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Thu, Apr 18th, 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

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.

Australian Dollar Forecast

Bearish bias with downside target zone of 0.62230-0.61355.

Is the Gold Rally Done?

Watch 1920.50 to 1866.70 area .

Tweets @Barchart

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BREAKING 🚨: Lumber Lumber is now on a 13-day losing streak after forming the dreaded "tear drop" pattern https://t.co/ocqAyKpSJr https://t.co/nqfNhIo2f5
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JUST IN 🚨: The Federal Reserve may have to wait until 2025 to cut rates cautions Minneapolis Federal Reserve Bank President Neel Kashkari https://t.co/hyQC83moXU https://t.co/6xvzHl7tUU
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Bitcoin $BTC is a fraud and a Ponzi scheme warns JP Morgan CEO Jamie Dimon https://t.co/MFMmrKBzzA
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S&P 500 $SPX has now closed red for 5 consecutive trading days, the longest losing streak since October https://t.co/JZBj2k4HhF
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Tesla $TSLA Fear & Greed Index 😂 https://t.co/ZaA36Sd49c
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Netflix $NFLX getting obliterated in after hours after announcing they would no longer report subscriber numbers https://t.co/AyvcEVyv8p
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Stock Market this week 😂 https://t.co/5aWwAWHWLz
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Pension Funds are now withdrawing billions of dollars from the stock market and instead allocating to bonds and private markets. CalPERS, the country's largest public pension fund, is reportedly planning to withdraw $25 billion from stocks soon. https://t.co/403JBbW7Sa
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Panic is setting in as Stock Market Fear & Greed Index falls to lowest level since November 1 😱👻🫂 https://t.co/Kac40eGvQi
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Is Paypal $PYPL going to break our hearts again? https://t.co/ep2QG1Lqwe
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