The Fed raised interest rates by 25 basis points, sending equity markets higher. Technical analysis point toward a strong bullish bias. Utilizing the stochastic indicator to enter into trades on retracements. The Fed The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as Read More…
Inverse head and shoulders give a tremendous guide for possible future price action. How traders can capitalize on the potential uptrend on shorter time frames. Inverse head & shoulders on the daily A significant head & shoulders pattern has been spotted on the daily chart. There are two possible necklines that I have drawn onto Read More…
Double-top formation is the most apparent technical indicator we are focusing on. RSI bearish divergence adds some strength to the potential double-bottom. Why expectations lead to disappointments in financial markets. Technical Analysis The daily chart on 6B is currently forming a double-top pattern. Price is still a way away from the neckline, but traders who Read More…
Two trade possibilities for both the bears and the bulls in the RTY futures contract. The Fed’s meeting schedule for this year. Russell 2000 futures traders story about Michael Liss. Simplify technical analysis & think in probabilities The RTY chart is painting a picture of simplicity at the moment. The trade idea is a simple Read More…
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…
