Crude oil prices have settled down after a sharp rise due to geopolitical events. Brent is trading above $70, with WTI above $65. The recent uptick stems from the reports that the US could take military action against Iran in the near future and that Iranian and Russian naval forces were holding extended drills in Read More…
After a sharp drop of 2-3% to the $4,850 area, gold futures have recovered losses in Wednesday’s Asian session. Buyers keep testing the $5,000 psychological level. The recent rise is likely a technical correction and a repositioning ahead of important US macroeconomic events, not the start of a new trend. Near-month futures have dropped sharply, Read More…
Introduction S&P 500 E-mini futures have pulled back from the 7,000 area after multiple tests of resistance. This was the formation of the ATH too, and now the price appears to be in a range between 6,800 and 7,000. There is some profit-taking happening which is why ES is no longer forming higher highs and Read More…
US equities fell slightly on Monday in a light trading day amid the US Presidents’ Day holiday. Investors were still wary of technology stocks and preparing for a week full of data that could test the strength of the long-running US equity bull run against the soaring overseas markets. The Nasdaq 100 futures fell about Read More…
Introduction A professional trader used to say, ‘Money never sleeps.’ The same goes for the support at OneUp Trader, which operates 24 hours a day, 7 days a week. When you’re trading and want to get funded, support matters. Problems don’t wait for business hours, and neither does the market. That’s where OneUp Trader stands Read More…
Introduction Dow Jones E-mini futures continue to grind higher, pressing back toward recent highs near 50,000. Unlike the more volatile NASDAQ, the Dow’s rally has been steadier, a trend followers dream. However, momentum is no longer expanding aggressively. The market is advancing but doing so in a more controlled, mature fashion. Each time the 50 Read More…
