News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Wall Street
More View more
Real Time News
  • The British Pound may fall if EU and UK negotiators fail to reach a consensus as the December 31 deadline nears. The third presidential debate is on deck, how might markets react? Find out from @ZabelinDimitri here:
  • “National security officials on Wednesday announced that Iran and Russia have obtained swaths of voter registration information that could support their efforts to interfere in the 2020 presidential election” - Politico
  • Market Snapshot #SP500 and #ASX200 futures sliding lower after the US government stated that Iran and Russia have been attempting to interfere in the #USPresidentialElections2020 The risk-sensitive $AUDUSD losing ground while the 'safe haven' $JPY and $USD gain ground
  • 🇯🇵 Foreign Bond Investment (17/OCT) Actual: ¥419.8B Previous: ¥1946.5B
  • FBI to make an announcement on a ‘major election security’ issue shortly - CNBC
  • US Director Of National Intelligence Radcliffe: Identified Russia, Iran Have Taken Action To Interfere With Election
  • Heads Up:🇯🇵 Foreign Bond Investment (17/OCT) due at 23:50 GMT (15min) Previous: ¥1946.5B
  • The Dow Jones, S&P 500 and AUD/USD could be at risk of extending losses as retail investors increase upside exposure. What are key technical levels to watch for? Find out from @ddubrovskyFX here:
  • An average of US 10Y and 30Y Treasury yields has hit its highest since early June, taking out the ceiling established in late August Confidence in a fiscal package seems to be being relayed in bonds for the time being Meanwhile the anti-risk #USD took another hit over past 24hr
  • The Australian Dollar is once again testing a critical support zone and we’re looking for inflection this week. Get your $AUD technical analysis from @MBForex here:
Technical Focus: Stocks Dump; What to Watch in SPX and Dow

Technical Focus: Stocks Dump; What to Watch in SPX and Dow

2017-03-21 21:30:00
Jamie Saettele, CMT, Sr. Technical Strategist
  • Watch the SPX 2017 trendline
  • Momentum considerations on the daily aren't terrible yet
  • NEW Real Time Sentiment page!

Stock markets tanked on Tuesday. The SPX registered its first 20 day closing low since before the US election in November. The Dow registered its first 20 day closing low since January. A few things to remember; the indexes were at all-time highs on the first day of March and the daily momentum profile has been overwhelmingly positive. When I refer to momentum profile, I'm referring to RSI. Extreme readings (such as above 80) often mark short term peaks but more important tops often display divergence with the indicator. This isn't always the case of course but it is a good guideline. If the market environment is still bullish, then the next price low probably occurs with RSI bottoming near 40 (above 30 at least).

Price wise, there is a short term trendline to be aware of in SPX near 2320. A related parallel is probably near term resistance at 2365.

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