Introduction Back in early March, we introduced you to Jack, a 24-year-old freelancer from Beverly, Massachusetts, who pulled $27,000 out of three funded OneUp Trader accounts in his first 25 days. Since then, he’s kept grinding the same trading strategy, and the results have only compounded. Jack’s total withdrawals now stand at $67,982! What Changed Read More…
Interest futures were heading for a very bearish close to the week on Friday amid geopolitical tensions that sent oil prices soaring. Expensive fuel will most likely drive inflation higher, boosting bets on Fed rate hikes. As these go up, Treasury yields climb while the bond market suffers. Bond futures have collapsed since Monday as Read More…
Introduction Silver is trading at $59 today, close to retesting a support zone that’s now been tested four separate times since last October — twice on the way up in November and December, and twice again this year after the sharp correction from January’s spike high near 122. It could be an excellent entry for Read More…
Oil prices rallied to new highs on Wednesday after the US started its eleventh consecutive day of strikes on Iran. Meanwhile, Iran has been busy attacking US facilities in Gulf countries like Kuwait. The escalating tensions have intensiied supply disruptions, tightening a market that had started loosening. Tensions between the US and Iran have escalated Read More…
Introduction This is a follow-up to the 17 July analysis. NQ broke below the support of the triangle and the 50 MA, and if we extend the target line, it brings $28,000 into play. As traders, we need to think in probabilities because nothing is certain in the markets, so let’s take a look and Read More…
Introduction WTI crude closed up 15.6% last week, which is the highest weekly close since April. There is resistance now at the 50-day MA, so the question is whether the selling power will be strong enough to push prices back down toward $70 or if the bulls will be strong enough to continue with this Read More…
