Fibonacci

What's Next For The S&P: "All Eyes On 1,950" The Charts Say

With global equity and especially FX markets underoing historic moves in the last two days, every trader's playbook has been tossed aside as setups and trendlines everywhere have been broken. So for everyone trading on nothing but momentum - which these days is most, and certainly all algos  -  here are some observations from BofA's chief technicial Stephen Suttmeier who says that with the S&P failing to breach 2,100 again, and having broken 2025, "all eyes are now on 1950."

Will The (Falling) Buck Stop Here?

The recent decline in the U.S. Dollar has people wondering where it might stop; its chart suggests right here is as good a spot as any.