Breaking down how the dow jones diverged from other market indices last year. Analyzing the symmetrical triangle formation on the daily time frame. A true story about a trader who turned $5,000 into $15,000,000 in seven years. Quick Breakdown The Dow has been trading sideways for the majority of this year, remaining unchanged so far. Read More…
Bulls have finally broken through the down-trend channel Fibonacci levels that bulls are targeting Interesting story about an NQ futures trader What’s going on NQ futures broke out of the downtrend channel back on January 20th and has remained above it since. There is a lot of optimism in the market at the moment as Read More…
Stay informed with our technical analysis of the S&P 500 futures. A potential formation of an evening star pattern and the struggle to break through resistance at $4033.25. Follow our analysis for insights on the market before the FED interest rate decision on January 31st. Quick recap In our analysis from last week, we looked at Read More…
The latest in futures trading as the Euro sees a 14% increase against the dollar. How market analysts anticipate the Federal Reserve’s interest rate policy. Dollar weakness to affect future trends in 6E futures. 6E Futures surge 14% since September The Euro has seen a significant increase of 14% against the dollar in recent months. Read More…
Discover how to profit from the current rally in crude oil prices driven by a weak dollar. RSI, 1-2-3 reversal pattern, Symmetrical Triangle, and pivot points all point toward bullish momentum. Trading chart for us to visualize the bullish targets and price momentum. The driving force behind this rally Undoubtedly, the driving force behind the Read More…
Gold completes a bullish break of a rising wedge pattern on the daily chart. RSI is overbought and showing signs of a possible consolidation or retracement. A very interesting story about a gold futures trader who did not close his position in time. Rising Wedge Update Last week we looked at the rising wedge in Read More…
