rty daily chart technical analysis
Technical Analysis

E-mini Russell 2000 Futures Daily Technical Analysis – January 8, 2025

Introduction The E-mini Russell 2000 Futures (RTY) continues to trade within a well-established bullish channel. The channel is not very strong, but nevertheless, the price is rallying over the long term. Lets take a closer look at the technicals. Technical Analysis Bullish Channel Formation Support and Resistance Levels Indicators Analysis Relative Strength Index (RSI) Bullish Read More…

Fundamental Analysis

Gold Prices Rise as Investors Seek Safety Amid Policy Uncertainty

Gold prices ended higher on Tuesday despite a strong dollar and Treasury yields. The rally came as investors sought safety amid uncertainty regarding Trump’s looming policy changes. Meanwhile, upbeat US data lowered expectations for Fed rate cuts in 2025.  Gold is considered a haven in times of uncertainty. As market participants await Trump’s swearing-in on Read More…

Fundamental Analysis

Equities Gain Ground as Tech Outperforms Despite Elevated Yields

Equities climbed to a one-week high on Monday as technology stocks rose despite high Treasury yields. However, market participants remained cautious ahead of key US economic data this week that will shape the outlook for Fed rate cuts.  Like many times in the past, tech stocks defied the general trend and rose on Monda. Microsoft Read More…

Technical Analysis

Gold Futures Daily Technical Analysis – January 7, 2025

Introduction Gold futures (GC) continue to consolidate within a symmetrical triangle formation. This comes after a strong 27% rally in the yellow metal in 2024, so it is normal for the market to experience a period of cooling. Let’s see what the technicals tell us here. Technical Analysis Symmetrical Triangle Formation Moving Average Support Gold’s Read More…

Interest Futures
Fundamental Analysis

Interest Futures Lag as Treasury Yields and Dollar Start the Year Strong

Interest futures hovered near recent lows as Treasury yields and the dollar opened the year green. Prices ended the year with a plunge following a hawkish December Fed meeting. On the other hand, the prospect of higher rates for longer boosted yields and the dollar.  US Treasury yields started the year strong amid expectations for Read More…

Technical Analysis

Bitcoin CME Futures Daily Technical Analysis – January 3, 2025

Introduction Bitcoin CME futures have consolidated after the recent explosive rally. The crypto hit a new all-time high of $108,960 in December, but the market now appears to be catching its breath. Let’s see what the technicals are telling us. Technical Analysis Bearish Divergence on RSI 50-Day SMA Acting as Dynamic Support Higher Highs & Higher Lows Still Read More…