The Global Update

OVERVIEW: The Detrended Price Oscillator (DPO) helps identify market cycles by focusing on cyclical patterns that dictate price peaks and troughs, excluding ongoing trends. DPO can be a useful tool in determining entry and exit points, identifying overbought/oversold conditions, and

OVERVIEW: The Three Rising Valleys pattern is a bullish chart formation, suggesting a potential price increase for an asset such as a stock, commodity, or currency. Trading the pattern involves either standard or early entry methods, with a stop loss

  View Upcoming Government Reports & Holidays for the month. The Global Update blog features various blogs from throughout the month. Key Events That Moved the Market in the previous month are detailed. 

Cognitive biases are habitual ways of thinking that often significantly affect the way we make decisions. These habits can be hard to identify because they seem natural to the way we think. Perhaps they are, but they’re often fundamentally flawed.

What Did OPEC+ Decide This Month? The OPEC+ group’s Joint Ministerial Monitoring Committee (JMMC) met on Monday (4/3/2023) and surprisingly decided to cut oil production even more. Major oil-producing countries, including Russia, agreed to decrease production by an additional 1.66

  View Upcoming Government Reports & Holidays for the month. The Global Update blog features various blogs from throughout the month. Key Events That Moved the Market in the previous month are detailed. 

Demystifying the Cloud: A Comprehensive Guide to Ichimoku Cloud Charts The Ichimoku Cloud is a versatile market analysis tool, providing insights on support and resistance levels, trends, and potential future price movements. Consisting of five components, the Ichimoku Cloud allows

When you trade in a highly-leveraged market that’s potentially rife with risk, it’s not enough to just understand how the market works. You also need to be able to control your emotions and, more importantly, your reactions to what’s unfolding

CME Group recently announced that they will launch two new Micro E-mini Equity futures contracts: Micro E-mini S&P MidCap 400 and S&P SmallCap 600, on March 20 (pending regulatory review). Micro E-mini Equity Products: Micro E-mini S&P 500 futures Micro

  View Upcoming Government Reports & Holidays for the month. The Global Update blog features various blogs from throughout the month. Key Events That Moved the Market in the previous month are detailed.