Introduction The S&P 500 is testing the 50-day moving average after a small pullback of 4% since the end of August. We are looking at a market that is bullish long-term and requires finding the bottom or waiting for confirmation that the trend has reversed. With some big tech names coming out with earnings in Read More…
Interest futures rose on Thursday as focus shifted from the FOMC meeting to falling oil prices. The Fed hiked interest rates as expected and signaled at least one more hike this year. The expectations of this move had boosted Treasury yields, hurting interest futures. Meanwhile, oil supply concerns eased with Saudi Arabia pursuing alternative routes, Read More…
Introduction Silver futures are testing an important support level, which could shape the trend for the next few weeks. Silver and Gold are very closely correlated but there are often times we see silver act as a leverage play for gold and the metals in general. This is one reason why this level is so Read More…
Oil prices eased on Wednesday after reports that the damaged Saudi Arabian pipeline would be operational in a few days. At the same time, a hawkish FOMC meeting boosted the dollar, making oil more expensive for foreign buyers. Nevertheless, with tensions still high in the Middle East, prices might resume their rally. Brent futures (Source: Read More…
Introduction Euro futures are testing an important support zone around 1.1550–1.1580 after the August recovery stalled near 1.1750. Price is trading around 1.15810, putting the market at a decision point: holding this area would preserve the possibility of another recovery, while a confirmed breakdown would expose the summer trading range below. This support zone could Read More…
Introduction Your next OneUp Trader evaluation could be complete in as few as five trading days! On September 16, we launched Eval Pro, a new OneUp Trader account type that gives every customer the opportunity to qualify in just 5 days, with all other rules remaining the same. We’re also updating Express accounts to give Read More…
