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The hourly interval as short-term perspective already worked its way back into the day’s developing value area to target the session’s highs and the prior VWAP close level.</span></p><div class="inline-post clearfix" style="backface-visibility: hidden; background-color: white; border: 1px solid rgb(238, 238, 238); box-sizing: border-box; clear: both; display: flex; margin: 30px 0px; padding: 20px; position: relative; width: 615px;"><div class="see-also byline" style="background: black; box-sizing: border-box; color: white; display: inline-block; height: 20px; left: 306.5px; line-height: 20px; margin-bottom: -7px; padding: 0px 10px; position: absolute; text-transform: uppercase; top: 0px; transform: translate(-50%, 0px); z-index: 2;"><span style="font-family: arial;">SEE ALSO</span></div><div class="block-wrap-native block-wrap block-wrap-23 block-css-92878 block-wrap-classic columns__m--1 elements-design-1 block-ani block-skin-0 tipi-box block-wrap-thumbnail ppl-m-1 clearfix loaded" data-base="0" data-id="92878" id="block-wrap-92878" style="background: 50% 50% / cover no-repeat transparent; border-color: initial; border-image-outset: initial; border-image-repeat: initial; border-image-slice: 1; border-image-source: initial; border-image-width: initial; border-style: initial; border-width: 0px; box-sizing: border-box; margin-left: auto; margin-right: auto; overflow: hidden; width: 573px;"><div class="tipi-row-inner-style clearfix" style="background-attachment: inherit; background-clip: inherit; background-color: transparent; background-image: none; background-origin: inherit; background-position: inherit; background-repeat: inherit; background-size: inherit; border-image-slice: 1; box-sizing: border-box; width: 573px;"><div class="tipi-row-inner-box contents sticky--wrap" style="background: inherit; box-sizing: border-box; position: relative; width: 573px;"><div class="block block-23 clearfix" style="align-items: stretch; box-sizing: border-box; counter-reset: block 0; flex-flow: row wrap; position: relative;"><article class="tipi-xs-12 clearfix with-fi ani-base tipi-xs-typo split-1 split-design-1 loop-0 preview-thumbnail preview-23 elements-design-1 post-20107 post type-post status-publish format-standard has-post-thumbnail hentry category-energy-metals tag-commodities tag-copper tag-metals article-window" style="--animation-order: 0; animation-delay: calc(0.075s * var(--animation-order)); animation-duration: 0.2s; animation-fill-mode: forwards; animation-name: tipiSlideUpOpa; animation-timing-function: cubic-bezier(0, 0, 0.3, 1); border-bottom: 0px; box-sizing: border-box; counter-increment: block 1; flex: 0 0 100%; margin-bottom: 0px; min-width: 0px; opacity: 0; padding: 0px; position: relative; width: 573px;"><div class="preview-mini-wrap clearfix" style="align-items: center; box-sizing: border-box; display: flex; position: relative;"><div class="mask" style="background: rgb(238, 238, 238); box-sizing: border-box; flex: 0 0 25%; line-height: 0; margin-right: 0px; max-width: 100px; position: relative; width: 60px;"><a class="mask-img" href="https://leprivatebanker.com/2022/11/17/copper-prices-pressured-by-investors-concern-of-demand/" style="box-sizing: border-box; display: block; height: 100px; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s; width: 100px;"><span style="font-family: arial; font-size: small;"><img alt="copper colored mug on table" class="attachment-thumbnail size-thumbnail zeen-lazy-load-base wp-post-image zeen-lazy-loaded" decoding="async" height="100" sizes="(max-width: 100px) 100vw, 100px" src="https://leprivatebanker.com/wp-content/uploads/2022/11/pexels-photo-830926-100x100.jpeg" srcset="https://leprivatebanker.com/wp-content/uploads/2022/11/pexels-photo-830926-100x100.jpeg 100w, https://leprivatebanker.com/wp-content/uploads/2022/11/pexels-photo-830926-293x293.jpeg 293w, https://leprivatebanker.com/wp-content/uploads/2022/11/pexels-photo-830926-390x390.jpeg 390w, https://leprivatebanker.com/wp-content/uploads/2022/11/pexels-photo-830926-585x585.jpeg 585w" style="backface-visibility: hidden; border: 0px; box-sizing: border-box; height: 100px; max-width: 100%; object-fit: cover; object-position: center center; width: 100px;" width="100" /></span></a></div><div class="meta" style="backface-visibility: hidden; box-sizing: border-box; float: left; padding-left: 20px; padding-right: 0px; width: 473px;"><div class="title-wrap" style="box-sizing: border-box;"><h3 class="title" style="box-sizing: border-box; color: #111111; line-height: 1.2; margin: 0px; overflow-wrap: break-word; padding: 0px;"><a href="https://leprivatebanker.com/2022/11/17/copper-prices-pressured-by-investors-concern-of-demand/" style="box-sizing: border-box; display: inline-block; max-width: 100%; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><span style="font-family: arial; font-size: small;">Copper Prices Pressured By Investors Concern Of Demand</span></a></h3></div><div class="byline byline-3" style="box-sizing: border-box; color: #1d1d1d; margin-bottom: -7px; margin-top: 5px; text-transform: uppercase;"><span class="byline-part date" style="box-sizing: border-box; display: inline-block; font-family: arial; margin-bottom: 5px; margin-right: 5px; opacity: 0.5; vertical-align: middle;"><time class="entry-date published dateCreated flipboard-date" datetime="2022-11-17T12:12:21+00:00" style="box-sizing: border-box;">2 MONTHS AGO</time></span></div></div></div></article></div></div></div></div></div><div class="wp-block-image" style="background-color: white; box-sizing: border-box;"><figure class="aligncenter size-full embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-2 fluidbox--initialized fluidbox--closed fluidbox--ready" href="https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-22-39.png" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: 50% 50%; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><span style="font-family: arial; font-size: small;"><img alt="" class="zeen-lazy-load-base wp-image-20280 fluidbox__thumb zeen-lazy-loaded" decoding="async" height="632" sizes="(max-width: 697px) 100vw, 697px" src="https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-22-39.png" srcset="https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-22-39.png 697w, https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-22-39-300x272.png 300w, https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-22-39-293x266.png 293w, https://leprivatebanker.com/wp-content/uploads/2023/01/2023-01-04_15-22-39-390x354.png 390w" style="border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="697" /><div class="fluidbox__ghost" style="background-position: 50% 50%; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 584.844px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 645px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></span></div></a></figure></div><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">However, forecasts pointing to the downside, according to algorithm calculations which depend on further economic data input and the mentioned FOMC minutes.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;"><strong style="box-sizing: border-box; line-height: 1;">Enjoyed this article?</strong> Read more premium content with educational materials and access to instant activity stream with a <strong style="box-sizing: border-box; line-height: 1;"><a href="https://leprivatebanker.com/register5/" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-color: rgb(29, 185, 196); text-decoration-style: solid; text-decoration-thickness: 2px; text-underline-position: under; transition: all 0.3s ease 0s;">subscription</a></strong>.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><a href="https://leprivatebanker.com/2023/01/04/copper-drop-due-demand-worries-with-bullish-nuance/"><span style="font-family: arial;">Reposted</span></a></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-31968393677409810552022-09-27T07:07:00.004-04:002022-09-27T07:07:29.005-04:00Monday’s Drop Of The Sterling Pound<p><span style="font-family: arial;"><span style="background-color: white;">(<a href="https://leprivatebanker.com/2022/09/27/mondays-drop-of-the-sterling-pound/">The Private Banker</a>) - The British pound rose about 1% against the dollar and traded around $1.07 in the early European trading session, bounced back after yesterday’s record drop.</span></span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Many analysts state that the sterling might reach parity with the dollar or even fell below the $1 level as the recent announced tax cuts by the British government pressured the pound which might lead to a dept sour as there are no details about a new fiscal plan for the moment while Kwasi Kwarteng plans to explain his plan on 23rd November. The mentioned tax cuts leading to higher demand which effects inflation to pressure the pound, technically and presumably.