Technical Analysis Adaptive Momentum Oscillator (AMO): Bearish Reversal Signal This is the first red histogram since April, and itβs emerging near resistance. Scenarios π’ Bull Case (Less Likely Short-Term) Catalysts: Hot inflation surprise, stronger U.S. growth, Fed re-hawkishness π΄ Bear Case (Favored Short-Term) Catalysts: Weak economic data, risk-on flows, further Fed cut pricing, strong euro Read More…
Technical Analysis
Euro FX Futures (6E) β Can the Bulls Reclaim the Uptrend?
Introduction Technical Analysis After a strong breakout above 1.13 in April, 6E has pulled back modestly, retracing toward the 50-day moving average and prior support at ~1.114β1.117. Buyers stepped in at that level, and we are now seeing an attempt to regain upside momentum. Price is currently retesting the pivot zone at 1.127, which is Read More…
S&P 500 E-mini Futures (ES) β Rally Grinds Higher, ATH in Sight?
Price Action & Structure Recap of the Recent Setup Technical Indicators Moving Averages Adaptive Momentum Oscillator (AMO) This indicator shows bullish strength, but watch for potential divergence if ES fails to break above R1 (~5,962) soon. Key Technical Zones Level Price Role R2 / ATH Target ~6,170β6,338 Long-term measured move / fib cluster R1 5,962.75 Read More…
Euro FX Futures (6E) – Is the Pullback Over?
Technical Analysis Bullish Structure Intact The Euro surged from below 1.08 in Q1 to above 1.16 in mid-April, breaking through several key resistance levels. The most recent pullback appears to have: Resistance and Key Levels The key technical battlegrounds now are: A daily close above 1.1300 would shift momentum strongly back in the bulls’ favor Read More…
Crude Oil Futures (CL) Bounce Underway, But Resistance Looms
Technical Analysis Double Bottom or Bear Flag? Crude oil has bounced sharply from the $55β56 area and is now testing the lower edge of a confluence resistance zone marked by: The $55.12 level remains as support. This pattern could be interpreted as either: RSI and Momentum Pivot Levels & Context Key Levels Type Price Area Read More…
Russell 2000 (RTY) β Are Small Caps Ready to Rally?
Technical analysis Price Action: Moving Averages: Key Levels to Watch Type Price Note Resistance 2,050β2,070 Previous swing highs / congestion zone Resistance 2,192 200-day MA Support 1,995 50-day MA support Support 1,850β1,880 April low and major support zone Broader Context β Small Caps Lag, But Are They Catching Up? Bull Case Bear Case Final Call Read More…