Introduction The NASDAQ 100 (NQ) has staged a strong short-term recovery from the 19,000 support zone, pushing back above the lower trendline of the long-term rising channel. This move follows a steep correction off the double top formation near 22,000. Technical Breakdown Chart Structure Bull vs Bear Case Bull Case: Bear Case: Trade Opportunities (Short-Term) Read More…
Focus: Recovery Attempt from Post-ATH Breakdown The S&P 500 E-mini futures (ES) are staging a sharp rebound after the mid-March correction, pushing higher for the sixth session in a row. This move comes off the back of oversold RSI conditions and follows a significant rejection from the all-time highs marked in February. Technical Overview Key Read More…
Currency futures eased on Monday as the dollar strengthened after upbeat US business activity data. At the same time, risk appetite fell as market participants gear up for more Trump tariffs in April. The outlook for the global economy remains dim amid escalating trade wars. Data on Monday revealed that US business activity jumped in Read More…
Introduction Crude Oil Futures (CL) have been trading in a steady downtrend since October 2023 with small bounces here and there. Now Crude oil has tested the multi year support level at $68 per barrel. The probabilities align with the bulls being stronger at this point as the support level has successfully held over eight Read More…
Interest futures rose to end the week bullish as poor risk appetite sent investors to the bond market. Economic uncertainty in recent weeks and looming Trump tariffs have hurt equities and Treasury yields. Equities and yields (Source: Bloomberg) Trump’s tariff campaign in recent weeks has clouded the outlook for the global economy. More than that, Read More…
Technical Overview Outlook & Trade Considerations Outlook: The Russell 2000 futures show short-term relief but remain in a bearish structure. A move above 2,210 is necessary for further upside, while 2,084 and 2,003 are critical support levels to watch.