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Monday’s drop did not lead the Bank of England to deliver an emergency interest rate hike as the speculation about this matter went around, stating that market developments will be monitored and the central bank will discuss the fall of the pound in the next meeting in November.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Markets pricing in a potential 200bps hike in November as the new government plans to boost growth with scrapping the 45p top rate of income tax and replacing it with a 40p rate.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Lenders begun to withdraw montage deals as of concerns that the Bank of England will hike interest rates again to support the pound and to fight inflation.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The central bank’s chief economist Huw Pill will speak later in the morning as traders and investors await some clarification about the current situation.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Current forecasts point to the downside as the cable rate approaches the lower historical standard deviation level for potential supportive core pound buyers, while risk is imminent.</span></p><div class="wp-block-image" style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em;"><figure class="aligncenter size-large embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-1 fluidbox--initialized fluidbox--closed fluidbox--ready" data-slb-active="1" data-slb-asset="2749123756" data-slb-group="19601" data-slb-internal="0" href="https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-32-44.png" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><span style="font-family: arial; font-size: small;"><img alt="pound forecast" class="zeen-lazy-load-base wp-image-19603 fluidbox__thumb zeen-lazy-loaded" height="388" sizes="(max-width: 700px) 100vw, 700px" src="https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-32-44-700x388.png" srcset="https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-32-44-700x388.png 700w, https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-32-44-300x166.png 300w, https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-32-44-293x163.png 293w, https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-32-44-390x216.png 390w, https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-32-44.png 703w" style="border-radius: inherit; border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="700" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 357.5px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 645px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></span></div></a></figure></div><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The daily interval of the particular rate against the dollar trades below the Decade, Yearly and Quarterly developing value areas with an imbalanced downside slope, giving the lower periodicities a bearish bias.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">However, the current fundamental aspect of the day points to a pullback towards selling areas where traders may add to their core positions.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The hourly interval bounced back from the lows of around $1.04, testing the week’s upper value extreme for pound shorting while buyers may target the upper monthly value area which is confluent with a prior VWAP close level, above the swing highs which might lead to absorption behavior. Depending on the further auction the lower value extreme of the week’s developing value area might be supportive.</span></p><div class="wp-block-image" style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em;"><figure class="aligncenter size-full embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-2 fluidbox--initialized fluidbox--closed fluidbox--ready" data-slb-active="1" data-slb-asset="1890562170" data-slb-group="19601" data-slb-internal="0" href="https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-38-02.png" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><span style="font-family: arial; font-size: small;"><img alt="pound hourly" class="zeen-lazy-load-base wp-image-19604 fluidbox__thumb zeen-lazy-loaded" height="470" sizes="(max-width: 675px) 100vw, 675px" src="https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-38-02.png" srcset="https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-38-02.png 675w, https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-38-02-300x209.png 300w, https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-38-02-293x204.png 293w, https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-38-02-390x272.png 390w" style="border-radius: inherit; border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="675" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 449.109px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 645px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></span></div></a></figure></div><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Asset managers/Institutional were kind of mixed in the prior weeks positioning with new longs of 1.619 contracts of 6B Futures contracts and shorting about 818 contracts with a net position of about minus 97.492 contracts. The leveraged fund side bought about 5334 contracts while covering about 8154 short contracts as of September 20th.</span></p><div class="wp-block-image" style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em;"><figure class="aligncenter size-large embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-3 fluidbox--initialized fluidbox--closed fluidbox--ready" data-slb-active="1" data-slb-asset="2403605899" data-slb-group="19601" data-slb-internal="0" href="https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-46-18.png" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><span style="font-family: arial; font-size: small;"><img alt="pound cot" class="zeen-lazy-load-base wp-image-19602 fluidbox__thumb zeen-lazy-loaded" height="546" sizes="(max-width: 700px) 100vw, 700px" src="https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-46-18-700x546.png" srcset="https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-46-18-700x546.png 700w, https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-46-18-300x234.png 300w, https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-46-18-293x229.png 293w, https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-46-18-390x304.png 390w, https://leprivatebanker.com/wp-content/uploads/2022/09/2022-09-27_10-46-18.png 768w" style="border-radius: inherit; border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="700" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 503.094px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 645px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></span></div></a></figure></div><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;"><strong style="box-sizing: border-box; line-height: 1;">Like this article?</strong> Learn more about our VWAP concept with a membership for our trusted educational modules and <a href="https://leprivatebanker.com/register5/" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-color: rgb(29, 185, 196); text-decoration-style: solid; text-decoration-thickness: 2px; text-underline-position: under; transition: all 0.3s ease 0s;"><strong style="box-sizing: border-box; line-height: 1;">subscriber-only</strong></a> content.</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-32168629336679995042022-08-31T12:28:00.004-04:002022-08-31T12:28:25.954-04:00Crude Oil Below $90 By Economic Worries While Bouncing Back<p><span style="font-family: arial;"><span style="background-color: white;"><a href="https://leprivatebanker.com/2022/08/31/crude-oil-below-90-by-economic-worries-while-bouncing-back/">Crude oil WTI is down by about 0.5%</a> while bouncing back towards $91 from the lower value extreme of the month’s VWAP. The market was trading briefly below $90 in the European trading session.</span></span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The oil market is pressured by concerns of a global economic slowdown which may hurt energy demand and lead to tightening supply.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Central banks around the world are tightening their monetary policy and lifting interest rates higher to fight the inflationary rising prices which may lead to lower demand for a pressured oil price.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Additionally, Covid outbreaks in major Chinese cities of Shenzhen, Guangzhou, and Dalian placed millions under lockdowns and might result in slow economic activity in the second largest economy.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Clashes in Iraq did not affect the OPEC output for the moment while the New York trading session found some short covering. OPEC will meet in September for production policy while the Energy minister of Saudi Arabia mentioned that a revival of the Iran 2015 deal would lead to a production cut which eventually would be a bullish factor for the crude oil price.