Jobless claims came in lower for the third straight week in a row. Revisions are slightly holding us back as previous numbers keep getting revised higher. The overall trend is lower however, and seeing a steady in the jobs market could be what investors are looking for.
Data From The EdgeFinder!
🚀 40% off code: TGVIP
👉 Get the EdgeFinder
Here is bitcoin's COT vs retail positioning. We can see that retail is getting increasingly long while COT is dropping their positions. This could be telling us that this current wave of price swings could be retail-led. With the introduction of more options trading on BTC ETFs, institutions and retail traders alike could be flooding the market with interest.
Data From The EdgeFinder!
🚀 40% off code: TGVIP
👉 Get the EdgeFinder
Bitcoin to $100,000
The reason Bitcoin's price could come up to $100k by month end is not just because it's very close to target, but because there are opportunities for the crypto to fly to $110,000. Options on crypto ETFs have been launched by Black Rock to allow and encourage further speculation in the coin's price. This could lead to short term interest and take Bitcoin past expectations, become over extended, and possibly correct. In the short term, $110,000 might be the top, with support much lower at $80,000.
-Frank
S&P 500
The market slid this morning on Russia-Ukraine tensions. Now price is back to break even on the day as we await NVDA’s earnings after the bell on Wednesday. Walmart beat earnings this morning which was good news for the countercyclical business and may suggest higher demand in consumer defensive stocks. However, we now have perhaps the biggest earnings play of the year at 4 pm EST tomorrow. This report will likely set the tone for all of tech, especially semis and AI companies. If we do see a beat in both EPS and revenue along with an upward guidance, we will likely get the green light on indices.
Data From The EdgeFinder!
🚀 40% off code: TGVIP
👉 Get the EdgeFinder
BLACK FRIDAY IS HERE.
EVERYTHING IS 40% OFF.
Get every trade we share, full breakdowns, REAL brokerage accounts being traded.
No "demo balling" signals services.
If you want to learn, and trade alongside veterans Nick, Frank, Eivind, and Chris Pulver...
Now is your chance.
BTCUSD Daily Chart
The crypto gods are favoring us this day.
Bitcoin just became my top performing trade this year...
- Nick
I'm watching several charts - but I wanted to share this screenshot.
I am finding it hard to find new entries at this time, because several of the top setups ideas are currently not fully agreeing with price action.
I would like to see a technical setup + fundamental setup, and currently don't see many setups that have confluence between the two.
Staying patient, but watching!
- Nick
For the first week in a while, there is a clear shift away from stocks last week. SPX is the top seller at -7.09%, and the rest of the indices were sold as well. Just about everything saw a negative net positional change except, AUD, ZAR, EUR, GBP and NIKKEI.
Data From The EdgeFinder!
🚀 40% off code: TGVIP
👉 Get the EdgeFinder
Gold Daily Chart:
I'm watching cautiously here... The post election selloff in gold seems to be trying to find a bounce at these levels.
However, we recently saw a similar attempt to bounce, that was met with a strong bearish move lower.
The US dollar's recent strength, due to a robust US economy, is a major headwind I see for gold at this time.
Unless inflation begins to cool again, and US economic data slows, I remain neutral / slightly bearish on this one.
- Nick
🚀 SAVE $560 on the EdgeFinder with code TGVIP
Access the EdgeFinder at our biggest discount of the year! Level up your trading strategy with advanced insights and data-driven tools that give you a clearer view of the markets.
EdgeFinder Pro Features:
⭐️ Top Setups
⭐️ COT Data Scanner
⭐️ Smart Money Indicator
⭐️ Forex Scanner
⭐️ Indices Scanner
⭐️ Gold / Metals Scanner
⭐️ Retail Sentiment Data
⭐️ Seasonality
⭐️ Market Heatmap
⭐️ Price Forecasts
⭐️ Risk on/Risk off Indicator
& more!
🔴 40% off Code: TGVIP (Save $560!)
Get access now: https://a1trading.com/edgefinder/
NASDAQ Daily Chart:
Sharp reversal here today, drastically changing this week's stock market performance.
The selloff is led lower by the technology sector and specifically the semiconductor industry stocks.
Powell's commentary yesterday seems to be spooking stock investors, who may have been hopeful for a more dovish outlook / more rate cuts next year.
Overall, I remain bullish on indices, but taking profits for the week ahead of the weekend.
- Nick
A higher CPI reading was expected and became the outcome on Wednesday. As long as CPI can stay below 3%, there might not be any fears of rate hikes in the future. We still have December's number to suggest where the trend could be heading for 2025.
Data From The EdgeFinder!
🚀 40% off code: TGVIP
👉 Get the EdgeFinder
A drop is not the best word to describe pre-market activity today as the S&P is only down 0.10% after PPI numbers came out. The index is now only a +2 on the EdgeFinder after all the indices were up at the top of the list earlier this week and last week. When Powell speaks today, we will likely hear him remain cautious towards inflation and may anticipate growth in the economy and jobs going into the end of the year. If we do not hear any key hawkish words from him, the market may consolidate or move higher.
Data From The EdgeFinder!
🚀 40% off code: TGVIP
👉 Get the EdgeFinder
GET OUR TRADE ALERTS.
One time payment.
Lowest price all year long.
Use code TGVIP here: https://a1trading.com/vip/
Questions? Want to see examples or our track record?
