Introduction Crude oil is down 4% for the month and 10% for the year, and the technicals for now are signalling to sell. Price has bounced off the S2 level at 62.31 with a bullish engulfing, which bulls are hopeful for prices to move higher. Technical analysis The resistance at $68 is the first major Read More…
Market Snapshot Metric Value Current Price at time of writing 1.16395 50-Day MA 1.16444 200-Day MA 1.09894 Key Resistance 1.1700 – 1.1800 Key Support 1.15625 (range floor), 1.14250 (major swing low) Technical Overview Weekly Chart The weekly chart is a good way to show the strength of the long-term trend of any asset. The Dollar Read More…
Introduction Nasdaq (NQ) futures are close to making new highs again after a short but sharp 4.4% pullback. Market Snapshot Metric Value Current Price As Of Article 23,738.50 Day’s Change +24.75 (+0.10%) 50-Day MA 22,707.56 200-Day MA 21,208.43 Pivot Point (P) 23,264.00 Key Resistance Levels 23,946 (R1), 24,527 (R2), 25,209 (R3) Key Support Levels 23,264 Read More…
Introduction In April 2025, we featured Shuqing G., the 49-year-old registered nurse from Saugus, Massachusetts, who made headlines by withdrawing $12,000 in just nine days. Today, we’re thrilled to share an exciting update: Shuqing has now withdrawn an additional $34,000 in just 8 days of trading, bringing her total to an impressive $46,000 through the Read More…
Market Snapshot Metric Value Price as of 7 August 6,385.25 Day’s Change +14.25 (+0.22%) 50-Day MA 6,201.13 200-Day MA 5,940.58 14-Day RSI 59.02 Technical Overview Price Structure & Trend Momentum & RSI Key Technical Levels Level Type Significance 6,450–6,460 Resistance All-time highs zone 6,290–6,300 Support Recent low and short-term demand zone 6,201 50MA Strong trend Read More…
Equities rallied on Monday, recovering from Friday’s losses when the US released a downbeat monthly employment report. The rebound came as investors sought bargains. At the same time, there was optimism about lower borrowing costs, which will likely spur economic growth. Friday was a red day on Wall Street after US data revealed a sharp Read More…
