US Stock Futures Jump as Trump Backs Off Powell Threats; Tesla Leads Gains
U.S. stock index futures surged on Wednesday after President Trump backed away from his threats to fire the Federal Reserve Chair and reignited hopes for a trade deal with China. This positive shift in sentiment boosted futures across the board, with Tesla also jumping on upbeat momentum.
Technical Outlook:
The price has surged nearly 750 pip from the move we highlighted yesterday and remains in a bullish trend, stabilizing above key levels.
As long as the price holds above 18845, the bullish momentum is expected to continue. A 1H candle close above 18845 would likely extend the rally toward 19250.
The bullish area remains valid as long as the price trades inside the upward channel, with the 19250 level as the next major target. A break above this could open the door toward 19730.
However, a drop below 18420 would signal a bearish correction.
Pivot: 18845
Resistance: 19070 / 19250 / 19500
Support: 18420 / 18230 / 18000
U.S. stock index futures surged on Wednesday after President Trump backed away from his threats to fire the Federal Reserve Chair and reignited hopes for a trade deal with China. This positive shift in sentiment boosted futures across the board, with Tesla also jumping on upbeat momentum.
Technical Outlook:
The price has surged nearly 750 pip from the move we highlighted yesterday and remains in a bullish trend, stabilizing above key levels.
As long as the price holds above 18845, the bullish momentum is expected to continue. A 1H candle close above 18845 would likely extend the rally toward 19250.
The bullish area remains valid as long as the price trades inside the upward channel, with the 19250 level as the next major target. A break above this could open the door toward 19730.
However, a drop below 18420 would signal a bearish correction.
Pivot: 18845
Resistance: 19070 / 19250 / 19500
Support: 18420 / 18230 / 18000
Trade active
#USNAS100 UpdateMoving well: +680 pips ✅
The price pushed up exactly as we anticipated and continues to hold a bullish trend toward 19,740.
As long as the price trades above 19,250, the bullish momentum is expected to continue, with the next target at 19,730.
However, a 4H candle close below 19,250 would activate bearish movement.
Timeframes: 4H / 1H
Current price: 19,300
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.