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Market Review GLOBEX (ESH20:CME) GLOBEX Session(ESH20:CME) Day Session High 3932.25Opening Print: 3907.50Low: 3913.00High 3930.00Volume: 313KLow: 389

Crude reached 13 months high earlier this week.When we look on the chart you can see that Crude gave twice a false signal since its October 2020 low.However, th

The high so far was 54.90. As you can see on the chart the technical indication is that Crude is a little overbought. Next upside target is 55.60. The suggestion is – it might be a little early – to short Crude at the market with a tight stop at 55.60. So, what is the idea and why can we not wait until Crude reaches 55.60? The answer is that we look at the risk reward ratio and the overall technical model. So yes, there is a chance that Crude will first reach 55.60 before correcting but there it is more likely that we will go down from here.

Today Silver traded above 30.00 not seen that high since 2013. The explanation for the surge by the media is explained as follows: A silver squeeze by Reddit traders, attempt to replicate last week’s GameStop short squeeze in the silver market.  Really? Do we believe that?? How about looking at the technical analysis. Already in November 2020 we saw that Silver was giving a target to 32.00 and even higher. Early January we repeated that again, and after a small pull back we went long Silver on January 27, at 24.90. Three trading days later we can look back at a 20% profit on this trade.

The German stock exchange is one of the most active exchanges in the European region.The DAX futures being traded in various forms that include the standard fut