XAUUSD Dipping on Hourly in Area of Strength

XAUUSD is in the bullish area on the daily chart on the left. A bullish cross of EMAs and stochastic on the hourly (on the right) will potentially align short-term traders with the daily. If these occur, a movement of stochastic to 80 level and maintenance thereof increases the potential for a successful trade. Trend following indicators may be useful in...

Tesla melt-up pulls entire market higher

Today we look at Tesla news inspiring an aggravated melt-up in Tesla shares, as the company's market valuation passes $1 trillion and is now so large that it contributed significantly to pulling the major indices higher yesterday as well. Also, we delve into the latest earnings news, especially Facebook's, look...

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