Chart OverviewCrude Oil prices are still sitting in the yearly support zone around $67-$69. The market is watching closely for a breakout above $75.30, which aligns with the descending trendline resistance. Adding bullish momentum is the recent news of U.S. crude oil stockpiles falling more than expected, sparking hopes for tighter supply and higher prices. Read More…
Chart OverviewThe U.S. Dollar continues its bullish trajectory due to optimism surrounding Donald Trump’s presidency and expectations for a pro-growth economic agenda. The DXY has successfully broken above its long-term descending trendline, with the price now consolidating just above 106.6, a key resistance-turned-support zone. This move puts the all-time high (ATH) at 114.789 firmly in Read More…
Equities ended at record closes on Monday due to increased bets for a December Fed rate cut. Meanwhile, there was anticipation ahead of crucial US data and Fed policymaker remarks. Notably, stocks ended November in the green due to the Trump trade. Some of this optimism might spill into December. S&P 500 index (Source: Bloomberg) Read More…
Chart OverviewBuilding on the November 13 analysis, the S&P 500 E-mini Futures (ES) continues its bullish trajectory, maintaining strength post-Trump’s presidential victory. The updated chart shows the rally firmly intact, with the target at 6,250 drawing closer. Let’s analyze what’s next for price action based on current conditions and future prospects. Key Developments Since November Read More…
Introduction At OneUp Trader, we love celebrating the achievements of our traders. Today, we’re excited to share the story of a seasoned futures trader from Florida who has mastered the art of retracement trading with OneUp Trader’s funded program. In just 42 days, he withdrew $9,100 from his funded account, bringing his total withdrawals to Read More…
As Thanksgiving approaches, please note the adjusted trading schedule for November 27–29, 2024. Stay informed to plan your trading effectively! Key Schedule Highlights: Wishing all traders a safe and happy Thanksgiving! For full details, please refer to the official CME Group holiday schedule.
