Introduction Since our last analysis on January 6, 2025, the S&P 500 E-mini Futures (ES) have broken below a key technical support, bringing with it a small panic sell-off. The price is currently trading near 5,812, marking a break below the bullish ascending channel that has defined the market’s structure since mid-2024. This breakdown warrants Read More…
Tag: E-mini S&P 500 (ES)
U.S. National Day of Mourning Trading Schedule for January 9, 2025
On January 9, 2025, the United States will observe a National Day of Mourning to honor former President Jimmy Carter, who passed away on December 29 at the age of 100. In recognition of this solemn occasion, there will be adjustments to trading schedules that traders must pay attention to. U.S. Equity Markets: Interest Rates Read More…
E-mini Russell 2000 Futures Daily Technical Analysis – January 8, 2025
Introduction The E-mini Russell 2000 Futures (RTY) continues to trade within a well-established bullish channel. The channel is not very strong, but nevertheless, the price is rallying over the long term. Lets take a closer look at the technicals. Technical Analysis Bullish Channel Formation Support and Resistance Levels Indicators Analysis Relative Strength Index (RSI) Bullish Read More…
Equities Gain Ground as Tech Outperforms Despite Elevated Yields
Equities climbed to a one-week high on Monday as technology stocks rose despite high Treasury yields. However, market participants remained cautious ahead of key US economic data this week that will shape the outlook for Fed rate cuts. Like many times in the past, tech stocks defied the general trend and rose on Monda. Microsoft Read More…
S&P 500 E-mini Futures Daily Technical Analysis – January 6, 2025
The S&P 500 E-mini Futures (ES) continues to trend upwards within a well-defined ascending channel. The bullish trend remains intact due to a combination of technical and positive market sentiment across equity markets globally. As equities continue their rally, dips are presenting high-probability buying opportunities for traders looking to ride the trend higher. Let’s take Read More…
Start 2025 right with 60% off our beginner trading course
Introduction As we enter 2025, we’re offering a massive 60% discount on our Beginner Trading Course for those who want to start the year by investing in their trading education. Our course includes: ✅ 4 hours of engaging video content✅ 170 pages of in-depth learning materials 📚✅ 3 FREE one-on-one trader mindset sessions 💡✅ A Read More…