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Fri, Jul 26th, 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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BREAKING 🚨: Wheat Wheat falls to lowest price since August 2020 https://t.co/xXmvccvdwL https://t.co/nPMR2EH700
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Gold Funds have seen the biggest 2-week inflow since March 2022 🪙 https://t.co/C014cQOAtb
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U.S. Home prices hit record high of $426,900! We did it 🥳🫡🫂 https://t.co/WiIeJaFjBc
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Nasdaq $QQQ closes below the 50D moving average for the first time since May 👀 https://t.co/7jYare8f8Y
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Paypal $PYPL - not a great chart since April https://t.co/vLP0R0ccps
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That hurts - Dexcom $DXCM https://t.co/sR0DeANOUW
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Japanese Stocks enter technical correction after suffering largest decline yesterday since June 2021 https://t.co/kts9Tf19T6
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Chinese Stocks on track for their worst week since February 🚨 https://t.co/u8wI8OZoFs
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Walgreens $WBA considering its first ever junk bond sale https://t.co/YIZEDdLQpX
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China's 10-Year Bond Yield falls to an all-time low 🚨 https://t.co/QjYW32Qcuj
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