2023.06.02 10:33 teknixelevators20 10 Things to Consider Before Buying a Residential Lifts in Bangalore by Teknix Elevators
2023.06.02 09:14 iDigitize_Social The Power Of Competitive Analysis In The Insurance Industry
![]() | submitted by iDigitize_Social to u/iDigitize_Social [link] [comments] https://preview.redd.it/xfgxp1xc1k3b1.jpg?width=1200&format=pjpg&auto=webp&s=797266281fc52e2b64f0bede1070011b8215cb1a The intricacy of the insurance sector has long been a deterrent to new entrants in the market, along with other entry-level obstacles. Essentially, this has shielded insurance firms from new types of competitors that offer seamless, customized services driven by customer needs. Insurance companies have discovered that by combining first-party data with third-party insights, they can gain a better understanding of the risks to their operations and how to mitigate them without pricing themselves out of consideration. The combination of first-party data and third-party insights reduces risk and uncertainty, enabling effective resource allocation, fostering product innovation, boosting economic growth, and improving the efficient production of financial services. Therefore, competitive analysis plays a crucial role in the insurance industry. Competitive analysis (CA) explainedCompetitive analysis isolates each competitor’s operational strengths, substantive weaknesses, product offerings, market dominance, and missed opportunities with a focus on finding market participants poised to encroach on your chance.The insurance industry outlook shows increased competition:
Here are some of the major goals of competitive analysis.
Benefits of competitive analysis in the insurance industry:
Challenges of analytics implementation:Most insurers can readily comprehend the benefits of being able to use the copious amounts of data that are at their disposal. However, adoption still faces obstacles. Many of these companies, it could be claimed, are decades or even hundreds of years old, and the accumulation of legacy systems – a common complaint of organizations from many different sectors – hinders the seamless integration of data from an expanding and never-ending set of sources.However, given the importance of data to their operations, insurers are frequently the commercial entities working on data that are best at adapting to the times. Additionally, there is no one method to automate the analysis of this data and the effects it may have on the organization. Secondly, it takes highly skilled data scientists who are equally adept at the art and science of data to conduct the analytics that have the greatest impact on the business’ many disparate strategic needs and outcomes. These are hard to come by. What the future holdsInsurance companies can evaluate and incorporate changes into their company plans. Not only are there new channels and devices to take into account, but data is entering the company in formats that are constantly changing. Considering the Internet of Things (IoT), as an illustration one of the components of IoT that can collect data on everything from diet and living conditions to pulse and blood pressure is wearable technology. For underwriters, data and analytics will always be essential, and they benefit from data with above-average quality. Technology handling of this data is expected to increase, and consolidation is anticipated.Netscribes helps firms meet these goals through in-depth market research. To know how we can help you harness the power of consumer insights in your industry niche, contact us today. |
2023.06.02 08:52 CorvidsIndia Industrial-Grade Extension Ladder Advanced Methods and Advice
![]() | extension ladders submitted by CorvidsIndia to u/CorvidsIndia [link] [comments] Construction, maintenance, and telecommunications industries are just a few of the sectors where industrial-grade extension ladders are crucial equipment. They enable people to work effectively and safely by providing access to elevated regions. For professionals who need sturdy tools that can withstand the demands of their work, an industrial-grade extension ladder is ideal. This ladder's reliable features include its solid aluminum construction and telescoping design, which allows experts to adjust it to match any height. The adaptability of this telescopic ladder is one of its best qualities. It can be used as a scaffolding foundation, a staircase ladder, a straight collapsible ladder, or even an a-frame ladder. This implies that you can utilize it for any work, no matter how challenging. The safety features of this heavy-duty extension ladder, nevertheless, might be its best feature. Anti-slip feet ensure that it stays firmly in place even on slippery surfaces. Additionally, there are roomy stairs that give you a secure area to stand while working. Before making a multi-purpose professional extension ladder purchase, we need to carefully consider the uses, benefits, and other variables. However, using the extension telescopic ladder safely necessitates the right expertise and commitment to safety procedures. In this blog article, we'll look at cutting-edge methods and offer helpful advice for using industrial-grade telescopic ladders safely and effectively..Stay tuned till the end of this blog, as we discuss the benefits, the types, and the eBay places to buy yourself the best Extension ladders. Portable industrial