![]() ![]() – ScreenRecorder: Added option to select directory for saving screenshot and video. – ScreenRecorder: Added option to set time step for Rewind and Forward, and updated “Play dialog”. – ScreenRecorder: Added new config window for Screen Recorder. – Changed Hi/Low ticker window volume display format. – Show all MMIDs for ladder view in Montage. – Added hotkey “FixTags=tag1=value1|tag2=value2…”. – For trigger order hotkey script, added “PREF:RouteName” for specifying route of stop order. – Added hotkey script “PRICE=OPEN”, “PRICE=PCL” for open and previous close prices. – Added hotkey to set VWAP anchor period. – Added chart lv1 yesterday close updating in replay mode. – Volume by price study: added VAH and VAL. – Pivot point study: added line width config. – Price Study Line: added line width config. This version includes an extensive list of enhancements and bug fixes to the DAS Trader Pro platform: ![]() ![]() We released a new production version during the month of October: 5.6.4.15. We continue to urge caution to the investor and feel short term swing trading will be the order of the day. November will be a critical month as we head into yet another political impasse in early December, with inflation at all time highs and a holiday season that is bound to be plagued by supply chain problems. This chart of $AMZN shows the stock stuck in a range with declining momentum. ![]() $AMZN surprisingly had a big miss due to supply chain issues, which are likely going to cost them billions extra this holiday season, compounded with a general slowdown in online spending as people return to traditional retail. Internet and social media earnings have been meeting or missing at best. Some analysts believe $BTC will surge even higher on continued dollar weakness, as it has thus far been a good hedge for inflation.Įarnings season is not yet over but thus far, banks have reported blow out earnings on massive merger and acquisition activity, as well as IPO activity. Currently, it is consolidating those gains. But if we break below the October support level on the next pull back, then the markets may break a key trend line.Īs shown in this chart of the Bitcoin tracking stock, $GBTC surged to new highs as a new ETF tracking Bitcoin Futures was announced. If the market can make yet another higher low then the uptrend will stay intact. November will be a key month as we need to watch where the market pulls back to. $SPY, the ETF tracking stock of the S&P 500įrom a technical analysis perspective, shallow new highs after a deep pullback is an early sign that the current trend is faltering. At these price levels, oil and energy costs become a drag on the entire economy, as well as the lead factor in inflation. dollar could push oil above $90 dollars a barrel, possibly even up to the key psychological level of $100 a barrel. The combination of normal seasonal demand increases and the ever weakening U.S. $USL, the ETF that tracks oil on a 12-month basis, is currently in a very bullish uptrend. dollar will weaken considerably on the passing of yet more deficit spending right in front of the still unresolved debt ceiling issue. Also, the $3.5 trillion dollar human infrastructure bill has been reduced down to a more acceptable $1.75 trillion dollars, but has still not been passed. So be prepared for a repeat of that political drama in just a few short weeks. sovereign debt was delayed until December. federal government and the default on U.S. In the $QQQ ETF tracking stock for the NASDAQ 100 pictured below, the RSI seems to be putting in a lower high which is a bearish signal, and the MACD also seems to be indicating a reversal soon as the momentum is slowing down.įirst, on the political front, the near disastrous shut down of the U.S. Before we get into those expectations, let’s talk about some very important undercurrents and technical factors of importance. This latest up move has been driven by excellent earnings results, with a few noticeable exceptions. The perfect storm seems to have been averted for the moment. As the month of October comes to a close, the markets are once again near record highs. ![]()
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