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The daily interval found some supportive core buyers around the Year’s lower value extreme, and raised the price back into the Quarter’s value area. The mentioned levels were confluent with the month’s lower standard deviation level of the VWAP which brought buyers and short covering into the market.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The short-term to median-term perspective may targeting rotations towards the upper value extreme of the Quarter’s view which stands around $100. The secondary target may lay around $112, depending on the auction around the mentioned Quarter’s DVAH and the Year’s VWAP.</span></p><div class="wp-block-image" style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em;"><figure class="aligncenter size-full embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-1 fluidbox--initialized fluidbox--closed fluidbox--ready" data-slb-active="1" data-slb-asset="1897977056" data-slb-group="19221" href="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-31_17-58-51.png?ssl=1" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><span style="font-family: arial; font-size: small;"><img alt="Crude oil chart" class="zeen-lazy-load-base wp-image-19222 fluidbox__thumb zeen-lazy-loaded" data-recalc-dims="1" height="440" sizes="(max-width: 666px) 100vw, 666px" src="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-31_17-58-51.png?resize=666%2C440&ssl=1" srcset="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-31_17-58-51.png?w=666&ssl=1 666w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-31_17-58-51.png?resize=300%2C198&ssl=1 300w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-31_17-58-51.png?resize=293%2C194&ssl=1 293w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-31_17-58-51.png?resize=120%2C80&ssl=1 120w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-31_17-58-51.png?resize=240%2C160&ssl=1 240w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-31_17-58-51.png?resize=390%2C258&ssl=1 390w" style="border-radius: inherit; border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="666" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 412.906px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 625px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></span></div></a></figure></div><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The month fell by about 7.7% the third month in the row while the market found some core buyers around the Decade”s upper value extreme. Support is depending on the potential output cut which may lead to median-term long buyers.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;"><span style="box-sizing: border-box; line-height: 1;">Like this article? </span>Read and learn even more about our VWAP concept with a <a href="https://leprivatebanker.com/register5/" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-color: rgb(29, 185, 196); text-decoration-style: solid; text-decoration-thickness: 2px; text-underline-position: under; transition: all 0.3s ease 0s;">premium subscription</a> to our trusted and in-depth educational content.</span></p><div><br /></div><div class="sharedaddy sd-sharing-enabled" style="background-color: white; box-sizing: border-box; clear: both; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px;"></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-78701007483689904732022-08-30T10:16:00.006-04:002022-08-30T10:16:49.753-04:00Japanese Yen Pressured By U.S Fed Tightening Approach<p><span style="font-family: arial;"><a href="https://leprivatebanker.com/2022/08/30/__trashed-2/"><span style="background-color: white;">The</span><span style="background-color: white;"> </span><strong style="box-sizing: border-box; line-height: 1;">Japanese yen </strong></a><span style="background-color: white;"><a href="https://leprivatebanker.com/2022/08/30/__trashed-2/">increased its value against the dollar</a> with about 0.4% in the early New York trading session. The rate found supportive yen buyers around the previous VWAP close level on the intraday interval.</span></span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The Yen got pressured by the recent hawkish comments by the Fed policymakers which want to keep raising interest rates until inflation gets under control to calm down the surging prices.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Bank of Japan Governor Haruhiko Kuroda’s speech at the Jackson Hole symposium indicated a continuation of the current ultra-supportive monetary policy as rising inflation in the country has been largely externally driven and prices might reverse towards 1.5% in the upcoming Quarters. BOJ board member Toyoaki Nakamura also stressed the need to maintain massive stimulus to support the Japanese economy.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The Japanese yen has been pressured for several months by the interest rate hike gap between the BoJ and the other global central banks which are raising and tightening monetary policy, strengthening the dollar favored side to fight the inflationary pressure in the other economies.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The daily interval found some resistance around the upper bracket extreme which found some yen buying and dollar shorting while the rate trades above the Quarter’s, Year’s and Decade’s VWAP value areas which might be bullish biased in favor of the dollar as path of least resistance by the mentioned Fed monetary approach.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The intraday perspective trades rotational in the week’s developing value and found potential dollar longs which drive the rate higher towards the week’s upper value extreme. Yen longs may emerge around the current VWAP close level or the mentioned upper DVAH level of the week. </span></p><div class="wp-block-image" style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em;"><figure class="aligncenter size-full embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-1 fluidbox--initialized fluidbox--closed fluidbox--ready" data-slb-active="1" data-slb-asset="1495415813" data-slb-group="19210" href="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-30_16-05-13.png?ssl=1" style="box-sizing: border-box; color: #4768a7; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><span style="font-family: arial; font-size: small;"><img alt="" class="zeen-lazy-load-base wp-image-19211 fluidbox__thumb zeen-lazy-loaded" data-recalc-dims="1" height="404" sizes="(max-width: 690px) 100vw, 690px" src="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-30_16-05-13.png?resize=690%2C404&ssl=1" srcset="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-30_16-05-13.png?w=690&ssl=1 690w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-30_16-05-13.png?resize=300%2C176&ssl=1 300w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-30_16-05-13.png?resize=293%2C172&ssl=1 293w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-30_16-05-13.png?resize=390%2C228&ssl=1 390w" style="border-radius: inherit; border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="690" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 365.938px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 625px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></span></div></a><figcaption style="box-sizing: border-box; caption-side: bottom; display: table-caption; margin-bottom: 0px; margin-top: 0.5em;"><span style="font-family: arial; font-size: small;">Yen buyers may emerger around the VWAP close level or upper DVAH level of the week.</span></figcaption></figure></div><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;"><strong style="box-sizing: border-box; line-height: 1;">Like this article?</strong> Learn more about our premium content with in-depth analysis with a <strong style="box-sizing: border-box; line-height: 1;"><a href="https://leprivatebanker.com/register5/" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-color: rgb(29, 185, 196); text-decoration-style: solid; text-decoration-thickness: 2px; text-underline-position: under; transition: all 0.3s ease 0s;">subscription</a></strong>.</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-62704088865473559162022-08-30T09:17:00.003-04:002022-08-30T09:17:14.794-04:00US Futures Gain While Twitter Shares Pressured: Market Update<p><span style="font-family: arial;"><a href="https://leprivatebanker.com/2022/08/30/us-futures-gain-while-twitter-shares-pressured-market-update/"><strong style="box-sizing: border-box; line-height: 1;">U.S Futures</strong><span style="background-color: white;"> </span></a><span style="background-color: white;"><a href="https://leprivatebanker.com/2022/08/30/us-futures-gain-while-twitter-shares-pressured-market-update/">rose</a> with the</span><span style="background-color: white;"> </span><strong style="box-sizing: border-box; line-height: 1;">E-mini S&P 500 up by about 0.7%</strong><span style="background-color: white;"> </span><span style="background-color: white;">and traded around 4047 in the European trading session. The market got balanced after the hawkish comments from the Fed Chair Jerome Powell which brought the Futures to tumble for around two days.