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…
Overview In this analysis, we’ll take a closer look at the CL futures chart, which displays daily price action along with several technical indicators, including a Simple Moving Average (SMA), Pivot Points (traditional, automatic setting), and the Relative Strength Index (RSI). CL Technical Analysis Trend and Price Action Prices were in an uptrend from February Read More…
Introduction Based on our analysis this week, we can see that Bitcoin is currently in a short-term bearish trend after a big pump at the start of the year. There is a descending channel pattern starting from late March. This pattern is characterized by consistent lower highs and lower lows within the channel. Support and Read More…
