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…

Technical Analysis

Head And Shoulders Pattern on the E-mini S&P 500 (ES) Chart

H&S target met on the 4-Hour Chart Prices retesting the downward channel on the daily Chart Support Level and high volume zone on volume profile In reference to our technical analysis back on August 18th, ES was trading at $4,260 and we saw a high probability of a break through the upper trend channel. This Read More…