ladder: Benefits:Safety:These Telescoping extension ladders offer a robust and stable platform for working at heights when used correctly. When operating on terrain with uneven surfaces, they reduce the risk of falls and accidents.Attaining Height:Industrial-grade extension ladders are used to reach high shelves, arching ceilings, and rooftops. As a result, they make jobs simpler that could otherwise be difficult or difficult to do.Versatility:Because multipurpose Heavy duty extension ladders are available in a broad variety of sizes and styles, we may use them for a wide range of tasks. For instance, extension ladders can be used outside to reach high places, while step ladders are the best choice for internal use.Efficiency:Telescopic Ladder was invented to make work easier and increase productivity. These compact, lightweight, multi-use Extension ladders with locking mechanisms speed up processes and enable access to otherwise inaccessible locations.Lightweight:These Industrial-grade extension ladders are lightweight and small in size, making it easy for us to transport them from one place to another.Cost-effectiveness:When compared to other access equipment like scaffolding and aerial lifts, collapsible ladders are incredibly affordable. As a result, they offer a suitable replacement for the vast majority of applications. Telescopic ladder prices can start at a range of INR 3000 and above, depending on the height and the accessories.Which multi-purpose Adjustable extension ladder is the best for your needs?Telescopic ladders and industrial ladder accessories are useful and adaptable, but it's crucial to pick the proper one for your particular needs. Given the variety of choices, it could be challenging to select the ideal telescopic ladder that meets all of your unique needs and preferences. We would like to give you some guidelines to assist you in selecting the best Extension ladder for commercial applications.Height:An industrial-grade extension ladder can extend from a few meters to over 20 meters in height. Choose a multi-purpose collapsible extension ladder that can therefore stretch to the required height. You can choose a telescopic foldable ladder with an adjustable height once you've determined the highest height you need to reach.Weight Capacity:You should also take the collapsible ladder's weight capacity into account to make sure it can securely handle both your weight and the number of objects you are carrying. Having too much weight on one's person increases the risk of accidents and injury. As a result, bear this in mind while selecting a multi-purpose portable industrial ladder.Material:Industrial-grade extension ladders can be made from a variety of materials, including steel, aluminum, and fiberglass. The degree to which the suitable material can matter will depend on the user's planned use and the range of storage options. It is important to pay close attention to the material that best meets all requirements.Portability:Due to its versatility, the telescopic folding ladder can be utilized both indoors and outside. Here, a telescopic ladder's portability—one of its main advantages—comes into play. A lightweight portable multi-purpose Industrial-grade extension ladder is simple to transport over long distances.Safety equipment:Whether a ladder is telescopic or not, safety should always come first. A simple disregard for safety could have negative consequences for the user. So it's a good idea to search for telescopic Ladders with safety features like locking mechanisms, non-slip rungs, and fixed feet.HOW TO ENSURE YOUR SAFETY AND THE LONGEVITY OF EXTENSION LADDERS:Pick the Right Ladder:It's important to pick the right High-capacity extension ladder for the job at hand. Think about things like weight capacity, material structure, and industrial-grade extension ladder height. Compared to regular ladders, an industrial-grade telescopic ladder is built to support big loads and provide more stability.Inspect before use:Before each use, check the collapsible ladder for the home for any signs of damage, like twisted rungs, broken rails, or loose connections. Verify the functionality of all parts, including the locks, hinges, and ropes. Never use a telescopic ladder that has been compromised structurally.Placing it Carefully:Place the Industrial-grade extension ladder on a solid, level surface and secure the base. Use stabilizers or telescopic ladder levelers as necessary to guarantee stability. By using the right foot pads or anchor points, you can secure the ladder's base. If you're working on uneven or slippery areas, think about using a telescopic ladder stability device.Set the Right Angle:Place the Portable Ladder at a 75-degree angle for maximum stability. This entails setting the Industrial-grade extension ladder's base one-quarter of the working length from the wall or other support structure.User Biomechanics:Apply the 3-Point Contact Rule by keeping two feet and one hand, or one foot and two hands, in constant contact with the Telescopic Ladder while maintaining a strong grasp with both hands. This method offers stability and lowers the chance of falling.Extend the Telescopic Ladder Correctly:Adhere to the manufacturer's recommendations when extending an Industrial-grade extension ladder. Before climbing, make sure the locks are securely in place. To extend the ladder smoothly and safely, use