Introduction Gold futures have responded exactly where traders expected a reaction following our previous analysis. There, we looked at how important the 4,400–4,420 support zone was as well as the rising trendline from the April swing low. Since then, buyers have successfully defended that area and pushed Gold back above 4,550. The daily chart now Read More…
S&P 500 Chart Overview In this analysis, we’ll dive into the daily candlestick chart of the S&P 500 E-mini Futures, focusing on the technicals and chart patterns as ES bulls make a return. ES is up 5% since its low from April and the selling pressure appears to be weaking more and more. Price Action Read More…
Introduction Dow Jones futures continue testing the record highs after successfully breaking above the previous all-time high earlier this week. In our last analysis, we highlighted the importance of the 50,900 level as buyers attempted to push into price discovery. Since then, YM has done that, but has not broken through with conviction. The current Read More…