Introduction NASDAQ 100 E-mini futures are showing signs of exhaustion after forming a double top structure near the 26,000 area. Price has now rolled over from that resistance zone and is slipping back below the 50-day moving average. Momentum has weakened noticeably, and the trend is no longer higher highs and higher lows but a Read More…
Introduction Crude Oil futures have rebounded from the $55 support zone and are now pushing into the mid-$60s. The move higher marks a clear shift in the short-term trend, but the bigger picture remains more complex as CL has struggled to find clear bullish power. The range-bound price action in the longer term has meant Read More…
Crude oil futures edge higher on geopolitical jitters, with WTI near $65 and Brent around $70 per barrel. This follows a choppy period as markets weigh near-term risks against the backdrop of oversupply. Tensions between the US and Iran still drive prices in the short term. Talks of possible US military actions in the Middle Read More…
Gold futures continue to receive strong fundamental support from central bank demand, ongoing macroeconomic uncertainty, and limited supply. This gives the metal a positive medium-term outlook. After a quick round of profit-taking earlier this year, most investors have seen the price fall, not as signs that the bull market is over, but as opportunities to Read More…
Introduction The S&P 500 E-mini futures continue to grind higher, pressing into the all-time high resistance zone just below 7,000. Price is holding here after dropping below the 50 moving average and immediately bouncing back with a bullish engulfing candlestick pattern. Buyers are still in control, but upside momentum is slowing as prices stretch and Read More…
US equities extended their rebound on Monday. Gains were led once again by beneficiaries of big tech and AI as investors looked past last week’s turbulence. They turned their focus to a heavy slate of economic data and corporate earnings. The S&P 500 rose about 0.5% to 6,964.82, marking a second straight increase. The Dow Read More…