the rope and pulley system, if it is there.Avoid Overreaching:Never stretch yourself too far while using a telescopic ladder because doing so compromises stability and ups the chance of falling. Rather, adjust the ladder as necessary to preserve the correct 3-point contact and keep your body centered between the rails of the aluminum ladder.Secure the Top and Bottom:Use fixed attachments like hooks or ropes to tie the top of the Industrial-grade extension ladder to the supporting structure to increase stability. Additionally, if at all possible, employ appropriate bracing to stop any movement by stabilizing the Telescopic Ladder's base with a coworker or by yourself.Consider the Weight Capacity:Industrial-grade extension ladders have ratings for their weight capacities. Before using the telescopic Ladder, consider the worker's total weight along with the weight of their tools and equipment. The integrity of the ladder may be harmed and accidents may result from exceeding the weight restriction.Keep Your Balance and Posture Correct:When ascending or descending the Industrial-grade extension ladder or working from it, keep your balance and posture correct. Avoid leaning or leaning too far to one side with your body centered. Be sure to step slowly and deliberately, and distribute your weight evenly.Use Personal Protective Equipment (PPE):To safeguard yourself from potential risks when working on an Industrial-grade extension ladder, put on the proper PPE, such as non-slip boots, a hard hat, eye protection, and gloves.Ensure that all employees who use industrial-grade Telescopic Ladder are properly trained in ladder safety procedures and are informed of the most recent best practices. Hold regular safety meetings and periodically update training. Where can I buy the best Industrial-grade extension ladder in India?Corvids are prepared to revolutionize mobility with a staff devoted to providing premium and flexible Telescopic Ladder, seats, tables, and casters for all of your needs!Corvids introduce telescopic ladders reaching up to 2.6 meters (8.5 ft) in height. 12.5 feet, 3.8 meters, and 16 steps are needed to reach 20.5 feet (6.2 m). There are 13 stairs, each measuring 2.0 m (6.5 ft) and 5.0 m (16.5 ft) high. 14 stars and a distance of 2.9 meters, perfect for a range of commercial and residential projects, including painting homes, changing light bulbs, and working on construction sites. The fiberglass, aluminum, and steel Corvid multi-purpose Industrial-grade extension ladder is not only strong and versatile but also very safe for anyone using it. Their heavy-duty Telescopic Ladder offers unmatched safety and stability while making it simple to customize the ladder for home use to the user's needs thanks to its multi-position safety locking hinges and stabilizing bar at the bottom. The anti-skid PVC shoe, which prevents unnecessary swaying or shaking of these foldable Telescopic ladders, ensures the user's safety. Because Corvids offers twin Industrial-grade extension ladders in a variety of configurations, customers may choose from alternatives like (12.5 ft (3.8 m) - A Type, (19 ft (5.6 m) - A Type, and (16.5 ft (5.0 m) - A Type with simplicity., Perfect for any home, office, godown, storage facility, or retail location. In addition to the advantages already mentioned, Corvids' 2-year warranty against manufacturing issues guarantees clients the best after-sale support conceivable. Take-AwayOne can dramatically lower the danger of accidents and injuries at work by implementing these cutting-edge methods and advice for using industrial-grade aluminum telescopic ladders. To buy a telescopic ladder, the user is provided with a wider range of heights than ordinary ladders, which are constrained to a particular height and dimension. This demonstrates that a tall building's roof may be reachable using just a single extension ladder, even in spaces with low ceilings.The multi-purpose Industrial-grade extension ladder is incredibly adaptable and useful thanks to its telescoping mechanism, which also permits height adjustment. The Non-slip extension ladder's capacity to be folded down into a more compact size for both storage and transit is another advantage of the telescopic design. Everyone who needs to access a high area, whether at home or work, can benefit from owning an Industrial aluminum ladder. Visit the official website to learn more about the Commercial-grade extension ladder. |
2023.06.02 07:49 JJW2795 Land of the North Wind: Chapter 8
2023.06.02 07:19 Individual-Concept61 Scrap Vehicle – Reusable Scraps Company
2023.06.02 06:55 seph_98 For Sale: i3-9100f with Gt730 GPU Gaming PC. (14k)
![]() | For sale! submitted by seph_98 to phclassifieds [link] [comments] Procie: i3 9100f Mobo: asus with m.2 slot Ram: 8gb ram ddr4 Storage: 256gb ssd m.2 nvme wd Gpu: Gt730 ddr5 Psu: NEO ECO G600 300w Tempered glass case with 4 led red fan 22 inch acer monitor Free keyboard, mouse & headset Mostly ginagamit ko lang pang edit ng pictures ko in street photography. Price 14000 only! Meetup testing & pick up North fairview Pm! Pm! |
2023.06.02 06:53 Bebop_268170 Opinions on a Couple Resort Options for Club Trip
2023.06.02 06:28 wounsel Will it ever rain enough for me to get an interview on abc13 in my lifted dodge 3500 while I make wakes??? I just got my mullet shaped up in case of a hurricane, Neil Frank still on this sub?
