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  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.58% France 40: 0.54% FTSE 100: 0.39% Wall Street: 0.34% US 500: 0.27% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/TDT69DjXeV
  • S&P 500 Rally May Lift Hang Seng, ASX 200 on Dovish Fed, 3rd US Vaccine. https://www.dailyfx.com/forex/market_alert/2021/02/25/SP-500-Rally-May-Lift-Hang-Seng-ASX-200-on-Dovish-Fed-3rd-US-Vaccine.html https://t.co/w22gDJEcXa
  • 🇯🇵 Coincident Index Final (DEC) Actual: 88.3 Expected: 87.8 Previous: 89.0 https://www.dailyfx.com/economic-calendar#2021-02-25
  • RT @FxWestwater: Crude Oil Price Forecast: Demand and Supply Drivers Firing on All Cylinders Link: https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/02/25/Crude-Oil-Price-Forecast-Demand-and-Supply-Drivers-Firing-on-All-Cylinders.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Westwater&utm_campaign=twr https://t.co/5…
  • Consolidation or bull flag? A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. Learn how to better spot these formations here: https://t.co/yOEvLjKnct https://t.co/YKS41u2Ptg
  • Risk appetite has spread heading into Thursday trade with more than just the SPX taking the lede. GameStop ($GME) is back in the top performance depth chart. What does this mean for trends ahead? My analysis: https://www.dailyfx.com/forex/video/daily_news_report/2021/02/25/GameStop-Commands-the-Speculative-Headlines-as-SP-500-and-Yen-Crosses-Rally.html?ref-author=Kicklighter&QPID=917719&CHID=9 https://t.co/54seZPSCN0
  • Heads Up:🇯🇵 Coincident Index Final (DEC) due at 05:00 GMT (15min) Expected: 87.8 Previous: 89.0 https://www.dailyfx.com/economic-calendar#2021-02-25
  • Heads Up:🇯🇵 Leading Economic Index Final (DEC) due at 05:00 GMT (15min) Expected: 94.9 Previous: 96.1 https://www.dailyfx.com/economic-calendar#2021-02-25
  • Canadian Dollar Price Forecast: USD/CAD, CAD/JPY, CAD/CHF, EUR/CAD - https://www.dailyfx.com/forex/technical/home/analysis/usd-cad/2021/02/25/Canadian-Dollar-Price-Forecast-USDCAD-CADJPY-CADCHF-EURCAD.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr $CAD $USDCAD $CADJPY $CADCHF $EURCAD https://t.co/e8Xc41LGna
  • Time-cycle analysis suggests that the Japanese Yen could slide significantly lower against its major counterparts. Key levels for AUD/JPY, EUR/JPY and GBP/JPY. Get your market update from @DanielGMoss here:https://t.co/WPq4Z9zzEw https://t.co/Lx6enU1uEd
US Stock Market Rallies

US Stock Market Rallies

Thomas Long, Course Instructor

This 4-hour chart of the SP500 shows a market that is moving up after having found support above the 1171.00 level. We were looking at that level as a line is the sand to where a move down through 1171.00 might open the door to more selling pressure and a stronger USD. However, the market is now starting to move up and appears poised to move up through resistance instead. This move is based on stronger economic numbers coming out of the US and may be enough to push the USD up also. A move up through the previous high of 1207.10 may open the door to more buying interest and an eventual test of the 1227.90 multi-year high from earlier this month.

SP500_body_73339d1291222367-chart-day-sp500-1201.png, US Stock Market Rallies

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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