Introduction The S&P 500 is close to ending the year well in the green, currently at an 18.5% return for the year. 7 months have closed in the green, and we will need to wait and see what December brings, but after this rally, it wouldn’t be surprising to see some investors who were long, Read More…
Introduction Crude Oil is now firmly in a downtrend, with the weekly chart printing 6 straight red weeks, and this week looks no different. CL has dropped 25% since September and is approaching a major support zone at $68 per barrel. Weekly Chart Price is now also below the point of control line, which is Read More…
Weekly Chart The weekly chart has seen 5 green weeks in a row, but this week has started off differently as NQ price rallied into a resistance zone at $15931, and price immediately began to sell off. Last week’s spinning top close is also a worry for the Bulls, but they will hope it is Read More…
Introduction Last week, Gold was trending because of how close it was getting to breaking all-time highs. We finally saw that happen, and it was explosive. GC futures burst out of the all-time high, with the price surging 3.15% in 30 minutes. Let’s see what the technicals are telling us now and how we can Read More…
Introduction The T-Bond Futures (ZB) market exhibits a notable consolidation forming on the daily chart, with current price action gravitating towards the 50 and 100 moving averages, signaling potential shifts in market sentiment for the time being. Daily Chart Analysis It is clear that ZB has been a short sellers dream for the past few Read More…
Weekly Chart Analysis:The weekly chart gives us a broader perspective and a longer-term view that we use for our trend analysis which means the weekly doesn’t necessarily have to be a chart we look at taking positions. The noteworthy psychological $100 level stands out, but before we get there, let’s focus on the more immediate Read More…
Last week, we analyzed the price action in Gold and maintained a bullish stance on the yellow metal. As we look at the updated price discovery, nothing has changed with GC now moving into a price level to test an important resistance level at $2019. The Gold chart shows a significant recovery from a support Read More…
Introduction Today, we take a technical view of the NASDAQ 100 E-mini Futures (NQ) using both weekly and daily charts to identify critical price levels and trends. Equities are targeting all-time highs, and NQ is no different. Let’s see what the charts tell us and if we see all-time highs being hit by year’s end. Read More…
Who is Cesar V. & His Journey with OneUp Trader Cesar V., a remarkable funded trader from Mexico, has achieved an extraordinary feat in his funded trading account. In under 40 days, Cesar withdrew a staggering $76,500 from his $250K funded trading account with OneUp Trader, and he’s currently managing over $50,000 in unrealized profits. Read More…
IntroductionThe E-mini Dow Jones (YM) Futures have been exhibiting a consolidation and breakout pattern, as observed in the weekly and daily charts. We must closely monitor these fluctuations to gauge the market’s course as we approach the end of the year. Do you think we will reach all-time highs in equities before year’s end? Let’s Read More…