2023.06.02 06:04 jlinbu The case for [Wildcat's Revenge] as an elite RMC
2023.06.02 05:54 GoingCrazy0515 Global Centrifugal Oil Free Air Compressor Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
2023.06.02 04:42 Upset_Neighborhood59 Bought a used jeep
2023.06.02 04:20 TotallyNormalBread Idiot wants to move to PC gaming
What is your maximum budget before rebates/shipping/taxes?
When do you plan on building/buying the PC? Note: beyond a week or two from today means any build you receive will be out of date when you want to buy.
What, exactly, do you need included in the budget? (ToweOS/monitokeyboard/mouse/etc)
Which country (and state/province) will you be purchasing the parts in? If you're in US, do you have access to a Microcenter location?
If reusing any parts (including monitor(s)/keyboard/mouse/etc), what parts will you be reusing? Brands and models are appreciated.
Will you be overclocking? If yes, are you interested in overclocking right away, or down the line? CPU and/or GPU?
Are there any specific features or items you want/need in the build? (ex: SSD, large amount of storage or a RAID setup, CUDA or OpenCL support, etc)
Do you have any specific case preferences (Size like ITX/microATX/mid-towefull-tower, styles, colors, window or not, LED lighting, etc), or a particular color theme preference for the components?*should be ATX/full-tower. I don't care about rgb but glass is fine.Colors should be black but isn't necessary
Do you need a copy of Windows included in the budget? If you do need one included, do you have a preference?
Extra info or particulars: i have an ethernet cable. i would like stuff that is compatible for next gen (idk what ddr5 is but it's currently not at its peak and will probably be the best?) if anyone knows any websites that track stuff across different stores or a guide on maintaining your pc or something like that, i would be grateful. i also need 2 slightly curved monitor near 35 inches if possible.(whatever aspect ratio is best).(both +120hz) but don't include in the budget. pls note: i only spent like 3 days reading stuff before making my decisions so if somebody has any advice please share :). also thank you in advance
2023.06.02 04:17 Caeedil rough country lift/level kits
2023.06.02 03:55 8008bae New to PC building and looking to upgrade from my pre-built!
What will you be doing with this PC? Be as specific as possible, and include specific games or programs you will be using.
What is your maximum budget before rebates/shipping/taxes?
When do you plan on building/buying the PC? Note: beyond a week or two from today means any build you receive will be out of date when you want to buy.
What, exactly, do you need included in the budget? (ToweOS/monitokeyboard/mouse/etc)
Which country (and state/province) will you be purchasing the parts in? If you're in US, do you have access to a Microcenter location?
If reusing any parts (including monitor(s)/keyboard/mouse/etc), what parts will you be reusing? Brands and models are appreciated.
Will you be overclocking? If yes, are you interested in overclocking right away, or down the line? CPU and/or GPU?
Are there any specific features or items you want/need in the build? (ex: SSD, large amount of storage or a RAID setup, CUDA or OpenCL support, etc)
What type of network connectivity do you need? (Wired and/or WiFi) If WiFi is needed and you would like to find the fastest match for your wireless router, please list any specifics.
