The purpose of our market commentary is for an analysis of market structure issues, chart analysis, as well as general market review. Where trading and investing are required to be fun, easy, and approachable. Trade Selecter mission is to give you user-friendly valuable yet straightforward to understand the information in the decision-making process - for virtually any individual ranging from market newbie to professionals.
Weekly Market Review & Analysis For August 29, 2022
We remind our Dear readers of the Trade Selecter motto that a market correction is equal to and the opposite of the claptrap it preceded. This alone should make the Main (Primary) Trend in...Weekly Market Review & Analysis For August 22, 2022
The market began the week with a thud and finished with a louder thunder sound. The primary catalyst for the market was Fed Chair Powell's speech on policy during Jackson Hole Econo...Weekly Market Review & Analysis For August 15, 2022
The S&P500 gained 1.1 percent for the week ending on Tuesday at 4325. This was just a fraction of the Inner Index Rally 4330, provided some serious resistance, and served as...Weekly Market Review & Analysis For August 8, 2022
Although cryptocurrency is an asset class we usually study, a report from Morgan Stanley sheds light on the latest exciting factor to consider when considering this type of investment. Typically...Weekly Market Review & Analysis For August 1, 2022
The market at the beginning of August had another successful trading week. It wasn't a simple task, but market participants kept the same positive outlook as in July. Things began on a slow...Weekly Market Review & Analysis For July 25, 2022
Following market this week was exhausting as we headed through the week. It was a tumultuous week of headlines that were eventually accompanied by some vast gains, which boosted some...Weekly Market Review & Analysis For July 18, 2022
The market has been wild and volatile this year. As we have discussed in previous articles, it is affected many growth companies we talk about at TradeSelecter. The pullback has penalized...Weekly Market Review & Analysis For July 11, 2022
The coming months appear to be a "moment of truth" for bitcoin's exchange rate and crypto market. It's largely dependent on the Federal Reserve to decide the fate of the...Weekly Market Review & Analysis For July 4, 2022
While the market(s) attempt to determine the direction of the general economy, certain types of assets feel the changes in expectations more than other asset classes. The Fed seems to...Weekly Market Review & Analysis For June 27, 2022
The U.S. stock market was trading lower at the beginning of Q3, along with the world markets continuing to deal with the uncertainty surrounding the recession that has gotten worse as...Weekly Market Review & Analysis For June 20, 2022
The market of Friday put a finishing mark on a comeback in a short trading week. It was significant, with huge gains for the major indexes. To give a perspective on this, take a look...Weekly Market Review & Analysis For June 13, 2022
The market was up around midday on Friday due to a 7 percent decline in the price of crude oil. Even with today's ~0.80 percent increase within the S&P 500, the index is still down five...Weekly Market Review & Analysis For June 6, 2022
The major market S&P 500 index was up on Tuesday and Monday and bounced between our Mean Sup 4088 and Key Res 4177. But from the Wednesday session, all went downhill. It was...Weekly Market Review & Analysis For May 30, 2022
In all the heated talking, we are already into June, and the Fed Funds rate is just 75 basis points. Powell is likely to change direction once more, and it will occur in the second quarter of this...Weekly Market Review & Analysis For May 23, 2022
The Euro gained quite a bit over the trading week, breaking over our Key Res 1.062 price level. There's a substantial amount of resistance in the 1.08 area. The euro market should come...Weekly Market Review & Analysis For May 16, 2022
The market has been volatile over the entire month as the market has failed once and again to build any long-term upward momentum. The indicators exhibit greater volatility but with very...Weekly Market Review & Analysis For May 9, 2022
This week, the market's major indices fell over 2.0%. The sentiment was strained due to an S&P 500 temporarily breaking below the crucial 4,000 level; weakness in mega-caps, including...Weekly Market Review & Analysis For May 2, 2022
In a general flight from precious metals toward the U.S. Dollar, the Euro, British Pound, and Japanese Yen fell while the U.S. Dollar increased. As a result, hedge funds on the Comex...Weekly Market Review & Analysis For April 25, 2022
If you’re active in the market and new to this TradeSelecter.com website, our passion for looking at tea leaves and charts might seem dubious. Notwithstanding, it comes down to simple...Weekly Market Review & Analysis For April 18, 2022
