Introduction The Nasdaq e-mini futures (NQ) painted a huge bullish candle from last Friday in the form of a doji that is busy confirming a morning star pattern. The price has already pushed above last Friday’s high, confirming the bullish price action. The doji from Friday also bounced right off the 100 MA. This could Read More…
Key Updates For Gold Futures Current Prices and Trends: Gold futures are currently trading around $2,364.75 per ounce. The market has experienced some volatility, with prices ranging between $2,358.30 and $2,369.00 in recent trading sessions (Investing.com). Market Sentiment: Analysts note a bearish sentiment in the near term, with key support levels under threat. This outlook Read More…
Introduction In our previous analysis on ES, we noted that the bulls were struggling to push price above the recent high and resistance zone at $5333. Now that a week has passed, the bears have stepped in and there is a red engulfing candle forming on the weekly chart that could close as a evening Read More…
Introduction The Nasdaq 100 futures are currently trading around 18,876.75. Over the past month, the index experienced a gain of approximately 5.76% since late April (Barchart.com). This performance is driven by strong corporate earnings from major tech companies like Nvidia and Microsoft, which have posted better-than-expected results. Nvidia’s surge of 9% following earnings and optimistic Read More…
A quick recap on our CL analysis done earlier in the week needs to be done as CL has failed to break below the support zone. The bulls stepped back in and the chart has put in a solid bottom candle formation. If we grind down to a shorter time frame, there is a false Read More…
All Time High Resistance ES bulls attempted to break above the all-time high but have failed with a nasty-looking daily candle for the 23rd. This could be an opportunity to short as there is also some small bearish resistance on the RSI. Long Trade Opportunities Short Trade Opportunities News Events Coming Up To Watch Consumer Read More…