Do you have any specific case preferences (Size like ITX/microATX/mid-towefull-tower, styles, colors, window or not, LED lighting, etc), or a particular color theme preference for the components?
Do you need a copy of Windows included in the budget? If you do need one included, do you have a preference?
Extra info or particulars:
2023.06.02 03:53 cyberbay [GB] Space Crisis PBT Cherry Keycap Set - 7 Days Left Until The End Of GB
2023.06.02 03:40 Both_Average_4116 thoughts on this one
![]() | so i picked this up at an estate sale. it had red master fluid iirc. Wanted to experiment so i drained it filled with distilled water and for the time being before i buy proper surfactant i used kids bubbles. i’ve done this 3 times with various bubble/surf amount. I even have a 25 watt with a dimmer to try to get it to flow. but i always get a blob lifted from the spring. I did have multiple balls at one point. but just kind of hovering. thanks. want to drain and try again but thought i’d ask. submitted by Both_Average_4116 to Lavalamps [link] [comments] |
2023.06.02 03:24 jjd1226 SPY Technical Analysis for Friday June 02, 2023
![]() | TLDR: submitted by jjd1226 to Daytrading [link] [comments] If the character change is lost at 421.27, my attention will shift toward the buy-side imbalances (FVG). Support can be found at M5 blocks at 419.74 - 418.98 and 418.75 - 417.51, where I will seek out the buy entry model pattern (must break the character change before making a new high). The H1 block at 417.08 - 416.23 provides significant support. If today's high is surpassed with a gap up, I will aim to fade to 422.99 - 422.19 (TP1), with runners left for the 421.27 change of character (TP2) and the M5 blocks (TP3) mentioned previously. S&P 500's Rollercoaster Ride: Breaking Records, Facing Setbacks, and May's Disappointing GainsJune 1st RecapThe S&P 500's year-to-date increment approaches 10% as a rejuvenated surge in technology giants takes the stage before Friday's forthcoming employment data release. This expansion comes with the anticipation of the Federal Reserve momentarily halting interest rate augmentations in June. Major tech corporations have resumed their impressive advancement after a temporary hiatus, propelled by the fervor surrounding artificial intelligence. Nvidia Corp's equity value increased by around 5%, surpassing the Nasdaq 100's performance. Beyond the artificial intelligence-induced momentum which catapulted mega-corporations by 17% in May, the sector also experienced an upliftment due to decreased bond yields and Dell Technologies reporting sales figures that surpassed projections. The S&P 500 index rose by 1% on Thursday, recapturing the 4,200 mark. Bank of America Corp's contrarian index, which monitors the average stock allocation advice offered by Wall Street strategists, is nearest to a 'buy' indication it's been in over half a decade. Beyond the artificial intelligence theme, market participants are also preparing for the release of the employment data on Friday. Analysts predict a deceleration in hiring activity, which could persuade the Federal Reserve to pause its monetary tightening strategy in June momentarily. Patrick Harker, President of the Federal Reserve Bank of Philadelphia, said a pause in interest rate increases should be considered in the forthcoming meeting. James Bullard, his counterpart from St. Louis, echoed this sentiment in a published essay on Thursday, suggesting that interest rates would likely be at the lower spectrum of what is necessary to subdue inflation. SPY's Movement: From 419.38 Breaker Block to 422.04 Order Block https://preview.redd.it/5bdolta2bi3b1.png?width=1186&format=png&auto=webp&s=0f0b28b489fb59e2828dbbe2b3ce9598fc48de61 https://preview.redd.it/umsf8s93bi3b1.png?width=1456&format=png&auto=webp&s=66cbe5e8d67b7f1a9793f443aec41ae191b6a6b1 SPY accumulated in the 419.38 - 419.05 breaker block, manipulated to the 417.20 - 416.45 5m Breaker Block and distributed to the 422.99 - 422.04 order block (All levels mentioned in yesterday's post). https://preview.redd.it/0smczra5bi3b1.png?width=1456&format=png&auto=webp&s=51297139ff8f206e20575d61e8af51b479e05fd1 Below is the bullish entry model for H1 that has been in