Introduction Following on from our previous analysis, Gold futures have broken above the all-time high once more. Price action remains firmly above both the 50-day moving average at $3,527 and the 200-day moving average at $3,184.9 as bulls continue to dominate the market. The RSI now sits above 75, entering overbought conditions. This is normal Read More…
Introduction After a strong rally that pushed NQ toward the 25,000 psychological level, momentum has stalled slightly with the last two sessions in the red. The overall trend is still bullish, however, and bears still have a lot of work to do if they want to reverse the outlook of the NASDAQ. Let’s take a Read More…
Introduction Bulls continue to dominate the price action for Gold futures as the yellow metal has made another all-time high. The RSI has been overbought for almost a month and price is clearly above both the 50 and the 200 moving average. Lets take a closer look at the technicals and see what they say. Read More…
Introduction Crude oil is hovering around $62.30–62.50, finding buying pressure inside of a support zone. After months of steady selling, bulls are starting to find some strength and are looking to push the price back up toward the 50-day SMA. Lets take a deeper look at the technicals and what they are telling us. Technical Read More…
Introduction The Dow Jones Futures (YM) have been grinding higher, recently printing 46,488 before cooling off slightly. While momentum has slowed, the index remains firmly in a bullish structure, supported by its moving averages and higher highs. Technical Update Trend Support:Price is holding comfortably above the 50-day MA at 45,131 and the 200-day MA at Read More…
Introduction The Nasdaq 100 (NQ) has powered into new all-time highs (ATH), breaking above the 24,068 resistance and climbing to 24,720. The move confirms continued bullish strength in tech, but momentum is stretched, leaving the index vulnerable to a short-term cooldown. Technical Update Key Levels Level Type Note 24,720 Resistance Current high, extension point 24,068 Read More…
