Nasdaq technical analysis oneup trader prop firm
Technical Analysis

Nasdaq (NQ) Technical Analysis: Bulls Under Pressure as Trendline Breaks

estimated reading time: 4 min Introduction Nasdaq futures have slipped beneath the bullish trendline that started in April, following another rejection near 31,200–31,500. Price is trading around 29,826, leaving buyers with an important recovery task: they need to push back above 30,000. Bulls need to reclaim that trend line to improve the outlook, while another Read More…

Fundamental Analysis

Equities Recover as Oil Prices Fall on Russian Supply Hopes

Equities rebounded on Monday as oil prices eased amid expectations for increased fuel supply from Russia. The recovery came after a bearish week, as market participants absorbed inflation and sales data pointing to a more hawkish outlook for the Fed.  Reports revealed that the Trump administration had lifted key sanctions on Russia. Traders cheered the Read More…