Equities were almost flat on Wednesday as investors eagerly awaited Nvidia’s earnings report. Meanwhile, the stocks ended the previous session down amid worries about the independence of the US central bank. Nvidia is set to report its earnings later in the day. The stock rose in anticipation as analysts predicted another upbeat report. S&P 500 Read More…
Equities barely moved on Monday as most market participants remained on the sidelines ahead of crucial events this week. Traders are looking forward to the Jackson Hole symposium to see the economic and policy outlooks. At the same time, major retailers are set to release their earnings reports. Monday was a slow day for US Read More…
Technical Overview Trend & Structure The Russell 2000 futures have surged in the past two trading sessions, up 5% marking its best two days since the 5th of November 2025. This was on the back of a positive CPI report that showed inflation is in line with expectations. The price broke decisively above the 50-day Read More…
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…
