Introduction Nikkei futures printed a sharp reversal day today on Monday the 13th of July, opening at 69,070, pushing up to 69,225, then selling off hard to close at 67,355 near the session low. That’s a wide-range bearish candle after a strong multi-month uptrend, and it’s testing the 50-day moving average at the moment. Looking Read More…
Featured Snippet: What Are Trend Lines in Trading? Trend lines are lines drawn on a price chart to show the direction of a market. They connect key highs or lows and act as support or resistance levels. Traders use trend lines to identify trends, spot entry points, and anticipate potential reversals or breakouts. More importantly, Read More…
Introduction S&P 500 futures are retesting the underside of their June swing high after reclaiming the 50-day moving average on the pullback. Price is currently at 7,581.25, just below the 7,650 area that capped the rally in early June. It is an important zone now, there are some flags forming on lower time frames, so Read More…
Introduction Nasdaq 100 futures are still consolidating below their June highs, but the structure on the daily chart is starting to take shape. Price closed at 29,718.75, holding just above the rising 50-day moving average after bouncing off a fresh swing low earlier this week. The bigger question is whether this is basing for another Read More…
Introduction Gold futures have spent the past five months unwinding a powerful rally that took the metal from roughly 2,900 in December to an all-time high near 5,414 in February. Since that peak, bears have carved out a persistent downtrend, and gold is now trading at 4,458.5 — testing a zone where a long-term support Read More…
Introduction Nasdaq 100 futures continue to hold up well after their strong spring rally, even as the index takes a breather below its recent all-time highs. NQ ran from roughly 24,000 in April to a high near 31,000 by early June, and price has spent the last month digesting that move rather than reversing it. Read More…
Introduction Dow Jones futures continue to perform well in the medium to long term, like the rest of the US equity markets. The interesting thing is that YM is actually performing slightly better in the short term than ES and NQ. We have seen a small consolidation in those markets while the Dow has actually Read More…
We’re excited to announce that the OneUp Trader Discord channel is officially back and better than ever. Whether you’re looking to sharpen your trading skills, connect with fellow traders, or take advantage of exclusive member perks, our Discord is the place to be. Here’s what you can expect: To celebrate the relaunch of our Discord Read More…
Introduction It’s time for another Trader Spotlight, and this week we’re looking at Erfan, a trader whose statistics challenge one of the biggest misconceptions in trading. Most traders believe they need to win more often than they lose. After all, if you’re wrong nearly two-thirds of the time, how could you possibly make money? During Read More…
Introduction Nasdaq futures are consolidating after the explosive rally from the April lows. Since our previous analysis, buyers have successfully defended the 50-day moving average, but they have also struggled to produce a decisive breakout above the 30,800–31,000 resistance zone. Instead of seeing either buyers or sellers take control, NQ has moved into a triangle Read More…
