Technical Overview Outlook & Trade Considerations Outlook: The Russell 2000 futures show short-term relief but remain in a bearish structure. A move above 2,210 is necessary for further upside, while 2,084 and 2,003 are critical support levels to watch.
Crude oil prices remained steady on Thursday as US inventory and geopolitical worries were offset by rising Asian demand. Brent crude futures lost 11 cents, while WTI May contracts lost 12 cents. Asia’s crude oil demand, which was previously sour, is now set to recover as refiners resume operations after the maintenance. Moreover, Exxon Mobil Read More…
Introduction The U.S. Dollar Index (DXY) continues to trade lower as confidence continues to diminish in the US. The chart looks like the price might be turning around for a bit after reaching oversold on the RSI, but as we know, the Dollar is influenced almost entirely by the fundamental picture. Let’s see if we Read More…
Gold futures hit fresh all-time highs around $3,052 on Wednesday before retreating slightly. The rally was fueled by mounting economic concerns and a cocktail of geopolitical tensions. However, market participants now fear a meaningful correction as prices are extremely overbought. The dramatic rally, marking a 14% rise in gold since 2025 and a staggering jump Read More…
Equities gained for a second session as market participants paused to assess recent developments, especially tariffs. The lack of an immediate catalyst paused the recent collapse. However, tariff uncertainty and fears of the US recession remain relevant. Last week, equities collapsed, with the S&P 500 losing over 10% from its peaks in February. The decline Read More…
Introduction S&P 500 futures have rebounded after a sharp selloff, reclaiming some lost ground. Despite the recent bounce, ES remains below key resistance levels, so it looks like this small bump could be just a relief rally instead of the start of a new trend. Traders need to see that the lows at $5,500 are Read More…
