Bulls have finally broken through the down-trend channel Fibonacci levels that bulls are targeting Interesting story about an NQ futures trader What’s going on NQ futures broke out of the downtrend channel back on January 20th and has remained above it since. There is a lot of optimism in the market at the moment as Read More…
Stay informed with our technical analysis of the S&P 500 futures. A potential formation of an evening star pattern and the struggle to break through resistance at $4033.25. Follow our analysis for insights on the market before the FED interest rate decision on January 31st. Quick recap In our analysis from last week, we looked at Read More…
The latest in futures trading as the Euro sees a 14% increase against the dollar. How market analysts anticipate the Federal Reserve’s interest rate policy. Dollar weakness to affect future trends in 6E futures. 6E Futures surge 14% since September The Euro has seen a significant increase of 14% against the dollar in recent months. Read More…
Discover how to profit from the current rally in crude oil prices driven by a weak dollar. RSI, 1-2-3 reversal pattern, Symmetrical Triangle, and pivot points all point toward bullish momentum. Trading chart for us to visualize the bullish targets and price momentum. The driving force behind this rally Undoubtedly, the driving force behind the Read More…
Gold completes a bullish break of a rising wedge pattern on the daily chart. RSI is overbought and showing signs of a possible consolidation or retracement. A very interesting story about a gold futures trader who did not close his position in time. Rising Wedge Update Last week we looked at the rising wedge in Read More…
Price finds resistance at the year-long trend line once more. Yesterday’s session forms a bearish candle, but bulls appear to still be in control. Why the market rally we have seen recently is purely fundamental. Year Long Trend Line Strikes Again The trend channel we have discussed so many times in the technicals has proven Read More…
Meet Julian, a skilled trader from Argentina who resides in beautiful Ghent, Belgium. Julian’s trading style is that of a scalper, where he trades e-mini contracts such as the S&P 500 and Crude Oil, utilizing 5-minute and 1-hour charts. His expertise in this field has led him to achieve a significant milestone in his trading Read More…
Recent inflation trends mean the Dollar is weakening and the Pound is strengthening The world bank is calling for a recession this year Bulls are in full control as they target the point of control level at $1.3 Fundamentals Driving New Price Discovery With the recent inflation showing a reversal in trend, we are seeing Read More…
Bulls are in full control as ES rallies on all time frames. Price hovers around the year-long trend line. Divergence spotted on the hourly chart. Last Weeks Analysis Spot On Last week we analyzed the potential for a bullish breakout of a small consolidating pattern and set targets at $4,000. ES ended up breaking out Read More…
Looking at the triangle pattern on the daily chart and potential targets. Heavy bearish divergence spotted on the hourly chart. Daily Outlook There is one main technical pattern we can look at on the daily chart for CL. That is the triangle pattern in which crude is trading at the top of its range which Read More…
