Technical analysis Price Action: Moving Averages: Key Levels to Watch Type Price Note Resistance 2,050–2,070 Previous swing highs / congestion zone Resistance 2,192 200-day MA Support 1,995 50-day MA support Support 1,850–1,880 April low and major support zone Broader Context – Small Caps Lag, But Are They Catching Up? Bull Case Bear Case Final Call Read More…
Overview ES has been stuck in a tight consolidation since the beginning of April. There was a steep move up just before the consolidation phase started, which leads me to believe we could be preparing for a bullish breakout. The range is between $4,062.75 and $4,210.75. The rally prior resembles a poll, so what we Read More…
Introduction As we all know, Gold futures have been in a solid uptrend this year as the Dollar has weakened. The main feature on the charts is the bull flag, which we have covered a few times in our technical analysis. The pattern has more than confirmed and is just over halfway away from the Read More…