Author
Emilio Jay
Technical Analysis

S&P 500 Technical Outlook Amid Iran-Israel Tensions

The S&P 500 experienced a sell-off towards the end of last week’s trading session, largely due to concerns over imminent Iranian retaliation against Israel. However, over the weekend, Iran launched an operation against Israel, but most of the attacks were intercepted without any casualties. Following this, Iran concluded the operation, and the US informed Israel Read More…

Technical Analysis

Dollar Bulls Take Control

The March CPI data has delivered a significant boost to the US dollar, effectively wiping out expectations of a June rate cut by the Fed. This development will prove frustrating for the central bank, though the strong economic growth provides them the luxury of patience. The high inflation figures have several key implications. Firstly, they Read More…

Technical Analysis

Russell 2000 Futures (RTY) Technical Outlook

In the global markets, a cautious stance prevails as investors await the release of the U.S. consumer price inflation data for March. This anticipation follows a strong U.S. jobs report last Friday that exceeded expectations, fueling speculation about the Federal Reserve’s interest rate plans. Based on the inflation numbers, today’s news could send RTY higher. Read More…

Crude Oil Futures
Technical Analysis

Crude Oil Futures Edge Higher, RSI Bullish

Crude oil futures traded higher on Tuesday morning as ongoing geopolitical tensions in West Asia continued to impact the market. Brent oil futures were up 0.29% to $90.64, while May West Texas Intermediate crude futures gained 0.21% to $86.61. Tensions in the Middle East drove the surge in crude prices. The much-anticipated peace talks between Read More…

Technical Analysis

S&P 500 (ES) Futures, Bulls In Control

S&P 500 Futures Rise Amid Fed Rate Cut Speculation Investor concerns over prolonged higher interest rates weighed on the S&P 500 last week. Federal Reserve Chair Jerome Powell emphasized the need for concrete evidence of inflation nearing the 2% target before considering rate adjustments. This cautious stance has led to a downward revision in market Read More…

Crude Oil Futures
Technical Analysis

Crude Oil Futures: Technical Outlook

Trade Opportunities and Levels to Watch: Support Levels: Resistance Levels: MACD Indicator: Volume: Trade Strategy: Stay vigilant for any signs of trend weakness or reversal, and remember that trading requires flexibility. If the market structure changes, be prepared to reassess your strategy and manage your positions accordingly. Always ensure your trades align with your risk Read More…

Strategies

Triangle Chart Pattern Trading Strategy

Introduction The triangle chart pattern is a popular technical analysis formation used by traders to identify potential trading opportunities. This pattern is formed by converging trendlines, creating a triangular shape on the price chart. There are different types of triangle patterns, including: This guide will provide an overview of the different triangle chart pattern trading Read More…

Nasdaq 100 index futures (NQ)
Technical Analysis

NASDAQ Futures (NQ) Trade Opportunities

Weekly Chart Analysis: Key Levels to Monitor: Daily Chart Analysis: Trade Strategy: Before entering any trade, confirm it aligns with your risk tolerance and trading plan. Monitor the trade actively, adjusting stop-losses and targets as the market moves. Stay informed and be ready to act on new information that could influence market direction.