20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Israel is gearing up for a significant military operation in Rafah, with plans to evacuate Palestinian civilians and target the last Hamas stronghold.
David Mencer, a spokesman for Israel’s prime minister, confirmed the operation as revealed by the Washington Post, emphasizing efforts to minimize civilian casualties.
“We are moving ahead with our operation to target Hamas in Rafah. We will, as usual, be making every effort to move civilians out of harm’s way,” Mencer stated.
Preparations in Southern Gaza
In anticipation of the assault, extensive preparations are underway in southern Gaza. Satellite imagery and online videos have revealed the construction of large tent camps near Khan Younis and Rafah.
These camps have expanded rapidly, with the footprint of tents near Al-Aqsa University nearly tripling in size within two weeks.
Another camp, close to the Egyptian border, continues to grow, indicating preparations for a large-scale displacement.
A month ago, U.S. President Joe Biden warned Israel Prime Minister Benjamin Netanyahu that a major assault on Rafah would be a mistake.
On Wednesday, Biden signed the $95 billion foreign aid bill, which includes $26 billion in funds for Israel and humanitarian aid for Gaza among others. Israeli President Isaac Herzog thanked the U.S. Senate for its strong support.
Turkey has criticized the U.S. for what it perceived as double standards in human rights policies. The Turkish foreign ministry expressed concerns that the U.S. annual rights report does not adequately address the ongoing conflicts in Gaza.
Earlier on Wednesday, the Israeli Defense Forces (IDF) struck 40 Hezbollah targets in the region, targeting storage facilities, weaponry, and other terror-related infrastructures.
Market Reactions
Israeli stocks, as tracked by the iShares MSCI Israel ETF (NYSE:EIS) traded 0.8% lower at midday trading Wednesday. Oil prices were 0.6% lower, while gold inched 0.1% higher.
Read Now: US Economy Expected To Grow 2.5% In Q1: Not ‘A Hard Landing And Hardly A Soft One’
Photo: Shutterstock
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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