On the latter, the S&P 500 market couldn't stay at our Inner Index Dip 4337 and fell farther down: The target price is revisiting the completed Outer Index Dip 4150, and much lower...Weekly Market Review & Analysis For April 11, 2022
The market prices of silver and gold climbed this week, with Comex silver volumes increasing while gold volumes stayed subdued ahead of the Easter holiday. Gold traded at $1,972...Weekly Market Review & Analysis For April 4, 2022
After embarking on a Key Res at $47,900 retest this month, Bitcoin has punctured coin sentiment by sliding into a direction to Mean Sup $41,100. In a classic price action, bitcoin...Weekly Market Review & Analysis For March 21, 2022
The S&P 500 index battled with our Mean Res 4470 but was able to finish the week with a higher level than the mark and hit a six-week high in the final trading session of the turmoil...Weekly Market Review & Analysis For March 14, 2022
The bearish mood prevalent during the week formed the foundation of our S&P 500 Mean Sup 4170 for the massive rise. There have been short-covering that was in the mix and also...Weekly Market Review & Analysis For March 7, 2022
In fascist Canada, we now have bank accounts frozen. In the empire of lies, we have frozen international reserve funds. The prestigious LME is removing trades that hurt their brokers...Weekly Market Review & Analysis For February 28, 2022
The metal market movement is bigger than the Ukraine crisis. Many decades of monetary policy are unraveling. This means that we are facing what could be an event that is so massive that...Weekly Market Review & Analysis For February 21, 2022
The whole world seems to be following the news of the Russian Shock and Awe on Ukraine. In the crypto world, this news led to sharp price drops and a lot of uncertainty. However, prices...Weekly Market Review & Analysis For February 14, 2022
The short-term outlook suggests that gold is overbought and expected for a takedown before rising further. This argument appears to be backed by the enormous increase in open...Weekly Market Review & Analysis For February 7, 2022
Should we be holding or selling? Anyone involved in the trading or investing business frequently asks this question. Sometimes the answer is easy, and sometimes it is hard to...Weekly Market Review & Analysis For January 24, 2022
On Monday, we witnessed the third-largest intraday market reversal for the S&P 500. At one moment, the Nasdaq Composite fell by 5% in the day. The Dow Jones index tossed out...Weekly Market Review & Analysis For January 17, 2022
What will happen next? That is something only the future can tell. While it is unclear what this means for bitcoin in the short term, a declining trend could indicate that the worst declines...Weekly Market Review & Analysis For January 10, 2022
The latest inflation rate is out, and the official figure is 7%, much higher than the 2% Fed goal.The real-world inflation rate without any government tricks to lower it is around 15%...Weekly Market Review & Analysis For January 3, 2022
If your New Year resolves to buy the dip, then you're in luck! Bitcoin took a nosedive and is already -14% since Jan 1st. What a difference a year makes. At the beginning of 2021...Weekly Market Review & Analysis For December 27, 2021
Goodbye, 2021 market! It certainly wasn't the gold and silver year. The chart below illustrates that the gold has decreased by 3.1 percent of its value during the year, ranging from...Weekly Market Review & Analysis For December 20, 2021
CPI at +6.8%, the U.S. Treasury's yields negative 5.4% when it ought to be yielding positive 2%, which is a nominal 8.5 to 9%. The correction of this mispricing will be very violent...Weekly Market Review & Analysis For December 13, 2021
Feeling a little down because the Bitcoin price took another hit? BTC took all the other assets to school. Exactly three years ago, on the 15th of December 2018. Bitcoin bottomed...Weekly Market Review & Analysis For December 6, 2021
The Gold market cannot find a foothold when they fight within the current consolidation pattern. The fight between bears-bulls in the Gold market is between Mean Sup $1,768...Weekly Market Review & Analysis For November 29, 2021
The bitcoin price has plummeted by around $15,000 over the 24 hours. As of 08:16 GMT today, it was trading at approximately $47,580, down 16.14%, having plummeted by 31%...Weekly Market Review & Analysis For November 22, 2021
The entire world market was thrown into turmoil on Friday following the announcement of Omicron. Fear of risk permeated markets around the globe: Stocks across Europe,Asia...Weekly Market Review & Analysis For November 15, 2021
The currency market saw plenty of activity, with the Eurodollar and the Pound keeping traders busy. EURUSD experienced a sharp drop and fell to the lowest level in over 16 months as...Weekly Market Review & Analysis For November 8, 2021
This Sunday, two significant events will take place that can change Bitcoin forever: The first one is a given, the implementation of the Taproot update. This will increase privacy and...Weekly Market Review & Analysis For November 1, 2021