play since Tuesday. https://preview.redd.it/oyg5ppo6bi3b1.png?width=1456&format=png&auto=webp&s=ec01cccdef9ad9e7b2dceb86a40df3cd66c52b12 Below is the bullish entry fractal on the M5. https://preview.redd.it/n8cuwal8bi3b1.png?width=1456&format=png&auto=webp&s=0f9eb098ee9643b1a0011c7460824141a8e99c3d The Red Envelope Revelation: Shaping the Future of Global MarketsTomorrow promises to be a day of significant economic developments, with major reports due that are expected to impact market trends. Chief among these will be May's highly anticipated U.S. Nonfarm Payrolls data. Regarded as a red-envelope news event, this report carries considerable weight as it can catalyze significant market movements.https://preview.redd.it/wtt3ne9abi3b1.png?width=1374&format=png&auto=webp&s=a5670b3977823e048e1b4581da19d3324570e8d6 At 8:30 am (ET), the U.S. employment report is scheduled to be released. This crucial index is poised to provide an overview of the current state of the American job market. The median forecast for this report stands at 190,000, down notably from the previous figure of 253,000. If these predictions hold, this could signify a slight slowing in job creation which may stir market reactions. Simultaneously, the U.S. unemployment rate for May will also be announced. Current estimates suggest a minor uptick to 3.5%, up from 3.4% in the previous period. Though minimal, the incremental rise could fuel discussions around labor market conditions and future policy decisions. Alongside this, the U.S. hourly wages for May will be disclosed, with projections pointing to a 0.3% increase. This is somewhat lower than the 0.5% growth experienced in the previous month. Such a decline might trigger concerns about wage growth stagnation, consequently influencing market sentiments. Lastly, the year-over-year increase in hourly wages will also be unveiled, with forecasts predicting a slight dip to 4.4% from 4.5%. This figure will further feed into analyses of wage growth and the general health of the U.S. economy. All eyes will undoubtedly be on these significant economic reports, eagerly anticipating their implications on the U.S. and global markets. Premium Subscriber, I wanted to check in regarding the recent market analysis in the pre-market email. I realize my commentary on the 15-minute chart was overly bearish this morning, and I regret if this influenced your trading decisions. In hindsight, I should have highlighted the bullish indications on the 1-hour chart to provide a balanced perspective. It's a reminder of the importance of considering all timeframes in our analysis and managing your emotions (the hardest aspect of trading and something that I’m still working on). I commit to delivering a more comprehensive view to support your trading decisions. I appreciate your understanding and continued support. COT Data - E-MINI S&P 500Overall, trading activity seems to increase across all groups, with a mix of bullish and bearish sentiment changes. The increase in short positions among Dealer Intermediaries and Leveraged Funds suggests a growing bearish sentiment among these groups. Meanwhile, Asset ManageInstitutional and Other Reportables showed a shift towards a more bullish sentiment, increasing their long positions and decreasing their short positions.The new COT report for E-MINI S&P 500 as of May 23, 2023, shows the following positions:
SPY Technical OutlookH1 ChartBias: BullishIf the character change is lost at 421.27, my attention will shift toward the buy-side imbalances (FVG). Support can be found at M5 blocks at 419.74 - 418.98 and 418.75 - 417.51, where I will seek out the buy entry model pattern (must break the character change before making a new high). The H1 block at 417.08 - 416.23 provides significant support. If today's high is surpassed with a gap up, I will aim to fade to 422.99 - 422.19 (TP1), with runners left for the 421.27 change of character (TP2) and the M5 blocks (TP3) mentioned previously. Buy entry model pattern: https://preview.redd.it/7ivbe6lgbi3b1.png?width=1456&format=png&auto=webp&s=54a640e118af16769fc786c2d9914962fea7b740 Here is the profile to finish out the week that I’m watching. Note that I lifted these models off of silkyfx on Twitter. They have great educational content and are worth the follow. https://preview.redd.it/g8d07auibi3b1.png?width=619&format=png&auto=webp&s=3bd1ad031cd8a29cbf977f394446244d8402efce Critical Levels to Monitor Confirmed Dealing Range: 0%: 422.99 50%: 416.44 100%: 409.88 Change of Character:
