Last few trading days of the year...support levels in INChi all, well last week or the last two weeks was a nice correction and the Federal Reserve is now done. What does that mean for the traders? Maybe a Christmas rally? I would say we could see a nice rebound for the last few days of the year. so lets look at the facts...
The Federal reserve next move on rates is on the CME link and we have none coming to start 2025. Seems they will hold rates where they are as we are checking now and the countdown has started 38 days away. We all know things can change as we move into January. see the link are rates are stable...
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html Next Fear and Greed index is bad! we are in FEAR all over the place last week and the worst is over. Many took profits and now we can see a move back into a December Christmas rally or not. Everyone wants to make some money before the year is over. see the link....its all FEAR...
https://www.cnn.com/markets/fear-and-greed Now the warren buffet indicator is still showing well over 200% and went up!! so right now things are looking bullish to end the year. These indicators do no lie and this is why i feel we can see a Christmas rally one more time! see the link.
https://en.macromicro.me/charts/406/us-buffet-index-gspc Civilian unemployment rate is still showing many are working and there was no increase in the US. So far i see no bad news? see the link....
https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm now looking at INC trust. A great way to get paid a dividend every month and this investment has been around the longest for Quadravest. The cylcle is in for the next wave higher into 2025 and i did post a target into the new year at some point of $25 a share. Remeber we are behind this move over the past few months and the banks and investments will correct in this stock. So below our trend is supportive and there is nothing stopping us to move higher above $9 a share. Any day you will see us move higher and at some point pop even .50 cents move. The shares outstanding is big time supportive only 3million out there in total.
see the latest chart over the past 2 months. very bullish.....over $9 and continue into 2025 with a 52 week new high.
here is the latest video from Chris and his review going into 2025..
the latest moves in in INC, the ask price is very aggressive into 2025. With the low shares outstanding the value can add a nice spike in the share price. All it takes is one trading day...
Level 2 Quote
Level two quotes - Bid | Number of Shares | Bid Price |
| 200 shares | 200 | 8.510 |
| 5,700 shares | 5,700 | 8.500 |
| 200 shares | 200 | 8.300 |
| 500 shares | 500 | 8.260 |
| 200 shares | 200 | 8.160 |
| 500 shares | 500 | 8.000 |
| 3,000 shares | 3,000 | 7.900 |
| 5,000 shares | 5,000 | 7.860 |
| 500 shares | 500 | 7.600 |
| 1,600 shares | 1,600 | 7.560 |
| 200 shares | 200 | 6.350 |
Level two quotes - Ask | Ask Price | Number of Shares |
| 8.730 | 400 | 400 shares |
| 8.850 | 4,500 | 4,500 shares |
| 8.950 | 1,000 | 1,000 shares |
| 8.960 | 700 | 700 shares |
| 8.990 | 600 | 600 shares |
| 9.000 | 4,400 | 4,400 shares |
| 9.200 | 300 | 300 shares |
| 9.250 | 1,000 | 1,000 shares |
| 9.350 | 1,500 | 1,500 shares |
| 9.600 | 200 | 200 shares |
| 9.840 | 500 | 500 shares |
| 9.980 | 900 | 900 shares |
| 11.120 | 3,000 | 3,000 shares |
| 11.490 | 400 | 400 shares |
| 11.600 | 200 | 200 shares |
| 12.000 | 2,000 | 2,000 shares |
| 13.000 | 600 | 600 shares |
| 13.500 | 100 | 100 shares |
| 13.800 | 1,700 | 1,700 shares |
| 14.350 | 200 | 200 shares |
| 14.390 | 1,100 | 1,100 shares |
| 15.000 | 100 | 100 shares |
| 15.460 | 300 | 300 shares |
| 16.000 | 7,500 | |