</span></span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Banking, mega cap growth and technology stocks led while shares of Twitter fell after Elon Musk cited whistle-blower claims as a new reason to terminate the $44 billion takeover of the company.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Upcoming data includes the CB Consumer confidence and JOLTS due to release today. The VIX is around minus 3.2%, giving the market a slight bearish nuance. The yield and dollar index fell which may be supportive for the commodities while gold slipped about 0.4% and Crude oil dropped 2.4%.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">Meanwhile, the economic sentiment indicator (ESI) in the Euro Area fell to 97.6 in August and Germany’s inflation rose to 7.9% vs 7.5% previously while the monthly data shows an easing towards 0.3% vs 0.9%.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The euro might be pressured by the data while the rate against the dollar is up by about 0.2%, testing the week’s upper value extreme for euro longs. In case of a drop the rate may find support around $0.9988 which is the week’s VWAP.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The CME:ES Futures contract trades above the week’s developing value area with a slight imbalanced slope to the bullish side. The prior VWAP close level around 4037 might be of support for buyers as well as the lower value extreme of the weekly perspective. Currently the Futures lurking for buyers around the week’s DVAH level.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;">The daily interval found buyers around the Quarter’s developing VWAP for potential bullish bias into the New York trading session while the prior swing highs served as absorption area for a reversal currently. </span></p><div class="wp-block-image" style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em;"><figure class="aligncenter size-full embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-1 fluidbox--initialized fluidbox--closed fluidbox--ready" data-slb-active="1" data-slb-asset="3786801566" data-slb-group="19201" href="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-30_14-38-12.png?ssl=1" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><span style="font-family: arial; font-size: small;"><img alt="" class="zeen-lazy-load-base wp-image-19202 fluidbox__thumb zeen-lazy-loaded" data-recalc-dims="1" height="369" sizes="(max-width: 685px) 100vw, 685px" src="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-30_14-38-12.png?resize=685%2C369&ssl=1" srcset="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-30_14-38-12.png?w=685&ssl=1 685w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-30_14-38-12.png?resize=300%2C162&ssl=1 300w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-30_14-38-12.png?resize=293%2C158&ssl=1 293w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-30_14-38-12.png?resize=390%2C210&ssl=1 390w" style="border-radius: inherit; border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="685" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 336.672px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 625px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></span></div></a></figure></div><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: arial;"><strong style="box-sizing: border-box; line-height: 1;">Like this article? <a href="https://leprivatebanker.com/register5/" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-color: rgb(29, 185, 196); text-decoration-style: solid; text-decoration-thickness: 2px; text-underline-position: under; transition: all 0.3s ease 0s;">Subscribe</a></strong> to in-depth premium content to learn more about our trading approach with the VWAP tool.</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-48476476697272572162022-08-22T12:38:00.004-04:002022-08-22T12:38:49.610-04:00Crude Oil Pressured By Slow Demand And Supply Boosts<p><span style="background-color: white; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px;">Crude oil fell by about 0.7% and trades around $89 while the <a href="https://leprivatebanker.com/2022/08/22/crude-oil-pressured-by-slow-demand-and-supply-boosts/">market found supportive buyers around the lower extreme</a> of the current balanced price range on the hourly interval. The price may target the swing highs for absorption purposes as the market is supported by the Year’s lower value extreme which is confluent with the decade’s upper standard deviation level. Slow demand and supply boosts pressured the oil price lower in the prior weeks. Meanwhile, the Iranian nuclear deal 2015 is about to revive which might boost the Iranian oil export with about 2.5 million bpd. Fears about an economic slowdown by the monetary tightening and interest rate hikes might be additional selling factors. Elsewhere, the Sichuan province keeps up with industrial power cuts because of the recent electricity shortage and the heat waves which are overheating the network in some regions of China. </span></p><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;">Money managers were increasing the net selling side with about 13,380 contracts with combined long liquidations and newly opened short positions on the Futures & Options market. Forecast of the developing price of the oil pointing to the upside for the moment, according to calculations and analyst estimates.</p><div class="wp-block-image" style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em;"><figure class="aligncenter size-full embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-1 fluidbox--initialized fluidbox--closed fluidbox--ready" data-slb-active="1" data-slb-asset="1979548588" data-slb-group="19109" data-slb-internal="0" href="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_18-32-17.png?ssl=1" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><img alt="crude oil intraday" class="zeen-lazy-load-base wp-image-19110 fluidbox__thumb zeen-lazy-loaded" data-recalc-dims="1" height="384" sizes="(max-width: 658px) 100vw, 658px" src="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_18-32-17.png?resize=658%2C384&ssl=1" srcset="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_18-32-17.png?w=658&ssl=1 658w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_18-32-17.png?resize=300%2C175&ssl=1 300w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_18-32-17.png?resize=293%2C171&ssl=1 293w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_18-32-17.png?resize=390%2C228&ssl=1 390w" style="border-radius: inherit; border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="658" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 364.734px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 625px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></div></a></figure></div><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;"><strong style="box-sizing: border-box; line-height: 1;">Like this article?</strong> <a href="https://leprivatebanker.com/register5/" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-color: rgb(29, 185, 196); text-decoration-style: solid; text-decoration-thickness: 2px; text-underline-position: under; transition: all 0.3s ease 0s;"><strong style="box-sizing: border-box; line-height: 1;">Subscribe</strong></a> to trusted and in-depth educational content to gain an additional edge in the financial markets. </p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-69278605097348139382022-08-22T11:26:00.002-04:002022-08-22T11:26:14.653-04:00Global Equities Pressured By Hawkish Perspective: Market Update<p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;">The <a href="https://leprivatebanker.com/2022/08/22/global-equities-pressured-by-hawkish-perspective-market-update/">global equities sector got under pressure</a> as the E-mini S&P 500 fell by about 1.8%, Nasdaq dropped by 2.3% and the Dow Jones is 1.5% in the red as investors are concerned about the hawkish comments by Fed policymakers and worries about a recession. The likelihood of an interest rate hike of about 75bps in the next FOMC meeting might be higher now. High-performing technology stocks got under pressure with Microsoft, Amazon, Alphabet, Facebook, Tesla, and Apple as well. Traders seemingly looking forwards to the Fed Chair Jerome Powell’s speech at the central bank’s annual Jackson Hole economic symposium to conclude further scenarios on the U.S economic front.</p><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;">However, the recent COT reports shows that Asset Managers and Institutional traders were short covering about 57.512 contracts of CME:ES Futures while new long positions of about 23.084 were opened. The total net positions increased to the buying side, giving the market a potential bullish touch for the upcoming week.