Market movements remained muted ahead of several central bank meetings. Market observers predict the Fed will raise rates by 25 basis points. Core consumer prices in the capital of Japan increased by 4.3% in January. On Monday, currency futures pulled back as the dollar recovered from an eight-month low ahead of a flurry of central Read More…
Tag: futures trader
Russell 2000 futures (RTY) runs into resistance level
Two trade possibilities for both the bears and the bulls in the RTY futures contract. The Fed’s meeting schedule for this year. Russell 2000 futures traders story about Michael Liss. Simplify technical analysis & think in probabilities The RTY chart is painting a picture of simplicity at the moment. The trade idea is a simple Read More…
Gold Prices Pull Back Ahead of US Inflation Data
The US economy expanded more quickly than economists had predicted in Q4. Most analysts anticipate a small US recession by the second half of 2023. Initial jobless claims for state benefits in the US decreased by 6,000. Gold prices fell on Friday, while the dollar rose as investors awaited US inflation data later in the Read More…
How the Dow Jones Futures (YM) have diverged from the rest of the market
Breaking down how the dow jones diverged from other market indices last year. Analyzing the symmetrical triangle formation on the daily time frame. A true story about a trader who turned $5,000 into $15,000,000 in seven years. Quick Breakdown The Dow has been trading sideways for the majority of this year, remaining unchanged so far. Read More…
S&P 500 (ES) Futures mixed ahead of GDP growth rate
Stay informed with our technical analysis of the S&P 500 futures. A potential formation of an evening star pattern and the struggle to break through resistance at $4033.25. Follow our analysis for insights on the market before the FED interest rate decision on January 31st. Quick recap In our analysis from last week, we looked at Read More…
Equity Futures Gain as Earnings Week Kicks off
Investors are nearly convinced that the Federal Reserve will deliver a modest interest rate increase next week. Money market traders believe the Fed will only raise interest rates twice this year. Analysts predict that the overall S&P 500 fourth-quarter earnings will decline by 3% yearly. Equities held onto their gains on Tuesday after rallying the Read More…