by Dan Gibby | Oct 8, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Ideally, the week's beginning will start with interest rates moving higher, the US Dollar moving higher, and the markets moving lower.That scenario would have the potential for each to reach reference areas for a turning...
by Dan Gibby | Oct 1, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Many sectors are now in downtrends on the daily timeframe, have not reached areas of significant support, and show no signs of reversing.Based on where the internal market gauges are now, a further decline in the broader...
by Dan Gibby | Sep 24, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The beginning of the week may be a "wait and see" what happens on Wednesday.Interest rates and the US Dollar increased last week and have room to move higher, which has been bearish for the markets. In addition, crude oil...
by Dan Gibby | Sep 17, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "However, this market is very prone to whipsaws based on economic numbers related to inflation, and a number of them are coming out next week.Technically, if the 10-year yields trade above last week's high along with the US...
by Dan Gibby | Sep 10, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Last week's price action shifted a short-term bearish outlook to a neutral one.Many sectors are into their respective price resistance areas, misaligning weekly and daily trends, and Friday's reversal bar at the beginning...
by Dan Gibby | Sep 3, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The first bias is lower after Thursday's significant bearish turn, but it's not a "no-brainer" view. Here's why.In the strongest sectors, the weekly time frames are up.The internal market gauges turned bullish at the end of...
