The Bull target for ES at 4,105 has been hit. Market in anticipation of the Feds meeting on December 12. A bull flag pattern has been spotted on the hourly chart. Bull Target Hit From Last Week’s Analysis Last week we mentioned the possibility of ES rallying up to the top of the downward trend Read More…
Bulls may be targeting the top of the medium-term downward channel. A look into the consolidation zone ES has been trading within. Bullish candlestick formations on the monthly chart. Price Rallies Through Liquidity Zone We have seen higher prices in most equity markets since the CPI release came in lower than expected on November 10th. Read More…
The weekly chart shows a bullish false-break candlestick formation. Analyzing the support/resistance band on the 4-Hourly chart. A look into the 1-Hourly trend channel. False Break Candle The false break candle strategy is one we are familiar with at OneUp Trader, and for a good reason – its reliability! The pattern works because when the Read More…
Price bounces off the Parabola. The Cup & Handle target has been hit. ES maintains its bearish outlook and potential targets to note. The Cup & Handle From Last Week Last week we reviewed the Cup and Handle Pattern on the 1 Hourly ES chart here. Target 1 was met as the price bounced off Read More…
Norwegian offshore workers are on strike, which might hurt the oil supply. Joe Biden is considering easing China tariffs, which has rekindled the hope of inflation peaking in the US. RBA is among the central banks raising rates rapidly to tame inflation. E-mini S&P 500 (ES) futures price is struggling to retain any gain as Read More…
