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…
Currency futures were weak on Monday after plunging in the previous session due to a robust US employment report. The dollar gained against most of its peers as the likelihood of a December rate hike increased. Meanwhile, the Republican loss during the midterm elections has eased concerns about an escalation in the Iran war. US Read More…
Introduction The recovery we looked at in our 4 November analysis did not hold. We were watching for bulls to reclaim 28,800, but sellers have since pushed NQ below the moving averages and the July low area near 27,200. Today’s session is showing another attempt to reverse, with price recovering from 26,366.50 to around 27,204, Read More…
Interest futures gained on Thursday amid a migration to safe-haven assets due to a selloff in the US tech sector. The move came amid AI worries and as market participants grew cautious ahead of the non-farm payrolls report. At the same time, the US midterm election outcome lowered the likelihood of an escalation in the Read More…