</p><div class="wp-block-image" style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em;"><figure class="aligncenter size-large embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-1 fluidbox--initialized fluidbox--closed fluidbox--ready" data-slb-active="1" data-slb-asset="197664305" data-slb-group="19104" data-slb-internal="0" href="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-15.png?ssl=1" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><img alt="CME:ES COT Report" class="zeen-lazy-load-base wp-image-19105 fluidbox__thumb zeen-lazy-loaded" data-recalc-dims="1" height="367" sizes="(max-width: 700px) 100vw, 700px" src="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-15.png?resize=700%2C367&ssl=1" srcset="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-15.png?resize=700%2C367&ssl=1 700w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-15.png?resize=300%2C157&ssl=1 300w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-15.png?resize=293%2C154&ssl=1 293w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-15.png?resize=390%2C205&ssl=1 390w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-15.png?w=751&ssl=1 751w" style="border-radius: inherit; border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="700" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 327.672px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 625px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></div></a><figcaption style="box-sizing: border-box; caption-side: bottom; display: table-caption; font-size: 13px; margin-bottom: 0px; margin-top: 0.5em;">Net hold long postions rises while shorts decreasing</figcaption></figure></div><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;">Looking at the current macro perspective on a monthly interval we can see sellers around the Year’s developing VWAP which are pressured with the mentioned economic concerns. The hourly interval heading lower towards the mean of the previous distribution or balanced price range which might serve as a supportive level for buyers, depending on the auction around it. Meanwhile, the dollar index surged about 0.6% with the yield up about 1.3%, hitting the 3% level by the hawkish perspective which may pressure the commodities sector such as Gold (-0.7%).</p><div class="wp-block-image" style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em;"><figure class="aligncenter size-full embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-2 fluidbox--initialized fluidbox--closed fluidbox--ready" data-slb-active="1" data-slb-asset="1342257862" data-slb-group="19104" data-slb-internal="0" href="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-29.png?ssl=1" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><img alt="market update chart for CME:ES." class="zeen-lazy-load-base wp-image-19106 fluidbox__thumb zeen-lazy-loaded" data-recalc-dims="1" height="367" sizes="(max-width: 691px) 100vw, 691px" src="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-29.png?resize=691%2C367&ssl=1" srcset="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-29.png?w=691&ssl=1 691w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-29.png?resize=300%2C159&ssl=1 300w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-29.png?resize=293%2C156&ssl=1 293w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-22_17-02-29.png?resize=390%2C207&ssl=1 390w" style="border-radius: inherit; border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="691" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 331.938px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 625px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></div></a><figcaption style="box-sizing: border-box; caption-side: bottom; display: table-caption; font-size: 13px; margin-bottom: 0px; margin-top: 0.5em;">Mean of prior balanced price range might be supportive for buyers.</figcaption></figure></div><p><strong style="box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; line-height: 1;">Like this article?</strong><span style="background-color: white; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px;"> </span><a href="https://leprivatebanker.com/register5/" style="box-sizing: border-box; color: #4265bc; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; position: relative; text-decoration-color: rgb(29, 185, 196); text-decoration-style: solid; text-decoration-thickness: 2px; text-underline-position: under; transition: all 0.3s ease 0s;"><strong style="box-sizing: border-box; line-height: 1;">Subscribe</strong></a><span style="background-color: white; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px;"> to trusted and in-depth educational content to gain an additional edge in the financial markets. </span> </p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-12385986788608421192022-08-21T12:19:00.004-04:002022-08-21T12:19:51.133-04:00Monetary Tightening Outlook Pressures Markets: Market’s Ahead Update<p> <span style="background-color: white; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px;">The</span><span style="background-color: white; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px;"> </span><strong style="box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; line-height: 1;"><a href="https://leprivatebanker.com/2022/08/21/monetary-tightening-outlook-pressures-markets-markets-ahead-update/">U.S output gap fell towards about minus 400</a></strong><span style="background-color: white; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px;">, seemingly trending lower and pointing to a potential economic slowdown which may pressure the equities sector as the Nasdaq closed lower with about 1.9% and the Dow Jones Futures contract closed with minus 0.8% on Friday’s New York trading session. Additionally, the markets are pressured by the aggressive monetary tightening outlook as St. Louis Fed President Bullard said that he is leaning towards a third consecutive 75bps rate hike and several other policymakers signaled that a dovish perspective is unlikely for the moment. Technology and high-growth stocks were among the main losers of the session as $2 trillion dollars in options contracts were estimated to expire in the session, giving a bearish bias for the equites sector. </span></p><div class="wp-block-image" style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em;"><figure class="aligncenter size-large embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-1 fluidbox--initialized fluidbox--closed fluidbox--ready" data-slb-active="1" data-slb-asset="1264495653" data-slb-group="19096" data-slb-internal="0" href="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_17-28-27.png?ssl=1" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><img alt="" class="zeen-lazy-load-base wp-image-19098 fluidbox__thumb zeen-lazy-loaded" data-recalc-dims="1" height="289" sizes="(max-width: 700px) 100vw, 700px" src="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_17-28-27.png?resize=700%2C289&ssl=1" srcset="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_17-28-27.png?resize=700%2C289&ssl=1 700w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_17-28-27.png?resize=300%2C124&ssl=1 300w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_17-28-27.png?resize=770%2C317&ssl=1 770w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_17-28-27.png?resize=1155%2C477&ssl=1 1155w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_17-28-27.png?resize=293%2C121&ssl=1 293w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_17-28-27.png?resize=390%2C161&ssl=1 390w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_17-28-27.png?w=1157&ssl=1 1157w" style="border-radius: inherit; border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="700" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 258.031px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 625px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></div></a></figure></div><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;">Both indexes are up on this particular month while testing sellers around the Year’s developing VWAP. The hourly interval of the NASDAQ Futures contract might buy some buying around the current Quarter’s upper value extreme which is confluent with the Month’s developing VWAP while sellers may target the lower month’s DVAL level as next potential buying level. </p><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;">Forecasts for the Dow Jones index are pointing to the downside, according to the calculations and analyst estimates after the market found supportive core buyers around the lower standard deviation level of the decade’s price range. To be noted is that the Dow Jones Index may find supportive buyers around the month’s upper value area in the next week as the market took a hold around it on Friday’s closing hours.