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…
Introduction NASDAQ 100 E-mini futures are showing signs of exhaustion after forming a double top structure near the 26,000 area. Price has now rolled over from that resistance zone and is slipping back below the 50-day moving average. Momentum has weakened noticeably, and the trend is no longer higher highs and higher lows but a Read More…
Introduction Crude Oil futures have rebounded from the $55 support zone and are now pushing into the mid-$60s. The move higher marks a clear shift in the short-term trend, but the bigger picture remains more complex as CL has struggled to find clear bullish power. The range-bound price action in the longer term has meant Read More…
Introduction Dow futures have quietly pushed into new highs above 50,000, continuing one of the most stable uptrends across major U.S. indices. YM has continued in a controlled manner in a more predictable trend than that of ES or NQ. Higher highs and higher lows are easy to spot with little volatility so momentum traders Read More…
Introduction The S&P 500 E-mini futures continue to grind higher, pressing into the all-time high resistance zone just below 7,000. Price is holding here after dropping below the 50 moving average and immediately bouncing back with a bullish engulfing candlestick pattern. Buyers are still in control, but upside momentum is slowing as prices stretch and Read More…
US equities extended their rebound on Monday. Gains were led once again by beneficiaries of big tech and AI as investors looked past last week’s turbulence. They turned their focus to a heavy slate of economic data and corporate earnings. The S&P 500 rose about 0.5% to 6,964.82, marking a second straight increase. The Dow Read More…