https://preview.redd.it/la0pnvykbi3b1.png?width=1456&format=png&auto=webp&s=ee3abb5e8f2cf8639832b67b7330c27a56f2e0cc Thanks for reading and make that money. Godspeed! |
2023.06.02 03:19 AusCC98 Need help with a quote for a complete setup
2023.06.02 03:17 jjd1226 SPY Technical Analysis for Friday June 02, 2023
![]() | TLDR:Bias: BullishIf the character change is lost at 421.27, my attention will shift toward the buy-side imbalances (FVG). Support can be found at M5 blocks at 419.74 - 418.98 and 418.75 - 417.51, where I will seek out the buy entry model pattern (must break the character change before making a new high). The H1 block at 417.08 - 416.23 provides significant support. If today's high is surpassed with a gap up, I will aim to fade to 422.99 - 422.19 (TP1), with runners left for the 421.27 change of character (TP2) and the M5 blocks (TP3) mentioned previously. S&P 500's Rollercoaster Ride: Breaking Records, Facing Setbacks, and May's Disappointing GainsJune 1st RecapThe S&P 500's year-to-date increment approaches 10% as a rejuvenated surge in technology giants takes the stage before Friday's forthcoming employment data release. This expansion comes with the anticipation of the Federal Reserve momentarily halting interest rate augmentations in June. Major tech corporations have resumed their impressive advancement after a temporary hiatus, propelled by the fervor surrounding artificial intelligence. Nvidia Corp's equity value increased by around 5%, surpassing the Nasdaq 100's performance. Beyond the artificial intelligence-induced momentum which catapulted mega-corporations by 17% in May, the sector also experienced an upliftment due to decreased bond yields and Dell Technologies reporting sales figures that surpassed projections. The S&P 500 index rose by 1% on Thursday, recapturing the 4,200 mark. Bank of America Corp's contrarian index, which monitors the average stock allocation advice offered by Wall Street strategists, is nearest to a 'buy' indication it's been in over half a decade. Beyond the artificial intelligence theme, market participants are also preparing for the release of the employment data on Friday. Analysts predict a deceleration in hiring activity, which could persuade the Federal Reserve to pause its monetary tightening strategy in June momentarily. Patrick Harker, President of the Federal Reserve Bank of Philadelphia, said a pause in interest rate increases should be considered in the forthcoming meeting. James Bullard, his counterpart from St. Louis, echoed this sentiment in a published essay on Thursday, suggesting that interest rates would likely be at the lower spectrum of what is necessary to subdue inflation. SPY's Movement: From 419.38 Breaker Block to 422.04 Order Block https://preview.redd.it/alnnhrvh9i3b1.png?width=1186&format=png&auto=webp&s=baa145822c58f99e1183264490488e06cb56f098 https://preview.redd.it/9xhqbt3j9i3b1.png?width=1456&format=png&auto=webp&s=c0f5d44e13e06909e413d525dc8dec31fc5ea8e9 SPY accumulated in the 419.38 - 419.05 breaker block, manipulated to the 417.20 - 416.45 5m Breaker Block and distributed to the 422.99 - 422.04 order block (All levels mentioned in yesterday's post). https://preview.redd.it/att2ikbm9i3b1.png?width=1456&format=png&auto=webp&s=fafb79934d1e7c9f6096bc7f2f3cd0aa1da2e355 Below is the bullish entry model for H1 that has been in play since Tuesday. https://preview.redd.it/jeayar3o9i3b1.png?width=1456&format=png&auto=webp&s=0f6d1b633c539da8887296b963e3df3fcb216e55 Below is the bullish entry fractal on the M5. https://preview.redd.it/49m2z23q9i3b1.png?width=1456&format=png&auto=webp&s=f7e5d555e8589c1e06d222310c9256d88d914742 I was too bearish this morning and emotional, so I lost to the downside but adapted and climbed out of the hole. Went 1 for 2 today on the ES. https://preview.redd.it/mgyjenkr9i3b1.png?width=930&format=png&auto=webp&s=fa29ea2766e133558dfad67ea5779b1294189ca8 