E-mini S&P 500
Technical Analysis

Giant Inverse Head & Shoulders Spotted on the S&P 500 Futures

Inverse head and shoulders give a tremendous guide for possible future price action. How traders can capitalize on the potential uptrend on shorter time frames. Inverse head & shoulders on the daily A significant head & shoulders pattern has been spotted on the daily chart. There are two possible necklines that I have drawn onto Read More…

E-mini S&P 500
Market Overview Technical Analysis Trading Tips

S&P 500 Futures (ES) Runs Into Resistance Pre-CPI Report

The downward trend line on the daily chart acts as resistance, and ES struggles to push through Anchored VWAP at the high of the year, acting as an accumulation point for shorts Factoring the Inflation report and Fed rate decision into this week’s sentiment Resistance You will remember from the analysis on December 2nd that Read More…

Market Overview Technical Analysis

E-mini S&P 500 (ES): Bullish Target at $4,105 Hit

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…

E-mini S&P 500 (ES) futures
Market Overview Technical Analysis

E-mini S&P 500 (ES) Futures: Bulls Target $4,105.00

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…

consumer confidence index
Market Overview Technical Analysis

Technical Analysis: E-mini S&P 500 (ES) Rallies Off Lows

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…