S&P 500 Chart Overview In this analysis, we’ll dive into the daily candlestick chart of the S&P 500 E-mini Futures, focusing on the technicals and chart patterns as ES bulls make a return. ES is up 5% since its low from April and the selling pressure appears to be weaking more and more. Price Action Read More…
Jack S, a futures trader, recently shared his experience with OneUp Trader on Trustpilot, a funded trader program. In his review, Jack highlights several key aspects that make OneUp Trader stand out from the competition. Firstly, Jack points out that the company offers a competitive pricing structure. He states that the pricing is a “REAL Read More…
Overview In this analysis, we’ll take a closer look at the CL futures chart, which displays daily price action along with several technical indicators, including a Simple Moving Average (SMA), Pivot Points (traditional, automatic setting), and the Relative Strength Index (RSI). CL Technical Analysis Trend and Price Action Prices were in an uptrend from February Read More…
Interest futures rose on Thursday as markets applauded Powell’s less hawkish tone after the FOMC policy meeting. At the same time, investors were gearing up for April’s US employment figures, which will give more direction on Fed rate cuts. Going into the FOMC meeting, there were concerns that policymakers would be more hawkish than usual. Read More…
The Federal Reserve’s Stance on Interest Rates As we look ahead to the coming week, it’s important for us to focus on the Federal Reserve’s stance on interest rates and how it may impact the US economy and financial markets. Fed Chair Jerome Powell has hinted that rates are likely to decrease in 2024, which Read More…
Introduction Based on our analysis this week, we can see that Bitcoin is currently in a short-term bearish trend after a big pump at the start of the year. There is a descending channel pattern starting from late March. This pattern is characterized by consistent lower highs and lower lows within the channel. Support and Read More…