Underwater on these puts. https://preview.redd.it/d8w39fkt9i3b1.png?width=1158&format=png&auto=webp&s=86b65e54de9483b6cbe096839c690a682033978f The Red Envelope Revelation: Shaping the Future of Global MarketsTomorrow promises to be a day of significant economic developments, with major reports due that are expected to impact market trends. Chief among these will be May's highly anticipated U.S. Nonfarm Payrolls data. Regarded as a red-envelope news event, this report carries considerable weight as it can catalyze significant market movements.https://preview.redd.it/ysx0k37v9i3b1.png?width=1374&format=png&auto=webp&s=323302c8745e3bd4accebafc08a2d7b991bd5395 At 8:30 am (ET), the U.S. employment report is scheduled to be released. This crucial index is poised to provide an overview of the current state of the American job market. The median forecast for this report stands at 190,000, down notably from the previous figure of 253,000. If these predictions hold, this could signify a slight slowing in job creation which may stir market reactions. Simultaneously, the U.S. unemployment rate for May will also be announced. Current estimates suggest a minor uptick to 3.5%, up from 3.4% in the previous period. Though minimal, the incremental rise could fuel discussions around labor market conditions and future policy decisions. Alongside this, the U.S. hourly wages for May will be disclosed, with projections pointing to a 0.3% increase. This is somewhat lower than the 0.5% growth experienced in the previous month. Such a decline might trigger concerns about wage growth stagnation, consequently influencing market sentiments. Lastly, the year-over-year increase in hourly wages will also be unveiled, with forecasts predicting a slight dip to 4.4% from 4.5%. This figure will further feed into analyses of wage growth and the general health of the U.S. economy. All eyes will undoubtedly be on these significant economic reports, eagerly anticipating their implications on the U.S. and global markets. COT Data - E-MINI S&P 500Overall, trading activity seems to increase across all groups, with a mix of bullish and bearish sentiment changes. The increase in short positions among Dealer Intermediaries and Leveraged Funds suggests a growing bearish sentiment among these groups. Meanwhile, Asset ManageInstitutional and Other Reportables showed a shift towards a more bullish sentiment, increasing their long positions and decreasing their short positions.The new COT report for E-MINI S&P 500 as of May 23, 2023, shows the following positions:
SPY Technical Outlookhttps://preview.redd.it/wj9rm7ny9i3b1.png?width=1388&format=png&auto=webp&s=838868009e464a582b160e3172e1b98ba6ef054bH1 Chart Bias: Bullish If the character change is lost at 421.27, my attention will shift toward the buy-side imbalances (FVG). Support can be found at M5 blocks at 419.74 - 418.98 and 418.75 - 417.51, where I will seek out the buy entry model pattern (must break the character change before making a new high). The H1 block at 417.08 - 416.23 provides significant support. If today's high is surpassed with a gap up, I will aim to fade to 422.99 - 422.19 (TP1), with runners left for the 421.27 change of character (TP2) and the M5 blocks (TP3) mentioned previously. Buy entry model pattern: https://preview.redd.it/6hohp4r4ai3b1.png?width=1456&format=png&auto=webp&s=1697c707bb73b750b42296919b6f1e6682d2a8cb Here is the profile to finish out the week that I’m watching. Note that I lifted these models off of silkyfx on Twitter. They have great educational content and are worth the follow. https://preview.redd.it/ofip79qaai3b1.png?width=619&format=png&auto=webp&s=a4de218f741c85bb7279d0225667410c39f98ad9 Critical Levels to Monitor Confirmed Dealing Range: 0%: 422.99 50%: 416.44 100%: 409.88 Change of Character:
Note the bearish H1 RSI divergence. https://preview.redd.it/r60dirtdai3b1.png?width=1456&format=png&auto=webp&s=c0ef9c83105c3055787cab402d8dedbbf1883fed Thanks for reading! |
2023.06.02 02:52 Hot_Bar5408 TicWatch Pro 5 - First Thoughts
2023.06.02 02:44 TheCurserHasntMoved (Sneakyverse) The Drums of War: Stirring
2023.06.02 02:03 samwich47 High FPS Gaming machine (Competitive gaming) - inclusive of 4k video editing