Analyzing the Market Using Indicators and Moving Averages with Mike Arnold

Mike Arnold (⁠⁠⁠@mgarnold⁠⁠⁠) of Path Trading Partners returns for this monthly technical analysis segment on the Futures Edge show with hosts Jim Iuorio (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@jimiuorio⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) and Bob Iaccino (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@Bob_Iaccino⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) to discuss the current state of the stock market and the factors that have been driving its rally.

Mike breaks down the specifics of his “rotation zone” and his “harmonics” that he uses in all his analysis. He weighs in on a potential for a market correction and also discusses the impact of different political administrations on the market, with a focus on President Trump's economic policies. The conversation touches on the global perception of the United States, the state of the dollar, and the future of gold. They conclude with a discussion on crude oil and its recent price action.

Takeaways:

-The stock market has been rallying due to factors such as excess liquidity, the AI boom, and the belief that the Fed will intervene to support the market.

-There is a potential for a market correction, but it is uncertain when and how significant it will be.

-The outcome of the upcoming US presidential election could have an impact on the market, with some predicting a sell-off if Trump is re-elected.

-The hosts also discuss crude oil and its recent price action, as well as the impact of Hurricane Barrel on Mexico's oil production.

Chapters

00:00 Introduction and Technical Difficulties

02:59 Factors Driving the Stock Market Rally

06:00 Analyzing the Market Using Indicators and Moving Averages

12:53 The Potential Impact of the US Presidential Election on the Market

30:29 Analyzing the Potential Breakout of the Russell Index

32:19 The Global Perception of the United States and the Dollar

37:01 The Future of Gold and the Potential for a Rally

46:31 Crude Oil and the Impact of Hurricane Barrel on Mexico's Oil Production

Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Haynow Media