US interest futures swung swiftly on Thursday after fresh US data showed stronger job growth in September, prompting traders to reduce bets on December rate cuts. A few weeks ago, markets were certain about the rate cut. According to FactSet, the probability of a rate cut is down to 22% from 97% in mid-October. The Read More…
Introduction E-mini Dow Jones Futures (YM) have dipped 5.2% from the recent all-time high of $48,542. The selloff has meant the price has dipped below the 50-day moving average, which bulls will be looking to reclaim. The 200-day moving average is far below the current price; it would be a further drop of 5% for Read More…
Crude oil futures remain under pressure as WTI stays below $60.00 mark, slightly up from Wednesday’s close. However, the broader sentiment remains bearish as traders react to the reports that the US is endeavoring to broker a new peace deal with Russia. This could reshape the global oil supply. Even though the proposal appears beneficial Read More…
Gold futures edged higher on Wednesday as traders weighed shifting expectations for the Fed’s rate, softening labor market data, and an unsettled geopolitical backdrop. The December COMEX gold futures held modest gains above $4,100 area during the European session. Fed’s December rate cut expectations have trimmed to 49%, as reflected by the CME FedWatch Tool. Read More…
Introduction Crude oil futures (CL) have continued to consolidate since our previous analysis. Despite last week’s rebound from $56–$57 support, buyers have not been able to force a breakout above the 50-day moving average. Bears will be aiming for the lower support zone at $56, while bulls will be trying to push the price above Read More…
US equity futures remained steady on Monday night after a dip in tech stocks led to a decline in the markets. Investors are keenly watching Nvidia’s earnings report and the delayed economic data due this week. Dow Jones Industrial Average futures gained 0.1%, while S&P 500 and Nasdaq 100 added nearly 0.2%, offering stability after Read More…
Introduction The Nasdaq 100 Futures (NQ) have rebounded on Monday, showing the first sign of stabilization after the sell-off began in late October. Price action now sits right on top of the same support zone highlighted in the November 4th analysis, where the previous all-time high, 50-day moving average, and pivot structure converge. While momentum has Read More…
Currency futures slipped on Monday as the US dollar extended gains for the second consecutive session, as the December Fed rate cut expectations faded. The CME FedWatch tool now shows a 43% probability for the next rate cut, down sharply from 67% a week ago. Euro futures (6E) extended a correction from 2-week highs as Read More…
Introduction Last time we featured Geoffrey, a registered nurse who traded futures on the side and withdrew $13,000 in just six trading days. Since then, he’s continued his winning streak — his latest withdrawal added $14,000 in only six days, bringing his total withdrawals to $30,500. What makes this even more impressive? Geoffrey balances his demanding Read More…
US interest futures experienced a decisive reset on Friday as market participants reassessed the Fed’s policy trajectory after the US government shutdown ended. The reduced uncertainty and potential visibility of key data have triggered a divergence between short-dated and long-dated contracts. Short-dated interest futures, such as 2-year Treasury futures and Fed funds, jumped after the Read More…
