US equities extended their bull run on Monday, with the S&P 500 hitting a third consecutive all-time high, while futures remained steady on Tuesday. The rally was fueled by AI interest, driven by a 4% surge in Nvidia following news of a $100 billion investment in OpenAI, which further boosted the tech-heavy Nasdaq. Investors Read More…
Introduction The S&P 500 E-mini (ES) continues to push higher, posting new gains after bouncing cleanly from its mid-summer consolidation. While the uptrend is intact and strengthening, the market has entered overbought territory on RSI, meaning that the pace of the rally may slow in the short term. Technical Update Trend StructureES has surged to Read More…
Equities gained on Monday as market participants eagerly awaited a likely Fed rate cut on Wednesday. However, the outlook for future rate cuts remains uncertain as it will depend on how the Fed views the recent weakness in the US labor market. At the same time, the rally came amid optimism over Tesla stock after Read More…
Introduction We are thrilled to announce another huge milestone for OneUp Trader: we’ve officially reached 2,000 Trustpilot reviews! This achievement wouldn’t have been possible without the incredible community of traders who continue to trust us and share their passion for becoming successful in the markets. Every review tells a story and shows the prop trading Read More…
Recap from August 7 In the August 7th analysis, we noted that: Technical Analysis Trend & Structure ES is still in a strong uptrend as bulls remain in control, with pullbacks being no more than a few percentage points. Currently, however, the buying pressure is stalling slightly, and there is a bearish divergence appearing on Read More…
Equities were almost flat on Wednesday as investors eagerly awaited Nvidia’s earnings report. Meanwhile, the stocks ended the previous session down amid worries about the independence of the US central bank. Nvidia is set to report its earnings later in the day. The stock rose in anticipation as analysts predicted another upbeat report. S&P 500 Read More…
