Equities ended down on Monday after a brief spike as investors applauded the pause in US-Iran strikes and the increased likelihood of de-escalation. Meanwhile, market participants are gearing up for major earnings reports and the FOMC policy meeting. The US stock market declined the previous week amid tensions in the Middle East, which clouded the Read More…
Introduction This is a follow-up to the 22 July analysis, where the rejection at 29,300 kept the breakdown intact, with 28,000 flagged as the nearer downside target and the 200-day MA further below that. That scenario has played out — NQ broke below the 17 July low, trading down to 28,200. Today’s session (Monday 27 Read More…
Introduction Back in early March, we introduced you to Jack, a 24-year-old freelancer from Beverly, Massachusetts, who pulled $27,000 out of three funded OneUp Trader accounts in his first 25 days. Since then, he’s kept grinding the same trading strategy, and the results have only compounded. Jack’s total withdrawals now stand at $67,982! What Changed Read More…
Introduction Silver is trading at $59 today, close to retesting a support zone that’s now been tested four separate times since last October — twice on the way up in November and December, and twice again this year after the sharp correction from January’s spike high near 122. It could be an excellent entry for Read More…
Introduction This is a follow-up to the 17 July analysis. NQ broke below the support of the triangle and the 50 MA, and if we extend the target line, it brings $28,000 into play. As traders, we need to think in probabilities because nothing is certain in the markets, so let’s take a look and Read More…
Introduction WTI crude closed up 15.6% last week, which is the highest weekly close since April. There is resistance now at the 50-day MA, so the question is whether the selling power will be strong enough to push prices back down toward $70 or if the bulls will be strong enough to continue with this Read More…
