Introduction Crude Oil Futures (CL) have been trading in a steady downtrend since October 2023 with small bounces here and there. Now Crude oil has tested the multi year support level at $68 per barrel. The probabilities align with the bulls being stronger at this point as the support level has successfully held over eight Read More…
Equities gained for a second session as market participants paused to assess recent developments, especially tariffs. The lack of an immediate catalyst paused the recent collapse. However, tariff uncertainty and fears of the US recession remain relevant. Last week, equities collapsed, with the S&P 500 losing over 10% from its peaks in February. The decline Read More…
Introduction S&P 500 futures have rebounded after a sharp selloff, reclaiming some lost ground. Despite the recent bounce, ES remains below key resistance levels, so it looks like this small bump could be just a relief rally instead of the start of a new trend. Traders need to see that the lows at $5,500 are Read More…
Introduction Meet Moulay L., a funded trader from Groton, Connecticut, who successfully withdrew $10,000 across 2 accounts in just 5 days through the OneUp Trader funded program! At 55 years old, Moulay uses market profile analysis to make impressive withdrawals from the OneUp Trader funded trader program. Let’s dive into his trading strategy, key statistics, Read More…
Equities collapsed on Monday, with the Nasdaq, S&P 500 and Dow Jones all recording significant daily losses. The decline came as risk sentiment soured due to US recession worries. Trump’s tariffs and the subsequent trade wars have sent investors scrambling for safety in other assets. S&P 500 (Source: Bloomberg) Market participants are increasingly aware that Read More…
Introduction The NASDAQ 100 (NQ) futures have fallen sharply since the middle of February. The recent sell-off was triggered by a double top pattern near 22,367.00, pushing the index to test the lower boundary of its long-term ascending channel. With the market now sitting at a key support level, the next move will likely set Read More…