What's up, Ethereum? Scarcity leads to all-time high Ethereum. You've probably already heard of the launch of bitcoin ETF's in the States. Many investors think the next step will...Weekly Market Review & Analysis For October 25, 2021
Ethereum reached a new all-time high! After an incredible 24 hours, as the latest update went live, the price posted a new high of $4460 - on May 12, Ethereum last reached the strato...Weekly Market Review & Analysis For October 18, 2021
The worldwide energy market crisis continues to cause havoc in the global economy and skyrocketing commodity prices. Base metal prices saw a rally this week. The London...Weekly Market Review & Analysis For October 11, 2021
The stock market performed well in the second half of this week due to better-than-expected earnings and relatively positive economic data. With a 2.2% increase, the Nasdaq Comp...Weekly Market Review & Analysis For October 4, 2021
This news was the reason for the large portion of the 3.3% increase in the S&P 500 market between Wednesday's Mean Sup $4,307 and Thursday's Mean Res $4,389 and beyond...Weekly Market Review & Analysis For September 27, 2021
Deteriorating technical factors were also a factor as the S&P 500 index cut through its buy zone and completed Outer Index Dip. The BTC sale's over. The fourth quarter of almost...Weekly Market Review & Analysis For September 20, 2021
Our Outer Index Dip of $4,315 was completed on Monday. The Spooz is currently in an aggressive up-move to our Mean Res $4,480. The subsequent significant outcome is...Weekly Market Review & Analysis For September 13, 2021
One good rebound day occurred this week, but sellers dominated the market. The closing S&P 500 index fell below its Mean Sup $4,444 at the close. The Spooz is currently in a...Weekly Market Review & Analysis For September 6, 2021
The S&P 500 lost 1.7% throughout each session and closed lower as buyers seemed exhausted - however, that provided us to buy the market as shown on this chart...Weekly Market Review & Analysis For August 30, 2021
Bitcoin market finally broke above the $50,000 Maginot line (equivalent to 42,400 Euro) and our Mean Res $50,130. At the same time, Ether (ETH) has risen above the $4,000 mark...Weekly Market Review & Analysis For August 23, 2021
After a three-month gap, Bitcoin prices reached a $50,505 high on Monday, August 23. The lead crypto-asset quietly and steadily emerged to reach our Inner Coin Rally at $50,130...Weekly Market Review & Analysis For August 16, 2021
The S&P 500 fell 2.5% on Monday, at one point in the week, and on Thursday provided us with Rinse and Repeated buying opportunity (Mean Sup $4,368-Mean Sup $4,385 zone...Weekly Market Review & Analysis For August 9, 2021
It seems there is no stopping Bitcoin after the cryptocurrency surged past our psychological Mean Res $46,580 mark, next is our target Inner Coin Rally of $50,130, coinciding with a...Weekly Market Review & Analysis For August 2, 2021
The Index is advancing to our designated Outer Index Rally $4465 as projected on S&P 500 Weekly Daily Chart Analysis For June 14, 2021. The main support level stands marked at...Weekly Market Review & Analysis For July 26, 2021
After eight days of big green price bars springing off our suggested entry-level of Completed Outer Coin Dip $29,456, Bitcoin did slow down and took a breather as specified on our...Weekly Market Review & Analysis For July 19, 2021
On Monday's session, the S&P 500 plunged below our Mean Sup $4,290 and buy zone box ($4,320-$4,290), and the Russell 2000 index penetrated the correction area, which by the...Weekly Market Review & Analysis For July 12, 2021
The precious metals will often take you to the very edge, over the edge, and back again. The metals bull market wants as few participants present onboard as possible. In trading Gold...Weekly Market Review & Analysis For July 5, 2021
Mark your calendars; Monday, July 19th, will be an important day for Bitcoin. The coin shares worth $1.5 billion will be released on the market by then. Grayscale Investments is a corp...Weekly Market Review & Analysis For June 28, 2021
If you look at the data on the blockchain, the current price action could be the calm before the storm. How does such a price decline affect interest in Bitcoin? The number of active coins...Weekly Market Review & Analysis For June 21, 2021
On Friday, over $2.4 billion worth of Bitcoin options contracts and about the same amount of futures contracts expired. This event had a significant impact on the Bitcoin price, and so...Weekly Market Review & Analysis For June 14, 2021
A primary short-term ascending trend has been formed since June 14, and the price downslope is now coming towards Mean Sup $33,445, leaving Bitcoin vulnerable to visit...Weekly Market Review & Analysis For June 7, 2021
This is a considerable development; Google recently opened the door for digital asset exchanges to be promoted and advertised on its platform. This is most revealing...Weekly Market Review & Analysis For May 31, 2021
