Relative strength index

The S&P 500 has added to its winning streak last week, gaining for the fourth straight week and looking on track to deliver its best monthly performance for the year.

2023-11-28T08:41:08+0000

The S&P 500 has registered its third straight week of gains, as further dips in US treasury yields and a weaker US dollar continue to be supportive of risk-on sentiments.

2023-11-21T07:30:18+0000

Since the daily soybeans front month futures chart is showing negative divergence on the Relative Strength Index, we would like to sell soybeans.

2023-11-20T13:50:40+0000

The rally in Wall Street took a breather overnight, as Treasury yields attempted to recover following its post-CPI sell-off.

2023-11-16T02:49:00+0000

Since the daily Arabica coffee price chart is showing negative divergence on the relative strength index, we would like to sell Arabica coffee, ideally on a minor bounce towards 17,000, with a downside target at 14,700.

2023-11-13T13:10:14+0000

The bounce in US Treasury yields on Tuesday came short-lived, as bond yields continued their decline overnight and supported strength in rate-sensitive tech.

2023-11-08T02:10:35+0000

Overnight, Wall Street added to its recent gains on another dip in longer-term Treasury yields, as markets continue to bask in the hopes that the Fed is likely done with its rate hiking process.

2023-11-03T02:08:41+0000

Being one of the "Magnificent Seven" stocks which account for the bulk of the US indices’ gains year-to-date, its upcoming earnings may play a crucial role in determining the indices’ trend into year end.

2023-10-30T06:59:53+0000