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US crude oil (CL) futures peaked at over $120 a barrel just over a month ago. Since then, it has dropped nearly 23% and fallen back into the sell zone. At this point, it looks like CL is set for another potential move, and we need to analyze it for the right direction. So, let’s …
The post Is Crude Oil Set for More Downside? appeared first on Josh Daily Direction.
The small fry stocks of the Russell 2000 (RTY) futures market have been on a tear lately… As a result, this market hit the limit we were monitoring for the last two weeks for a move of over 800 ticks. Now that the limit has been hit, however, we need a new game plan for …
The post Small Fry Stocks Soar to The Limit appeared first on Josh Daily Direction.
Following a big run at the start of the year, the crude oil (CL) futures market has pulled back below $100 again in recent weeks. And during this pullback, the market has seen plenty of bearish trading days and big daily losses. However, the market had a big up-day yesterday and is well off of …
The post Crude Oil Still In the Sell Zone? appeared first on Josh Daily Direction.
Big tech stocks, as tracked by the Nasdaq 100 Index futures contract (NQ), were in the driver’s seat for the US stock market for last year’s rally. But this year, the big tech index has been a big leader to the downside. So, let’s dive in and take a further look at the market for …
The post Trading Tech in a Down Trend appeared first on Josh Daily Direction.
The US stock market continues to vacillate up and down, with the start of today’s session showing some upside across the indexes. But one index that’s in an identified downtrend in a trading channel is the Russell 2000. This index tracks the smaller stocks in the US market, and we’ve found a lot of success …
The post Small Stock Set to Sink? appeared first on Josh Daily Direction.
Forget the Magnificent 7 – these 3 stocks are poised for HUGE moves in the next leg of the AI boom. Wall Street veteran Ross Givens just revealed the details…
This Market is On Fire… Here’s Your Special Invitation
The S&P 500 Index is the big index that all of the major fund managers use to track their performance. The index is made up of large-cap stocks, and it is traded in the futures market under the ticker symbol ES. As regular readers know, we track this market week in and week out, and …
The post This Market is On Fire… Here’s Your Special Invitation appeared first on Josh Daily Direction.