Introduction The Nasdaq 100 Futures (NQ) are continuing the slow, controlled pullback that began after the index surged to fresh all-time highs in late October. Price action remains consistent with the consolidation described in the previous analysis. Despite recent softness, the uptrend remains intact, with NQ still trading comfortably above its major moving averages. The Read More…
The currency futures markets witnessed a broader improvement in market activity as the global policy, inflation expectations, and international capital shifted. The Eurozone inflation data and European Central Bank decisions influence the Euro FX contract (6E). Meanwhile, the Yen futures (6J) mirror the shifting expectations regarding Japanese macroeconomic policy. The US-China trade talks boost market Read More…
Oil prices held steady on Thursday as market participants looked forward to the meeting between Trump and Putin in Alaska. At the same time, a surge in Fed rate cut bets has boosted optimism about a stronger economy and robust oil demand. However, there is downward pressure from weak demand and prospects of increased oil Read More…
Trading the financial markets can be tough. As traders, we’re constantly searching for that edge – tools that give us an advantage and increase our chances of profitable trades. In my experience, the Fisher Transform indicator has proven to be one such powerful tool. In this article, I’ll explain how I use this indicator in Read More…
Chart Overview – Daily Timeframe (YM) Current Price: 43,865Change: +155 (+0.35%)50-day MA: 43,661200-day MA: 43,060RSI (14): 43.90 — declining momentumATH (All-Time High): ~45,280 (not reclaimed) Technical Analysis Structure & Momentum: Risk Zones: Market Context Relative to Other US Indices: Macros in Play: Probability Table Scenario Estimated Probability Commentary Reclaim ATH and push above 45,300 20% Read More…
Price Action Overview Market Context Since bottoming near 38,000 in April, YM has staged a persistent, low-volatility rally forming a clean ascending triangle pattern, typically a continuation formation when appearing after an uptrend — which is what the longer-term trend supports. Today’s price action shows tight coiling just below resistance and above trendline support, so Read More…