</p><div class="wp-block-image" style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em;"><figure class="aligncenter size-large embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-2 fluidbox--initialized fluidbox--closed fluidbox--ready" data-slb-active="1" data-slb-asset="572017146" data-slb-group="19096" data-slb-internal="0" href="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_18-14-02.png?ssl=1" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><img alt="" class="zeen-lazy-load-base wp-image-19097 fluidbox__thumb zeen-lazy-loaded" data-recalc-dims="1" height="392" sizes="(max-width: 700px) 100vw, 700px" src="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_18-14-02.png?resize=700%2C392&ssl=1" srcset="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_18-14-02.png?resize=700%2C392&ssl=1 700w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_18-14-02.png?resize=300%2C168&ssl=1 300w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_18-14-02.png?resize=293%2C164&ssl=1 293w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_18-14-02.png?resize=390%2C219&ssl=1 390w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-21_18-14-02.png?w=705&ssl=1 705w" style="border-radius: inherit; border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="700" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 350px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 625px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></div></a></figure></div><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;">In the upcoming week he US with Fed Chair Jerome Powell’s speech at the Jackson Hole will be monitored by investors as well as data such as personal income and spending, durable goods orders, new home sales and the second Q2 GDP estimate. PMIs for several nations will be released in the next week as well while monetary policy meetings in China, South Korea, and Indonesia will be followed. </p><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;"><strong style="box-sizing: border-box; line-height: 1;">Like this article?</strong> <a href="https://leprivatebanker.com/register5/" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-color: rgb(29, 185, 196); text-decoration-style: solid; text-decoration-thickness: 2px; text-underline-position: under; transition: all 0.3s ease 0s;"><strong style="box-sizing: border-box; line-height: 1;">Subscribe</strong></a> to trusted and in-depth educational content to gain an additional edge in the financial markets. </p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-26130066849845540582022-08-21T11:47:00.004-04:002022-08-21T11:47:43.001-04:00Copper Price Rose By The Record Heat Waves<p><span style="background-color: white; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px;"><b>Copper </b>closed with gains of 0.9% around $3.65 on Friday’s New York trading session. Investors were looking at China’s clouded economy and supply concerns. Recently reported heat waves caused power grids to overheat which led some regions to ration energy among factories, leading the price of the metal higher by about 2.5% in this particular month as industry researcher Shanghai Metals Market pointed to a 24% yearly decline in copper scrap production during July added to the price rise in this month. </span></p><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;"><a href="https://leprivatebanker.com/2022/08/20/copper-price-rose-by-the-record-heat-waves/">Copper's monthly interval seemingly found some support</a> around the decade’s developing VWAP while the price traded below the particular level, testing potential selling pressure for the moment. The hourly interval might meet absorption behavior in the next week as the price trades above recent swing highs and prior VWAP close level might be an additional spot of resistance.</p><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;">The managed money sector is quietly bearish oriented with about a -16,204 net position while short covering of about 3,878 contracts in the previous week increased the net hold position higher. Net positions are around the swing lows in the 5 Year’s range and might turn the table to the long side in the near-term perspective.</p><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;">Current forecast and analyst estimates point to the downside, according to research reports and calculations while the market testing macro buyers around the lower standard deviation level of the decade’s price range. The ultra-macro view still has room to the downside as it is trading below the mean of the historical price range. </p><div class="wp-block-image" style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em;"><figure class="aligncenter size-large embed-vis" style="box-sizing: border-box; clear: left; display: table; margin: 2em auto 2em -30px; opacity: 1; padding: 0px; text-align: center; transition: all 0.4s cubic-bezier(0.3, 0.7, 0.7, 1) 0s;"><a class="tipi-lightbox fluidbox__instance-1 fluidbox--initialized fluidbox--closed fluidbox--ready" data-slb-active="1" data-slb-asset="426034450" data-slb-group="19087" data-slb-internal="0" href="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-20_20-40-28.png?ssl=1" style="box-sizing: border-box; color: #4768a7; position: relative; text-decoration-line: none; text-underline-position: under; transition: all 0.3s ease 0s;"><div class="fluidbox__wrap" style="background-position: center center; background-size: cover; box-sizing: border-box; margin: 0px auto; position: relative; transition: all 0.5s ease-in-out 0s; z-index: 990;"><img alt="copper price chart" class="zeen-lazy-load-base wp-image-19088 fluidbox__thumb zeen-lazy-loaded" data-recalc-dims="1" height="390" sizes="(max-width: 700px) 100vw, 700px" src="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-20_20-40-28.png?resize=700%2C390&ssl=1" srcset="https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-20_20-40-28.png?resize=700%2C390&ssl=1 700w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-20_20-40-28.png?resize=300%2C167&ssl=1 300w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-20_20-40-28.png?resize=293%2C163&ssl=1 293w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-20_20-40-28.png?resize=390%2C217&ssl=1 390w, https://i0.wp.com/leprivatebanker.com/wp-content/uploads/2022/08/2022-08-20_20-40-28.png?w=705&ssl=1 705w" style="border-radius: inherit; border: 0px; box-sizing: border-box; height: auto; max-width: 100%; opacity: 1; transition: opacity 0s ease-in-out 0s; vertical-align: top;" width="700" /><div class="fluidbox__ghost" style="background-position: center center; background-repeat: no-repeat; background-size: 100% 100%; box-sizing: border-box; height: 348.203px; left: 0px; position: absolute; top: 0px; transition: opacity 0s ease 0.5s, transform 0.5s ease 0s; width: 625px;"></div><div class="fluidbox__loader" style="box-sizing: border-box; inset: 0px; opacity: 0; perspective: 200px; pointer-events: none; position: absolute; z-index: 2;"></div></div></a></figure></div><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;"><strong style="box-sizing: border-box; line-height: 1;">Like this article?</strong> <a href="https://leprivatebanker.com/register5/" style="box-sizing: border-box; color: #4265bc; position: relative; text-decoration-color: rgb(29, 185, 196); text-decoration-style: solid; text-decoration-thickness: 2px; text-underline-position: under; transition: all 0.3s ease 0s;"><strong style="box-sizing: border-box; line-height: 1;">Subscribe</strong></a> to trusted and in-depth educational content to gain an additional edge in the financial markets. </p><p style="background-color: white; box-sizing: border-box; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; margin: 0px 0px 1em; padding: 0px;"><br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-57114166246568136022020-09-08T10:38:00.002-04:002020-09-08T10:38:19.626-04:00Sony SNE Drops Lower Towards Supportive EMA On DailyDaily balanced with test of lower extreme for absorption.
This is confluent with the EMA50
Macro perspective still bullish but with signs of weakness.
Visual Quarterly Balance Sheet included in this post.
<a href="https://leprivatebanker.com/2020/09/08/sony-sne-drops-lower-towards-supportive-ema-on-daily/">Read more on The Private Banker >></a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-37686930765906571112020-09-08T10:37:00.002-04:002020-09-08T10:37:11.982-04:00NASDAQ Falls Second Day And Testing Previous Daily BracketFutures contract falling since two days.
Weekly established an outside bar.
While the macro is still bullish.
Hourly rotational to monitor extremes for now.
<a href="https://leprivatebanker.com/2020/09/08/nasdaq-falls-second-day-and-testing-previous-daily-bracket/">Read full article on The Private Banker >></a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-11126026086738626252020-09-08T10:35:00.008-04:002020-09-08T10:35:49.764-04:00Ethereum Declines Forth Day In A Row Testing HTF EMAsETH/USD declines forth day in a row.
Testing major daily EMAs for buyers.
Macro perspective shows weakness with outside bar.
