Introduction Gold futures have broken lower since our previous analysis, the support that buyers had been defending throughout late May and early June has broken to the downside. From here it is important to see how the bulls react at this level. If we see continued selling pressure, we could see GC fall to $3,600. Read More…
Currency futures collapsed last week as the dollar soared amid rising hostilities in the Middle East. The biggest move came on Friday when the US released a solid jobs report. Market participants increased bets for a Fed rate hike this year. This week, traders will watch the crucial CPI report for more clues on future Read More…
Introduction When the first OneUp Trader newsletter was published back in July of 2022, the goal was to give traders useful market insight and talk honestly about futures trading, strategies, and what our traders have achieved. Over the past several years, markets have moved through extreme volatility, aggressive interest rate cycles, AI-driven momentum, commodity rallies, Read More…
Introduction Dow Jones futures continue to reward buyers after breaking above the previous all-time high that we highlighted in our recent analysis. Since our last update, YM has not only held above the previous ATH at 50,900, but has also continued pushing into fresh record territory. Dow Jones Futures Trend Analysis The structure remains bullish Read More…
Introduction In our previous analysis, we highlighted the $100–$105 region as the key battleground for crude oil futures. We also noted that progress in US-Iran negotiations could continue, removing some of the risk premium that had fueled the rally throughout March and April, and since then, that is mostly what has happened. CL has remained Read More…
US interest futures stayed under pressure as traders repriced the Federal Reserve’s policy path after stronger-than-expected inflation data, with markets moving away from earlier easing assumptions and toward a higher-for-longer stance that now includes limited odds of further tightening. In the SOFR futures strip, selling was concentrated in the front end, with both the September Read More…
Introduction Thousands of traders join a funded trader program every month, but only a small percentage end up making something of it. The reason usually isn’t a lack of knowledge or an inability to trade well. Most traders understand charts, indicators, how to do technical analysis, and how to create a plan. What separates successful Read More…
Introduction Silver futures continue consolidating and have followed gold for the most part. After reaching highs near 420,000 earlier this year, the market pulled back as profit-taking commenced. The current daily chart shows Silver futures trading around 263,500. While the aggressive selling pressure seen during February and March has faded, buyers have also struggled to Read More…
Oil extended gains on Wednesday as renewed tensions in the Middle East dashed hopes for a near-term peace deal between the US and Iran. Meanwhile, a set of upbeat US economic data strengthened the dollar, putting a cap on the oil rally. Last week, talks between the US and Iran were quite successful, almost leading Read More…
Introduction S&P 500 futures continue trading near record highs following the breakout structure we discussed in our previous analysis. Since then, ES has pushed higher from the 7,529 area and is now trading around 7,617 as buyers continue defending every minor pullback. In our last report, we saw MACD forming a bearish divergence, but there Read More…
