Sunshine Profits

Another attempt, another failure. Let’s start today’s analysis by quoting the last article on black gold: (…) light crude climbed to an intraday high of $82.48 and approached the...

The recent two tops in gold were 9 trading days apart. Just like in 2011, the similarity doesn’t end there.Patterns RepeatingThe shape of the price moves that preceded the 2011 top, as well as...

Friday’s trading session saw little change, with the S&P 500 index remaining near its Thursday closing price (-0.14%). Although the market hit a new record high of 5,261.10 on Thursday, it...

Yesterday’s FOMC Rate Decision release has been a game-changer for the stock market, at least for the short-term. The S&P 500 index has reached a new record high at the level of 5,226.19,...

On Tuesday, crude oil extended gains, but are the bulls strong enough to test higher levels?Technical Picture of Crude Oil Let’s start today’s analysis with the quotes from...

On Friday, the S&P 500 lost almost 0.7%, and yesterday, it gained 0.63%. The market basically continued to trade within a two-week-long consolidation below the previous Friday’s new record...

We could summarize the recent price action in crude oil in one word: tests. What’s next?Technical Picture of Crude OilCrude oil closed last week above the previously broken Dec. 2023 peak and...

Oil stocks broke above important resistances, hitting a fresh multi-year peak. Is this the end of the bears?Technical Picture of the XOIIn recent days crude oil reversed and jumped above the early...

Wednesday’s trading session didn’t bring much change for the stock market. On Tuesday, the S&P 500 gained 1.1%, and yesterday, it lost 0.19%, extending a consolidation below its last...

Gold price is finally declining – that’s the biggest overnight slide in many days – times are changing – or are they?Let’s start with a quote from the analysis that I...

The combination of resistances vs. the gap. What can we expect in the coming week?In the previous week, crude oil moved higher once again and tested the barrier of $80 and the upper border of the very...

Friday’s intraday reversal and a negative close for the S&P 500 index (-0.65%) cast a shadow on the short-term bull market. The index reversed lower after reaching yet another new record...

Crude oil bounced off the nearest support area, but the way to the higher levels continued to be blocked. What’s next?Technical Picture of Crude OilIn yesterday’s article on crude oil, you...

The key event of this week is the huge rally in gold that took it to new all-time highs.New All-Time HighsI’ll start with the long-term gold price chart. Gold price is moving to new all-time...

Yes, gold price confirmed its breakout – in daily closing price terms. Yes, it is important.Breakout to New HighsAt the moment of writing these words, gold price is trading at about $2,161...

Another day, another drop and technical formation. Bears…What do you think about it?Bears' Target ReachedLet’s start today’s analysis by quoting the last article on black...