<a href="https://leprivatebanker.com/2020/09/07/ethereum-declines-forth-day-in-a-row-testing-htf-emas/">Read more on The Private Banker >></a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-73066842001828102402020-08-27T12:49:00.008-04:002020-08-27T12:51:11.449-04:00Gold With Support Around Daily Bracket Low – Possible Inside Week Failure<div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhzeA4ZAeLdkfgInAgyxjcPMKIg4Ku_tmOtEQabu-gKLmDxorOUtJEZ6vnKeeAa88TTBqM8ju4zTRY_ePgdLvPwO6oJdgZaUWBt3fYnsnBJzJm8j_ZZRpU-LxtF9RPTP85aFzLTTFEqGiw/s1139/2020-08-27_18-12-41.png" style="display: block; padding: 1em 0px; text-align: center;"><img alt="" border="0" data-original-height="722" data-original-width="1139" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhzeA4ZAeLdkfgInAgyxjcPMKIg4Ku_tmOtEQabu-gKLmDxorOUtJEZ6vnKeeAa88TTBqM8ju4zTRY_ePgdLvPwO6oJdgZaUWBt3fYnsnBJzJm8j_ZZRpU-LxtF9RPTP85aFzLTTFEqGiw/s320/2020-08-27_18-12-41.png" width="320" /></a></div>
Gold is quite rotational and found support around the current bracket low on the daily periodicity. <div><br /></div><div> Macro perspective such as the Quarterly view testing the macro bracket high while the monthly is framing higher. Previous week was an inside week and the market found absorption around the prior low which could evovle into a bullish inside week failure.</div><div><br /></div><div><a href="https://leprivatebanker.com/2020/08/27/gold-with-support-around-daily-bracket-low-possible-inside-week-failure/">Reposted of The Private Banker</a></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-75921434983609299432020-08-27T12:47:00.009-04:002020-08-27T12:51:51.546-04:00NIO Breaks Out of Balance And Framing Higher + Balance Sheet Chart<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjPPMmFPzcvFflxXymxqxuhl3qMXYY12p-hyTehkk7T3y5j2dbIt3Ytf0HswuwkxF0IM9h3NkKNQWASN7MPqFStjOUbwUN6y-lAt_sd-H3ISIkG3SePBocgLeON95wZteW83I0N8GFcm-U/s1136/2020-08-27_18-13-45.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="719" data-original-width="1136" height="203" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjPPMmFPzcvFflxXymxqxuhl3qMXYY12p-hyTehkk7T3y5j2dbIt3Ytf0HswuwkxF0IM9h3NkKNQWASN7MPqFStjOUbwUN6y-lAt_sd-H3ISIkG3SePBocgLeON95wZteW83I0N8GFcm-U/w320-h203/2020-08-27_18-13-45.png" width="320" /></a></div><br /><div>The chinese EV (electronic vehicle) manufacturer <b>NIO</b> <u>broke out of its balanced behavior</u> on the <b>daily </b>periodicity which occured for several days above the major HTF EMAs and explores new highs anlongside <b>TSLA</b>. </div><div><br /></div><div>Macro perspective <u>framing higher</u> as well. <b>Weekly </b>with previous outside bar followed by change in the market context towards a balanced behavior with several inside weeks <u>broke out above that rotational price range</u>. <b>Quarterly </b>and <b>monthly </b>perspective <u>one-time-framing higher</u> to discover new higher prices.
</div><div><br /></div><div>Quite <u>optimistic </u>viewpoints out there. Pullback towards the <u>prior bracket high or mean to find new buying activity</u> probable. Could be <u>confluent</u> of a test with the EMA50 as well. We’ll see. </div><div><br /></div><div> Here the current <b><u>Quarterly balance sheet</u></b> of <b>NIO</b>:</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhdTURU7cETZhat2b9Ju9uRUOUlrUcASjoqM4lQN7OpshHC82U8EU_rBkERB8-cX1kscTm40iGHR1Ui5Y1OStsJitqWokz-QdSHV0cdxg3ISxfSrCfmdg3dKiXPDUoINvkzfdB5j-bvNno/s850/2020-08-27_18-31-55.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="527" data-original-width="850" height="198" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhdTURU7cETZhat2b9Ju9uRUOUlrUcASjoqM4lQN7OpshHC82U8EU_rBkERB8-cX1kscTm40iGHR1Ui5Y1OStsJitqWokz-QdSHV0cdxg3ISxfSrCfmdg3dKiXPDUoINvkzfdB5j-bvNno/w320-h198/2020-08-27_18-31-55.png" width="320" /></a></div><div><br /></div><a href="https://leprivatebanker.com/2020/08/27/nio-breaks-out-of-balance-and-framing-higher/">Reposted from The Private Banker</a><br /><div><br /></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-7608954330790221532020-08-25T11:28:00.002-04:002020-08-25T11:28:14.503-04:00Qualcomm inc. Testing Upper Balance Area On Daily + Balance Sheet Chart<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-fvZGlaggmG0dUe9yU7PS5nX4hhyphenhyphenrX2rc-mV-yeoxg_hKdkjqKUz48jz0-in8CV_3vNzoTBX57dLrQ8uOflLD-dIUIUbJsPl_60gGOomVPdjUtI41lMB1ji1zX3jka5Tgt-W1ERxts_M/s1081/2020-08-25_16-19-07.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="649" data-original-width="1081" height="192" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-fvZGlaggmG0dUe9yU7PS5nX4hhyphenhyphenrX2rc-mV-yeoxg_hKdkjqKUz48jz0-in8CV_3vNzoTBX57dLrQ8uOflLD-dIUIUbJsPl_60gGOomVPdjUtI41lMB1ji1zX3jka5Tgt-W1ERxts_M/w320-h192/2020-08-25_16-19-07.png" width="320" /></a></div><div><br /></div><div><br /></div>Qualcomm inc. (QCOM) is balanced and testing the upper extreme on the daily perspective. The market trades above the major HTF EMAs. Looking for bullish activity at the lower balance extreme and swing low for now <div><br /></div><div> Macro perspective is trending higher on the Quarterly and Monthly periodicity. However, the previous week closed as an inside week. The market testing the higher area for sellers. Could establish an inside week break higher to have a bullish sign. Second scenario would be absorption around the current highs to close with an inside week failure. In this case we would wait for a retest of the mentioned daily lower balance extreme for bullish activity and patterns. </div><div><br /></div><div> Here we go with the current visual Quarterly balance sheet chart for QCOM. More analysis and financials about other stocks on our forum for <a href="https://leprivatebanker.com/register5/" target="_blank">members</a>.</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiW5R8WpBYzqlfQl9he_v40MJZ0aOfWdDtSjmoSehr7nnMhdv2IFSk7u89YkJJGwI99lX1z1HcsPsI1wB89KxDdmX3p3Gtcqy6Hdj4cU-oOC3i_7__p-pMr1GihpUxX48Fd6bCh0EAZL9k/s962/2020-08-25_16-29-54.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="598" data-original-width="962" height="199" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiW5R8WpBYzqlfQl9he_v40MJZ0aOfWdDtSjmoSehr7nnMhdv2IFSk7u89YkJJGwI99lX1z1HcsPsI1wB89KxDdmX3p3Gtcqy6Hdj4cU-oOC3i_7__p-pMr1GihpUxX48Fd6bCh0EAZL9k/w320-h199/2020-08-25_16-29-54.png" width="320" /></a></div><div><br /></div><div><a href="https://leprivatebanker.com/2020/08/25/qcom-balanced-and-with-inside-week-balance-sheet-chart/">Reposted from The Private Banker</a></div><div><br /></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-18416701506034905432020-07-07T11:40:00.001-04:002020-07-07T11:40:35.114-04:00The VWAP Handbook<b>NEW </b>material for our coummunity is available. Discover the new <b>VWAP handbook </b>which shows the basic function of this indicator and further more various common scenarios on which we could lean on. A great addition to our <b><a href="https://leprivatebanker.com/2020/04/06/tpo-profile-handbook/">TPO profile handbook</a></b> to look for confluence between these two important tools in our trading methodology.<div><br /></div><div><a href="https://leprivatebanker.com/2020/07/02/vwap-handbook/">
Read the VWAP handbook here >></a> (Only members)
<div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieic09Qe38ZCSmXKueAg8n7siwZ7Xr4TMDiZ6JjbvOQkIldpgFQvWJo2ckoO-OHtKluif3wgp8FW0RvOYzdAVlURDyDZN9IZ4rh6W6BkKx81xEbsccto7EzYNhIuT-UqRRbYSK962iT44/s709/2020-07-02_21-05-28.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="709" data-original-width="568" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieic09Qe38ZCSmXKueAg8n7siwZ7Xr4TMDiZ6JjbvOQkIldpgFQvWJo2ckoO-OHtKluif3wgp8FW0RvOYzdAVlURDyDZN9IZ4rh6W6BkKx81xEbsccto7EzYNhIuT-UqRRbYSK962iT44/s320/2020-07-02_21-05-28.png" /></a></div><div><br /></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-29531114824073338322020-06-02T06:10:00.001-04:002020-06-02T06:11:05.963-04:00Crude Oil WTI CLN20 Heading Towards GapThe CLN20 contract (Continues Back-adjusted) heading towards the open gab once
the market broke out of the micro bracket which is visible on the daily
perspective. Looking at the hourly periodicity we can observe three areas which
market could pullback towards to find potential support. The previous micro
bracket's high, the mean of the prior balance area and it's lower extreme. For
now we can wait for either a bearish pattern to conclude the pullback scenario
or simply waiting for a bullish pattern to continue the trend towards the open
gap which should be revsited and filled soon.
