Price Snapshot (as of May 6, 2025): Technical Analysis Trend Moving Averages RSI Momentum Key Price Levels Type Level Notes Support $3,110 50-day MA & breakout pivot Support $3,000 Psychological round level Resistance None Blue sky breakout Extension $3,500–3,650 Measured move from breakout flag Why Is Gold So Strong? Drivers Behind Gold’s Outperformance Bear Case? Read More…
Technical Analysis
Crude Oil Futures (CL) – Bearish Price Action
Overview: Weekly Chart Technicals: Structure Breakdown RSI Analysis Daily Chart Technicals: Downtrend Intact RSI Key Levels: Type Level Note Resistance $65.00–66.00 Breakdown retest zone (failed) Resistance $70.00 200-day MA + descending trendline Support $55.16 Horizontal support, 2024 low Support $51.46 Measured move + next pivot (S1) Probability Outlook Scenario Probability Trigger Break below $55 → Read More…
S&P 500 Futures (ES) – Breaking Out with a Bullish Bias?
Technical Summary Chart Analysis Pattern Development Outlook Scenario Probability Technical Trigger Continued breakout to 6,170+ 60% Clear path if 5,780–5,800 is reclaimed and held Range-bound pullback first 25% Retest of broken resistance ~5,465 zone before resumption False breakout and failure 15% Breakdown back below 5,465–5,400 with volume Bull Case: Bear Case: Final Take This breakout Read More…
U.S. Dollar Reversal? or Pause in the Pain?
Overview Technical Analysis Price Structure: Macro & Fundamental Drivers Key Economic & Geopolitical Factors Affecting the Dollar Recession Signals Mounting: Federal Reserve Policy Outlook: U.S. Fiscal Policy Risks: Global Central Banks: Risk Sentiment Shift: Comparative Currency View (Short-Term Bias) Currency Current Bias vs USD Rationale EUR Bullish ECB staying firm, EURUSD breakout underway JPY Mixed Read More…
Crude Oil Futures (CL) – Under Sell Pressure
Recap from April 14 Outlook: In the last analysis, CL had just bounced from key support in the $57–$58 zone and was testing the underside of its former value area (~$66), attempting to confirm a higher low. We concluded that if CL couldn’t reclaim and hold above the 50-day SMA and resistance box, a return Read More…
Dow Jones Futures (YM) Technicals Mixed
Recap Current Status:Price has stabilized above $40,000, staging a grind higher — yet no breakout has occurred. Price Overview – April 29, 2025 Technical Picture Price Action: Pivot Levels: Support & Resistance Level Role S2 38,948 Confirmed support S1 40,604 Local resistance → now testing Pivot 42,362 Key inflection zone R1 44,018 First bullish breakout Read More…