Oil prices steadied on Wednesday after collapsing in the previous sessions amid hopes for a de-escalation in the Iran war. Catalysts for this move included the push to restart negotiations between the US and Iran. At the same time, the Republican loss during the midterm elections and Trump’s remarks since then have pointed to a Read More…
Introduction Crude Oil has fallen below $87 a barrel as there are growing hopes of a possible diplomatic resolution to the Middle East conflict and easing concerns over global oil supply disruptions. The last time we looked at CL was November 3rd, and the chart looked far more bullish than it does today. It’s another reminder that Read More…
Gold prices steadied on Wednesday after plunging in the previous session due to a surge in Fed rate hike expectations. The US released an upbeat consumer inflation report that has put pressure on the Fed to increase borrowing costs. Meanwhile, the yellow metal jumped last week after the midterm election, which sent oil prices tumbling. Read More…
4 November 2026 In our 2 November Nasdaq analysis, we were watching for buyers to defend support near 28,778. That level gave way, and the move below 28,245 invalidated the first long setup we outlined. What makes today’s session interesting is how quickly buyers responded to the drop. Nasdaq 100 E-mini futures fell to 27,615.75 Read More…
Equities rallied on Monday, recovering some of the losses made last week, as oil prices fell, easing inflation concerns. Oil dropped as the likelihood of an escalation in the Iran war fell after the midterm election. Initially, stocks had collapsed amid a tech rout due to AI concerns. Brent futures (Source: Bloomberg, ICE) The stock Read More…
Introduction The support zone we looked at in our 30 October analysis has given way. We were watching for an hourly reversal around 7,600–7,680, but the selling has pushed ES below that area and out of its ascending channel. Bulls are now trying to recover, with price trading around 7,459.75 after finding buyers near the Read More…