<div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix9Nl5SqjgK5Fj_WPKnM-YGsjf7pDZUEkaswo3CiQeZDWyg8zrrYwdQkXhPAsyoiyJV7b8QHeu1GCZFXNVcQcgfYad-HcJy2Qs_F_i1J4AWj-CoMCoShhKxoH3F1GAS2nBnp2laViUtes//" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="457" data-original-width="753" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix9Nl5SqjgK5Fj_WPKnM-YGsjf7pDZUEkaswo3CiQeZDWyg8zrrYwdQkXhPAsyoiyJV7b8QHeu1GCZFXNVcQcgfYad-HcJy2Qs_F_i1J4AWj-CoMCoShhKxoH3F1GAS2nBnp2laViUtes/s320/2020-06-02_11-57-33.png" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7WH9Tvmf3l52aB3yu6iUTH7ILNxojFwc3DIBzhg82BcwSyMV21VCLZd-0QCrOUz4-Wb_PMVENXLiAONaXUT_ClZ4zCCPGM-CNbvhmw4zbOJN03HjYgdYJi47aIFPS3-B5e7gKgcPRSWQ//" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="490" data-original-width="959" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7WH9Tvmf3l52aB3yu6iUTH7ILNxojFwc3DIBzhg82BcwSyMV21VCLZd-0QCrOUz4-Wb_PMVENXLiAONaXUT_ClZ4zCCPGM-CNbvhmw4zbOJN03HjYgdYJi47aIFPS3-B5e7gKgcPRSWQ/s320/2020-06-02_12-03-34.png" width="320" /></a></div><div><br /></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-48389094658776278012020-06-02T05:47:00.000-04:002020-06-02T05:53:11.330-04:00E-mini S&P 500 Trending Higher Towards Bracket High (SPX - Plain Analysis)Yesterday the ES June contract (ESM0) closed as an inside day without testing the high or low of Friday's price range. As the market dips into the high highs we can conclude a possible inside day failure pattern. For this we should look out for absorption patterns on the lower timeframes such as the hourly periodicity. A conclusion would be a pullback to the previous balnaced price range followed by support again. However the market heading towards the next level of possible resistance which would be the prior bracket high. Let's see how the market will evolve around the highs for now.<br />
<br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiKYRWmgxR4Vgo9kISXQco3S0u5NQPqKILTLvImbfPYP-xr1YddK2YcrwJbaTkpBxj_EI1ad3LlKLNud7onJuyQU-0-gU0DXhdQBD01yii1I9gvu_RDg0UAIV7ZYf2k6IAIWI-vIfxnz3g/s1600/2020-06-02_11-38-59.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiKYRWmgxR4Vgo9kISXQco3S0u5NQPqKILTLvImbfPYP-xr1YddK2YcrwJbaTkpBxj_EI1ad3LlKLNud7onJuyQU-0-gU0DXhdQBD01yii1I9gvu_RDg0UAIV7ZYf2k6IAIWI-vIfxnz3g/s320/2020-06-02_11-38-59.png" width="320" height="232" data-original-width="655" data-original-height="474" /></a></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhOkEp0pMv10ETcp48c0dt6KCLhEqDXvCLEcL-K8P7C69uwCturXpgDgVFyT3if-Ed3oqXmdpTHAYqrgBsyOk9JcHHuJxodaBWle3A8HDr7IdQLfFTT7Npbn-UpUUssfpEKI8FVspxMNSc/s1600/2020-06-02_11-40-18.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhOkEp0pMv10ETcp48c0dt6KCLhEqDXvCLEcL-K8P7C69uwCturXpgDgVFyT3if-Ed3oqXmdpTHAYqrgBsyOk9JcHHuJxodaBWle3A8HDr7IdQLfFTT7Npbn-UpUUssfpEKI8FVspxMNSc/s320/2020-06-02_11-40-18.png" width="320" height="242" data-original-width="634" data-original-height="480" /></a></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-896678568360988544.post-2073628746643154782020-04-21T03:35:00.001-04:002020-04-21T03:35:56.759-04:00ES Resistance around Year's VWAP Close LevelES with a new daily bracket area. The test of the bracekt's low is probable. Hourly with a downside rotation once market found resistance around the previous Year's VWAP with some absorption. Monitoring swing highs and lows for now.<br />
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<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjujULATslXCAyLCXJmL8hA0jobi-uQUYtzV6gMTnofiA3gc0z_Z8x6eJDIKR4IrD7lKCkHQ8BMWAgG_OW4597zOTGWtnkWOsNZjwKHgXMQMRHarakjRis4pSaHVgmvGptgLvNU31A7DJY/s1600/2020-04-21_09-25-41.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjujULATslXCAyLCXJmL8hA0jobi-uQUYtzV6gMTnofiA3gc0z_Z8x6eJDIKR4IrD7lKCkHQ8BMWAgG_OW4597zOTGWtnkWOsNZjwKHgXMQMRHarakjRis4pSaHVgmvGptgLvNU31A7DJY/s320/2020-04-21_09-25-41.png" width="201" height="320" data-original-width="432" data-original-height="689" /></a></div>Unknownnoreply@blogger.com0