US equities came under renewed pressure amid escalating tension between the US and China, partially fading yesterday’s optimism. The S&P 500 futures slipped 0.7% while the Nasdaq 100 lost 0.9% amid heightened uncertainty. China’s announcement of retaliatory measures triggered a fresh sell-off. China placed sanctions on five US-linked subsidiaries of South Korean shipbuilder Hanwha Ocean Read More…
Introduction Last week, we looked at Crude Oil (CL) Futures, which were testing the support zone between $62.4 and $61. The sideways price action, which was dominating, could be coming to an end as the sellers found the strength to push the price below the level, falling 4.24% on Friday, its biggest drop since June. Read More…
Introduction The U.S. Dollar Index (DXY) has extended its rally sharply from late-September lows, where price tested a support zone since July. Now hovering near 99.35 after pushing through the R1 pivot at 98.88 and approaching the R2 level at 99.96. The rally is a clean bullish move as price rallied from the support zone, Read More…
Introduction NQ continues to make higher highs and follow the upward-sloping trendline since April. NQ is up 54% since then. Price is above the 50-MA (24,083) and 200-MA (21,876), and the trend remains firmly bullish. There are very few pullbacks on the daily chart, with the biggest being 4.4% leaving very few opportunities for traders Read More…
Introduction Meet Sali, a 31-year-old consultant from Florida who has built a steady side income through the OneUp Trader funded trader program. Since joining OneUp Trader, Sali has made five separate withdrawals totaling $16,900, all while balancing a professional career with trading. Using a simple yet effective price action strategy, Sali shows how consistency and Read More…
Introduction 6E failed to hold its recent peak and attempted breakout above 1.18895 on 16 September and has rolled back beneath the 50-day moving average. The drop leaves price vulnerable to a move down to 1.1424, but higher-timeframe support is still intact. The small cluster at 1.165 is something the bulls will try to defend. Read More…
