Technical Analysis: The S&P 500 E-mini futures remain in a tightening range, just beneath their all-time high of 6,166.50. After a strong May rally, price action in June has flattened out into a classic consolidation pattern. Despite brief pushes above the 6,000 mark, the index has failed to follow through with a sustained breakout. Momentum Read More…
Key Technical Developments Since Last Analysis: Technical Analysis Chart Structure: The triangle pattern has now confirmed a clean breakout, validated by a bullish expansion in range and follow-through. However, the past 2–3 daily candles are showing small-bodied indecision, implying consolidation just below the key $3,509 resistance level. Moving Averages: Resistance & Target Levels: Momentum Outlook: Read More…
Technical Breakdown Resistance Zone (22,264 – 22,425): MACD: Moving Averages: Outlook & Trade Setup: Term Bias Notes Short-Term (1–2 weeks) Cautious Bullish Price nearing ATH, but momentum is fading. Risk of rejection. Medium-Term (June–July) Bullish Breakout above ATH could trigger a run to 23,151 (R2) or 24,444 (R3). Long-Term Structural Uptrend Macro trend remains bullish Read More…
Current Price: $73.51Change: +0.73%Move from June low: ~$60.09 → ~+22% rally Key Technicals: Crude has triggered a high-momentum breakout from a zone where CL was consolidating for a long time. This wasn’t a grind higher, though; this was a news-driven surge with a technical structure now favoring trend continuation, but with risk of overextension. Middle Read More…
Price Action & Momentum Technically, DXY is in a confirmed bear trend. A sustained close below 97.93 would expose the 96.75 level next (S2). Reclaiming 100 would be necessary for bulls to regain control. Macroeconomic Pressures on the U.S. Dollar Rate Cut Expectations Soften Yield Appeal Twin Deficits – Fiscal and Current Account Political Uncertainty Read More…
Technical Overview Resistance Zone & ATH Key Pivot Levels Pivot Zone Price ATH / R1 22,425.75 R2 23,151.50 R3 24,444.00 Pivot (neutral) 20,971.50 S1 (support) 20,084.00 It looks like its just a matter of time before the price breaks above the high but nothing is certain in markets so we have to wait and see. Read More…
Chart Structure Symmetrical Triangle Previous Demand Zone Indicators RSI (14) Pivot Levels Level Description S1 $3,143 Key support/demand base Pivot $3,246 Inside triangle, base for breakout R1 $3,468 Initial resistance on breakout R2 $3,620 Primary measured target R3 $3,792 Stretch target if breakout is impulsive Market Context Trades Bullish Breakout Entry Failure Reversal Watch Bear/Bull Read More…
Introduction Nicholas Patterson from Opelika, Alabama, completed his OneUp Trader evaluation in just 15 days and has been steadily improving ever since. At 33, he works as a freelancer in film and music production while still developing his bond trading strategy. “I enjoy the flexibility that comes with making a profit from the markets,” Nicholas Read More…
Technical overview Support & Resistance Zone/Level Description R1 ($64.89) Near-term resistance; price now testing. R2 ($68.98) Strong resistance; top of the supply zone. S1 ($56.00) Major support from mid-April low. Pivot ($60.09) Previous consolidation base. Highlighted Supply Zone Momentum & RSI The recent move marks a clear bullish structure of higher lows and higher highs. Read More…
Trend Structure Key Support Levels Level Comment 102,720 (Pivot) Immediate short-term support; being tested. 95,095 (S1) Stronger horizontal 85,060 (S2) Lower support level of the channel uptrend. Resistance Levels Level Comment 110,150 (ATH) Psychological and technical ceiling. 113,755 (R1) Short-term price rejection zone. 122,380 (R2) Upside breakout target post-ATH. Market Psychology Trade Setups Scenario A Read More…
