https://sevensreport.com/wp-content/uploads/2018/12/Barrons-logo-200x250.jpg200250Customer Servicehttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngCustomer Service2019-09-23 11:01:162019-09-23 11:05:40Tom Essaye Quoted in Barron's on September 20, 2019
The Dow Industrials showed signs of technical weakness in the form of a bearish “outside reversal” on Wednesday that could be forecasting a profit taking pullback in the index. A violation of 19,748 would be near-term bearish from a charting standpoint.
https://sevensreport.com/wp-content/uploads/2016/12/TNX-12.14.16.png261406Tyler Richeyhttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngTyler Richey2016-12-15 08:00:222016-12-14 16:25:55Chart of the Day: 10 Yr Yield Screams to New Multi-Year High
The bull market in the dollar index remains very much alive, but if the Fed surprises dovishly today, it is possible that technical and psychological support at 100 is violated which would lead to a pull back into the upper-90s.
https://sevensreport.com/wp-content/uploads/2016/12/DX-12.13.16.png260407Tyler Richeyhttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngTyler Richey2016-12-14 08:00:572016-12-13 16:01:31Chart of the Day: Key Dollar Support Ahead of the Fed
Copper futures finally violated the post-election uptrend yesterday suggesting that some profit-taking will likely occur in the coming sessions. $2.50 should be looked to for initial support in the US futures contract.
https://sevensreport.com/wp-content/uploads/2016/12/HG-12.7.16.png260407Tyler Richeyhttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngTyler Richey2016-12-08 07:00:222016-12-07 16:00:28Chart of the Day: Copper Breaks Uptrend Support
WTI crude oil futures surged last week, but have yet to materially break out of their multi-quarter trading range between $40 and $50/barrel. Today, focus will be on the weekly EIA inventory report to see if the data can help propel the energy market back to fresh highs.
https://sevensreport.com/wp-content/uploads/2016/12/CL-12.6.16.png259407Tyler Richeyhttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngTyler Richey2016-12-07 07:00:392016-12-06 16:23:17Chart of the Day: Oil Poised to Break Trading Range
Since the unexpected Republican sweep in the US elections, the combination of strong growth expectations and more recently, upbeat Chinese manufacturing data has spurred an impressive rally in copper futures.
https://sevensreport.com/wp-content/uploads/2016/12/HG-12.5.16.png260403Tyler Richeyhttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngTyler Richey2016-12-06 08:00:102016-12-05 16:03:27Chart of the Day: "The Doctor" Extends Gains
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