Continuing on Friday‘s weak close note, S&P 500 took a premarket dive, and then the table was set for a short squeeze to start, right as called (both moves). More details in yesterday‘s video. My ultimate resistance level of 5,892 was though breached on strong price action before the close yesterday, and on aftermarket trading – bringing up the question as to whether we‘re witnessing more than a day or two lasting short squeeze.

That‘s the key question I‘m diving into in today‘s punchy premarket video, examining yields, USD, gold, and as well various S&P 500 breadth indicators coupled with sectoral analysis – coupled with this article (the premium question feat. Crypto and CPI plans too), that‘s also one not to miss!

Chart

All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD holds above 1.0450 after sentiment data

EUR/USD holds above 1.0450 after sentiment data

EUR/USD struggles to gain traction but holds steady above 1.0450 in the European session on Tuesday. ZEW Survey - Economic Sentiment for Germany and the Eurozone improved in February, helping the Euro limit its losses. 

EUR/USD News
GBP/USD holds above1.2600 after UK labor market data

GBP/USD holds above1.2600 after UK labor market data

GBP/USD struggles to attract buyers but holds above 1.2600 in the European session on Tuesday. The data from the UK showed that the ILO Unemployment Change remained unchanged at 4.4% in the three months to December, coming in better than the market expectation of 4.5%.

GBP/USD News
Gold in second day of gains with US and Russian officials meeting for peace talks

Gold in second day of gains with US and Russian officials meeting for peace talks

Gold sets forth rally and pops above $2,900 at the start of the European trading session on Tuesday. Markets brace for headlines to come in from Saudi Arabia where US and Russian officials are meeting. A daily close above $2,910 could put Gold on track for a new all-time high this week. 

Gold News
Storj bulls aiming for double-digit gains

Storj bulls aiming for double-digit gains

Storj, an open-source platform that leverages the blockchain to provide end-to-end encrypted cloud storage services, continues to trade higher by 4.4%, around $0.39 on Tuesday after rallying 5% the previous day.

Read more
Rates down under

Rates down under

Today all Australian eyes were on the Reserve Bank of Australia, and rates were cut as expected. RBA Michele Bullock said higher interest rates had been working as expected, slowing economic activity and curbing inflation, but warned that Tuesday’s first rate cut since 2020 was not the start of a series of reductions.

Read more
The Best Brokers of the Year

The Best Brokers of the Year

SPONSORED Explore top-quality choices worldwide and locally. Compare key features like spreads, leverage, and platforms. Find the right broker for your needs, whether trading CFDs, Forex pairs like EUR/USD, or commodities like Gold.

Read More

Majors

Cryptocurrencies

Signatures

Best Brokers of 2025