Equities ended higher on Monday, with the Nasdaq reaching a new record high as investors waited for Nvidia’s earnings report. At the same time, optimism amid signs of cooling inflation in the US increased rate cut expectations. However, policymakers put a lid on gains with hawkish statements, which weighed on the S&P 500 and the Read More…
Tag: E-mini S&P 500 (ES)
S&P 500 (ES) Hits All-Time Highs, Technical Analysis
Introduction The S&P 500 Futures (ES) has rebounded from its recent 7% pullback and broke above the all-time high on May 15th. Technicals look bullish and follow a trend. We can begin grinding down to shorter time frames, avoid looking for shorts, and focus solely on looking for longs on our short-term strategies. Why Daily Read More…
Equities Dip Slightly as Investors Cautiously Await US Inflation Data
Equities ended slightly lower on Monday as investors stayed on the sidelines ahead of US inflation data. At the same time, they were preparing to receive the earnings reports of major US retail companies. This week, the US will release several important reports, including wholesale inflation, consumer inflation, and retail sales. All these will significantly Read More…
U.S. Dollar Consolidates as Traders Await Crucial Inflation Data
The U.S. dollar saw marginal losses on Monday, consolidating after traders shifted their focus to the upcoming U.S. inflation data for further guidance on interest rates on Wednesday as well as Jay Powells speech tomorrow. Traders are awaiting the release of the latest U.S. inflation data, which is expected to play a pivotal role in Read More…
Asian Markets Soar as U.S. Rate Cut Hopes Fuel Optimism
MSCI Index Rises and Hong Kong’s Hang Seng Extends Winning Streak The MSCI’s broadest index of Asia-Pacific shares outside Japan saw a slight increase in early trade, while Hong Kong’s Hang Seng index, despite a slight dip, has witnessed an impressive 14% rise over a 10-day winning streak, the longest since 2018. Japan’s Nikkei index Read More…
S&P 500 Futures (ES) Technical Analysis: Bulls Are Back
S&P 500 Chart Overview In this analysis, we’ll dive into the daily candlestick chart of the S&P 500 E-mini Futures, focusing on the technicals and chart patterns as ES bulls make a return. ES is up 5% since its low from April and the selling pressure appears to be weaking more and more. Price Action Read More…



