Dow Jones Futures (YM) have slightly underperformed by about 5% vs. ES and NQ, but nevertheless, the trend is bullish. The key feature on the daily chart is the ascending triangle formation, which gives us a target at the 200% FIbo level. This is the bullish target for the medium term. Keep an eye out Read More…
Introduction CL ended last week with a spinning top formation on the weekly chart after a fairly small range of trading. Volume was also slightly below the weekly average telling us that there was indecision in the market and a potential move coming up that we can capitalize on. The week prior we saw CL Read More…
Introduction Gold has been the standout so far this quarter as geopolitical tensions persist. It is not only acting as a safe haven, but the chart has some great formations we can take advantage of. The daily chart shows just how strong the trend has been since November 2023, with the 21-week Simple Moving Average Read More…
RTY Chart Overview In this analysis, we’ll take a closer look at the daily chart of the E-Mini Russell 2000 Index Futures, focusing on the potential head and shoulders pattern, support zone, and key technical indicators. Head and Shoulders Pattern The chart highlights a possible head and shoulders pattern, which could lead to a bearish Read More…
Chart Overview In this analysis, we’ll take a closer look at the daily chart of the Euro FX Futures, focusing on the price movements as 6E has been stuck in a range for over one year. This range is between well-defined support and resistance zones, with the resistance zone at 1.10265, and the support zone Read More…
S&P 500 Chart Overview In this analysis, we’ll dive into the daily candlestick chart of the S&P 500 E-mini Futures, focusing on the technicals and chart patterns as ES bulls make a return. ES is up 5% since its low from April and the selling pressure appears to be weaking more and more. Price Action Read More…
