[Adam Global]

S&P 500 falls below 7,500, wiping 📉out more than $500,000,000,000 in market capitalization today after hot CPI data raises📈 Fed rate-hike bets.

[GVI Forex 2]

Market Update

All about US bond yields folliwng the hoitter CPI

Yields up, USD up, metals and cryptos down, stocks trying to hang on but struggling

[Adam Global]

ßitcoin edging 📉 lower below $75K

[Adam Global]

Nvidia (NVDA) stock📉 falls to $170 as Jensen Huang’s affair with alleged Chinese spy drags the stock lower. Nvidia was removed from Bank of America’s US 1 list of top stock picks on Tuesday.The stock has plunged📉 more than 30% from its all-time high, wiping out more than $1.7 TRILLION in market capitalization.

[GVI Forex 2]

US500 4 HOUR (CFD): 7500 remains a focus

US500 post-CPI dipped to 7486 and recovered back above 7500.

The bounce needs to clear 7576 to put the descending trendline back in play.

Below 7486, focus would shift to the rising trendline and then 7348.

Test for stocks is whether they can withstand the headwind fron rising bond yields.

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR (CFD): Relief rally or more to it?

The bounce from the 26638 (red line) higher low so far stalled above 28000 as the descending trendline held.

On the downside, break of the trendline drawn off higher lows and 26638 would be needed to expose the 26244 swing low.

Otherwise, to make it more than a relief rally where 28336 resistance that preceded the 26244 low is the key level to break to challenge the downtrend.

[GVI Forex 2]

USDCAD 1 HOUR: 1.42 on the radar?

Extending recovery from 1,3929 with the  break of 1.4138.

If 1.4138  becomes support, 1.4200 comes on the radar (1.4300 beyond it).

If not, still maintains a bid as long as trade is above 1.4099.

[GVI Forex 2]

CME FedWatch: Dec 9 FOMC (50bps hike on the table)

89% for 25bps hike, 11% for 50bps hike

2 year yields 4.687%, +0.14

[GVI Forex 2]

Hotter Oct CPI: Yields up, USD up, stocks dip, GOLD dips

[Adam Global]

📈More movers 📉

[Adam Global]

EURJPY is edging📈 higher for a second straight session, approaching 177.70 and trying to erase last week’s losses

[Adam Global]

US500 cash index breaking above both the crucial 7,500 barrier and the long- term ascending trendline.

[Adam Global]

Intel (INTC) has lost more than $18 BILLION in market value, as the stock has plunged📉 more than 41% over the past month

[Adam Global]

GBPUSD rejected 📉 1.34500 as all eyes turn to Core CPI for further clues 🤷🏻‍♂️ more 📈 bullish if CPI is bad 👎🏻 more bearish if CPI is good 👍🏼

[Adam Global]

Oil 🛢 dropping 📉 +2% today as more talks are scheduled in 🇴🇲

[GVI Forex 2]

US Bond Yield Update

Yields up (flatter curve, led by 2 year) ahead of CPI

[GVI Forex 2]

CME FedWatch: Dec 9 FOMC

Current odds: 99% in favor of a 25bps rate hike 

[GVI Forex 2]

NeXt up: US OCTOBER CPI

SEE DETAILED PREVIEW

[GVI Forex 2]

EURUSD 4 HOUR: Power of “50”

While the move above 1.1244 breaks down momentum, follow through was negated by a failure to establish above the pivotal (Power of 50) 1.1250 level.

This leaves it dependent on holding 1.1216 or face a return to 1.12.

[GVI Forex 2]

XAUUSD 4 HOUR: Upside stalled below key resistance

With another run at 4155 stalling just below 4150, the upside seems capped for now.

But  to call it a failure, breaks of 4054 and 4036 would be needed, which would then shift the focus back to 4000.

[GVI Forex 2]

Forex Marketr Snapshot

It has been a reaction to news is what matters day that saw the USD rebound following hawkish comments by Fed’s Waller.

What caught my eye is EURUSD, still an outperformer, slipping back to around unchanged after failing just above 1.1250 and USDJPY printing 158 fror the 7th day in a row.

Next up: US CPI

[GVI Forex 2]

Market Update: Indices

Both showing signs of a low but to make it more than a pause, 4 hour trendlines need to be broken.

[GVI Forex 2]

Market Update: Hope trade has legs?

Risk on trade => Oil down, yields down, stocks up, dollar down

[GVI Forex 2]

US30 4 HOUR (DJIA CFD): Retracement or is the low in?

US30 has rebounded sharply from 50,778, with a series of higher lows (red lines) pointing to improving four-hour momentum. The bounce has recovered more than half of the drop from 53,792

Current obstacle: 52640 — 61.8% retracement

[GVI Forex 2]

USDCAD 1 HOUR: Double top, then what?

Two rising red lines formed off the low flagged a potential bottom and turn higher.

Potential double top at 1.4138 blocks exposing 1..4200 (and 1.4300 beyond it)

Needs to hold 1.4077 to keep momentum pointed higher or risk shifts to 1.4000-52.

[GVI Forex 2]

US500 (SP500) DAILY: The case for a bottom

The pause 3 points above key daily support at 7292 (July 29, 2026 low) makes a case for the low being in but, as noted earlier, only confirmed if the lower 7717 high is taken out.

Next step would be to break 7556 (61.8%)  to neutralize thoughtrs of a retracement. If not, then 7500 will be pivotal.

[Adam Global]

S&P 500 surges back above 7,500, adding more than $1,000,000,000,000 in market capitalization today as tech stocks rebound from last week’s selloff.

[GVI Forex 2]

XTIUSD (WTIUSD) 4 HOUR (CFD): Key support briefly broken

Broke support at 89.56 (on this CFD chart), but the push below 87.19 stalled at 86.59.

A sustained break below 87.19, followed by a fresh low below 86.59, would put 80.00 in play as a potential downside target.

On a bounce, 89.56 is first resistance.

[Adam Global]

Never miss earnings release

[GVI Forex 2]

US00 (SP500) 4 HOUR: Retracement or is the low in?

Bounce from 7295 tust took out the 38.2% retracement at 7456. Near-term upside momentum holds above the red line at 7348 with a strong bid while above 7441. but only a break above the blue line at 7717 would fully confirm the bottom is in.

[Author]

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