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Stocks printed a huge bullish reversal on Tuesday. Stocks had a huge day, gaining nearly 5% on the day.  There are bearish divergencs on the oscillators which we often see at cycle lows. Tuesday was only day 26 for the daily equity cycle, which is early to expect a daily cycle low.  But given the e

The Cboe Crude Oil ETF Volatility Index jumped to a record high of 115.9 on Monday as prices fell sharply on prospects of an all-out price war between Saudi Arabia and Russia.  The index measures the market's expectation of 30-day volatility of crude oil prices by applying the VIX methodology to the

Risk-on weighed on gold on Wall Street, but Asia is making for some risk-off volatility again. US dollars were back in vogue with the DXY rising 1.7% on the day, also weighing on gold. The risk-on tone in markets saw the precious metals sector suffer. overnight although the price of gold is perky i

Global stocks are staging a recovery today after yesterday’s crash. In the currency markets, Canadian and Dollar are currently the strongest ones for today. Yen and Sterling are the weakest. Governments are preparing or announcing special coronavirus relief packages. EU leaders will also have a vide

S&P 500 bounced back at 2420.00 up 6%  Dow Jones bounced at 20696.00 up 5.2%  Nasdaq up 6.23%, next resistance level at 7575.00  Gold vs US dollar bounced at 1455.00 in the weekly chart  US Oil dropped more than -45% in 14 days, fell below 28.00 support level in today's session