On Thursday, Elon Musk published the following tweet a little past midnight, with the hashtag Bitcoin and a broken heart. The meaning isn't very cryptic; Musk's love for Bitcoin is over...Weekly Market Review & Analysis For May 24, 2021
So what happened this week? Last Sunday, Bitcoin reached a temporary bottom of $31,000. Since then, the price has bounced chiefly between $35,000 and $41,000. What's behind...Weekly Market Review & Analysis For May 17, 2021
I realize many of you are disturbed about the market's current price action with the recent market volatility. The pullback we have been enduring has caused many traders and...Weekly Market Review & Analysis For May 10, 2021
A viewpoint that the stock market was oversold on a long-term basis and was very likely due for a rebound knowing that they have got this fixed up so good now with these robots - See...Weekly Market Review & Analysis For May 3, 2021
The S&P 500 market started the week increasing its consolidation pattern despite a rotation into cyclical equities, then finished the weekly session on a positive plane as the profits...Weekly Market Review & Analysis For April 26, 2021
And the answer: three trading days of sideways activity, followed by Thursday's fulfillment of our Inner Index Rally $4,207, and Outer Index Rally $4,213, and then drop as expected on...Weekly Market Review & Analysis For April 19, 2021
The market took the pullback route. So, there was one particular day of the notable selling frenzy and for our rinse and repeat the message, though, and that day was on Thursday...Weekly Market Review & Analysis For April 12, 2021
We can recall many examples of Fed talking heads speaking out of both sides of their mouths (as events demanded) are as bothersome as they are comical, i.e., “You will never...Weekly Market Review & Analysis For April 5, 2021
Last year in August, the yield on the Ten-year was just 0.51%. However, since then, it has been rising drastically. Presently, even after the current dip, it is still more than threefold...Weekly Market Review & Analysis For March 29, 2021
The Inner and Outer Index Rallies were hit on April 1. The extended market targets are the $4,122 and $4,207 mark, respectively. Aggressive buying can be executed on a pullback...Weekly Market Review & Analysis For March 22, 2021
The Index hit Mean Sup $3,885 profoundly, and a great buying opportunity is achieved - Advancement to Key Res $3,974 is complete also. The next move to the Outer Index...Weekly Market Review & Analysis For March 15, 2021
This week has been a roller coaster of emotions in the crypto market! Last weekend Bitcoin was worth just under $62,000. On Tuesday, the price plunged to below $54,000...Weekly Market Review & Analysis For March 8, 2021
All S&P 500 market sectors contributed to this week's advancement, with many traders and investors fearful of being left behind in the significant rally effort. The real estate and...Weekly Market Review & Analysis For March 1, 2021
It emerges that the bullion banks have covered a massive amount of Gold short positions. Net shorts are presently in the hole for about $23 billion, declining from $42 billion postings...Weekly Market Review & Analysis For February 22, 2021
This week, it was a nasty market as the Nasdaq Composite, which plummeted 4.9% as long-term interest rates proceeded to increase sharply and elevate valuation-oriented...Weekly Market Review & Analysis For February 15, 2021
The cryptocurrency's bull movement is in all its glory! Most of the top 100 cryptocurrencies are showing impressive gains. For some coins, this bull market is a marathon...Weekly Market Review & Analysis For February 8, 2021
With all this news! What a week for cryptos! Tesla converted 1.5 billion dollars of its cash reserves in bitcoin, MasterCard is willing to accept cryptocurrency as a means of pay...Weekly Market Review & Analysis For February 1, 2021
There were few troubled days when an exogenous buying increase caused a spike in both the Gold and Silver market, followed by the imminent correction. However, as it...Weekly Market Review & Analysis For January 25, 2021
The market success story: GameStop (GME) started the trading week at $65 per share and topped at $483 later on in the weekly session, as it becomes the spokesmodel for...Weekly Market Review & Analysis For January 19, 2021
With the completed Inner Coin Rally of $49,955 on Jan. 8th, and with the TARC conformation, Bitcoin is heading lower to its first destination Outer Coin Dip $27,460...Weekly Market Review & Analysis For January 11, 2021
The Euro retracement price action is in a corrective mode and well placed following completion of the Inner Currency Rally $1.2349, and marginally Outer Currency Rally...Weekly Market Review & Analysis For January 4, 2021
The small-cap Russell 2000 was the big winner this week. The index on its way to Key Res $2,112, and our Inner Index Rally $2,140 respectively, also, Outer Index Rally $2,180...