Equities gained on Monday as the AI sector recovered and traders looked forward to major corporate earnings. At the same time, market participants were eagerly awaiting the FOMC policy meeting. Meanwhile, reports of Qatari mediators in Tehran eased concerns about an escalation in the war between the US and Iran. Tech stocks recovered at the Read More…
reading time: 3 min Introduction Is the low in for wheat futures and is this a strong buying opportunity? Wheat futures are testing an important support area after extending their decline from the late-summer highs. Price is trading around 626.0, close to the 200-day moving average. With the daily RSI below 30, this could the Read More…
Two traders take the same futures trading setup. Both lose their first two trades. One closes the platform with enough room to trade tomorrow. The other increases size, tries to recover everything, and loses the account. This is a hypothetical comparison, but it shows why an entry signal is only part of passing a prop Read More…
4 min reading time Introduction Gold futures have fallen back into the summer support zone, putting $4,000 in focus. The main fundamental reasons for the decline are rising US bond yields, expectations of tighter monetary policy, and a stronger dollar. In our October 2 analysis, we highlighted the risk of another test of the summer Read More…
Interest futures rallied on Thursday as Treasury yields collapsed amid a surge in demand for safe-haven assets. Market participants scrambled for safety in bonds due to geopolitical risks and a decline in the US tech sector. Investors are now looking ahead to next week’s FOMC policy meeting, which will shape the outlook for rate hikes. Read More…
4 minute reading time Introduction Crude oil futures are back at $100 after an oil tanker exploded in the Strait of Hormuz. Read the full story here. In our October 12 analysis, we highlighted a developing bull flag and identified $93.68 as the upside trigger to watch. The recovery has since extended, bringing the September Read More…