We got you. Send us a DM here:
https://tawk.to/chat/62e5d26254f06e12d88c1ec2/1g98rrk80
NASDAQ, SPX and DOW are mixed while RUSSELL and gold are getting bought. The crowd is also getting long USOil despite the amount of oil production happening in the US. This could be a short term trade to the upside as geopolitical tensions increase in Russia-Ukraine.
Data From The EdgeFinder!
🚀 40% off code: TGVIP
👉 Get the EdgeFinder
Gold is making another attempt at the highs after geopolitical tensions swell in Ukraine/Russia. This has not really affected Bitcoin's price, but it has startled the US markets. If the metal continues to climb, price could come up to the $2,680s and form a head and shoulders pattern on the 1D timeframe. Gold had a year notching better returns than the stock market, but upside seems more limited than other assets such as stocks, bitcoin, dollar (maybe). I would imagine that when tensions fall again, so will the price of gold.
-Frank
👀 Our best trading picks for 2025 👀
Myself, Frank, Eivind, and Chris have all shared our targets for next year on equities, commodities, currencies, crypto, & treasuries
🔓Want access? Join the VIP Discord to view Nick, Frank, Chris, & Eivind's 2025 target predictions!
🚀 40% OFF The VIP Discord!
Use code TGVIP
JOIN NOW
40% OFF CODE: TGVIP
VIP info & signup: https://a1trading.com/vip/
Have questions? Want to pay with crypto? Want to see examples?
MESSAGE US: https://tawk.to/chat/62e5d26254f06e12d88c1ec2/1g98rrk80
Gold bounced for the second day after a harsh pullback to a strong trend line. The metal may have limited upside as demand for the dollar and stocks stays high. This short term swing could be another setup to the short side after price tested resistance above $2,615. Gold had a good technical bounce off a clear support level, but it might not be enough to bring prices back to all time highs. The EF ranks gold at a -4.
- Frank
Data From The EdgeFinder!
🚀 40% off code: TGVIP
👉 Get the EdgeFinder
There was another change of 0.4% retail sales growth last month indicating steady rises in consumer spending. This is a good sign because investors don't want to see a surprise increase in spending and at the same time, don't want to see a decline. The economy needs to stay healthy, but not rum rampant and cause another inflationary concern.
Data From The EdgeFinder!
🚀 40% off code: TGVIP
👉 Get the EdgeFinder
Gold caught a swing back to the upside this morning which could break the 6 day losing streak falling 8% off the highs. Price came down to a significant trend line on the 1D timeframe and is now up 1.79% today. This could be a good entry for buyers this week, but we will have to see if the metal can stay above the $2,600s level. This could be a short term swing from being oversold.
-Frank
🌟 Achieve Elite Trader Status with Vantage Elite! 🌟
Pass the "Challenge Phase" and "Evaluation Phase" to secure 80% of your trading profits! Vantage Elite empowers traders with premium funding, cutting-edge tools, and dedicated support to reach their financial goals.
What makes Vantage Elite stand out?
✅ Keep 80% of your trading profits
✅ Gain access to exclusive trading resources
✅ Enjoy expert assistance every step of the way
💼 Ready to elevate your trading? Start today! 👉 Learn more
Terms & conditions apply.
🚨 My Trading Strategy Revealed 🚨
My strategy starts with the fundamentals. I use the EdgeFinder to analyze economic data and score assets, which helps me identify which ones have the strongest setups. When the EdgeFinder scores an asset as highly bullish or bearish, that’s my cue to prioritize that trade.
🔍 Aligning with Technicals
Once I’ve got my fundamental direction, I look for technical setups that confirm the move. For example, if the EdgeFinder shows a bullish asset, I look for a pullback or key support level to enter. If it’s bearish, I search for resistance or price rejection to confirm the trend.
📈 Why This Works
By combining strong fundamental analysis with precise technical entries, I’ve seen my trade quality improve significantly. It’s not just about finding a good entry; it’s about making sure the fundamentals are in my favor.
Want to learn more about my strategy? Watch the full video here!
- Nick
40% OFF PULVER ALERTS!
Get exclusive access to Chris Pulver’s trades with A1 Trading’s Pulver Alerts!
Chris's Track Record:
📈 Annualized Gains 17.39%
📈 Best Trading Year Over 650%
📈 Private Trading Room Performance (Stocks/Options) 71% win rate with over 1,000 trades logged
📈 Private Trading Room Performance (FX) Averaged over 39,000 pips per year
Please note: Chris's trades are available as an add on only and are not included with our VIP memberships.
🏆 Get Pulver Alerts: (40% Off!)Was: $499 (One time fee!)
Now: $299 with code TGVIP
👉 GET ACCESS NOW
The dollar has seen an overall decline in bullish sentiment since September. Still, it continues to climb towards last year's highs in October. What we can interpret from dollar strength is that output, jobs and inflation could rise as a response to the change in presidency and risk-on appetite. Usually the dollar is a risk-off indicator, but it also rises on growth especially if it will hold more value than other major countries that are struggling economically.
Data From The EdgeFinder!
🚀 40% off code: TGVIP
👉 Get the EdgeFinder
Gold did end up falling after breaking key support around $2,600 and is now testing support in the mid $2,500s. The metal has now closed the gap from the September highs which was the first month the Fed cut rates in this cycle. Gold might have found a bottom here if investors find this a fair level for gold's value to be. Although upside doesn't seem very optimistic, it wouldn't make much sense to see price fall back to the June lows. Additional support around $2,480 which may be the last line of defense.
-Frank