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Sat, Aug 31st, 2024

Thomas Bills

Thomas Bills

I'm currently a middle office analyst for a proprietary trading firm with a BS in finance from the University of Illinois (Champaign-Urbana). I have 20+ years of experience in this industry ranging from working on the trading floors of the CME and CBOE, working in back-office operations, managing a clearing department, trading equities for a prop firm, and trading futures for my own account. 

I analyze 30+ different futures markets on a daily basis in the following sectors: grains, softs, meats, metals, energy, indexes, interest rates, and currencies. All of my market analysis is technical-based and looks for key areas of support and resistance that could either provide solid reward to risk trades or identify areas for profit-taking.

Most Recent Stories

Crude Oil Double Bottom?

Upside target would be around 83.25.

Cocoa Nears Bearish ABCD Pattern

Downside target zones at 5898-5526 and 4600-3611.

Nasdaq Correction Underway?

Lower support zone between 17150 and 16500.

Can Crude Oil Trade Above Weekly Resistance?

If Crude continues its recent rally, upside resistance looms.

10 Year Futures Rally in Question

Current price levels offer potential resistance, but downside support is present.

Does the Nasdaq Rally Continue?

Nasdaq long term analysis leans towards higher prices.

Nasdaq Downwards Move Could Trigger Large Rally

The recent move down is currently characterized as a weak trend.

Canadian Dollar Turns Bearish

There are 3 important zones on the radar. One is potential resistance on rallies. The other two are a possible downside support and a minimum target.

British Pound Turns Bearish on Daily Chart

3 potential support zones approaching between 1.2320 and 1.2025.

Will the British Pound Rally Continue?

Recent trend is very bullish, but upside resistance approaches between 1.3391 and 1.3975.

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European Stocks closed Friday at an ALL-TIME HIGH 🚨📈 https://t.co/NyrxHMv6VS
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NOTE: The above is based on closing prices, not intraday wicks
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Treasury Yield Curve on the Verge of Un-Inverting 🚨 For the first time since July 2022, the 10-Year minus 2-Year Treasury Yield Curve is on the verge of un-inverting, which has traditionally foreshadowed a recession. https://t.co/7tt6AXxO7i https://t.co/VqQpEsbXhq
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REITs have now seen inflows for 5 straight weeks, the longest streak since March 2022 🚨 https://t.co/koPam1phEi
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Eurozone inflation falls to 2.2%, the lowest level in 3 years https://t.co/BltZ4ToB8g
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Nvidia $NVDA - what's going on here? https://t.co/Hq2HoRCz2I
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BREAKING 🚨: U.S. Labor Market U.S. Labor Market projected to grow by just 0.4% per year through 2033, the lowest growth rate in more than 75 years 👀 https://t.co/s7duJkftvq https://t.co/rnxOXvky5Y
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Our newest short video, "Long Calls for Beginners - Options Learning Center," is now available on our YouTube Channel! Link: https://t.co/XWHLmpnGuL https://t.co/y7zIeNhYkl
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