Market Overview: EURUSD Forex The EURUSD bulls need more follow-through buying trading above the April 21 high. The bears want the market to form a lower high or a double top with the April 21 high. EURUSD Forex market The Monthly EURUSD Forex chart The Weekly EURUSD chart Market analysis reports archive You can access […]
No Follow-through Selling on Crude Oil Monthly Chart
Market Overview: Crude Oil Futures There was no follow-through selling on Crude Oil monthly chart. The bears see May as a pullback and hope to get another leg down. The bulls need to create a follow-through bull bar in June to increase the odds of the bull leg beginning. Crude oil futures The Monthly crude […]
EURUSD Retest of the April 21 High
Market Overview: EURUSD Forex The market is forming a EURUSD retest of the April 21 high following the recent pullback. The bulls must create strong follow-through buying over the next few weeks to increase the odds of a successful breakout. The bears see the current move as a retest of the April 21 high and […]
Weekly Crude Oil Double Top Bear Flag
Market Overview: Crude Oil Futures The market formed a weekly Crude Oil double top bear flag, stalling below the April 23 high. The bulls see this week simply as a pullback and want a second leg sideways to up. The bears need to create a strong bear entry bar to increase the odds of retesting […]
Emini Outside Bear Bar Pullback
Market Overview: S&P 500 Emini Futures The market formed an Emini outside bear bar pullback on the weekly chart. The bulls want any pullback to be weak and sideways. The bears must create follow-through selling trading below the 20-week EMA and the bull trend line to show they are back in control. S&P500 Emini futures […]
EURUSD Pullback Into the Trading Range
Market Overview: EURUSD Forex The market formed a EURUSD pullback into the trading range in a 4-bar bear microchannel on the weekly chart. If the market trades higher, the bears expect at least a small second leg sideways to down to retest the May 12 low. The bulls see the current move as a 50% […]
Weekly Crude Oil Follow-through Bull Bar
Market Overview: Crude Oil Futures The market formed a weekly Crude Oil follow-through bull bar. The bulls need to create more bull bars trading above the April 23 high to increase the odds of the bull leg beginning. The bears see the current move as a pullback and want a reversal from a double top […]
Weekly Emini Strong Reversal
Market Overview: S&P 500 Emini Futures The market formed a weekly Emini strong reversal on the weekly chart. The bulls want a retest of the December 6 high and a breakout into new all-time highs. The bears hope the market will form a lower high major trend reversal or a double top with the December […]
Weekly Strong Emini Pullback
Market Overview: S&P 500 Emini Futures The market formed a weekly strong Emini pullback testing the 20-week EMA. If there is a pullback, the bulls want it to be minor, forming a double bottom bull flag (and a higher low) with the April 21 low. The bears They want the 20-week EMA or the March […]
Weekly Crude Oil Higher Low
Market Overview: Crude Oil Futures The market formed a weekly Crude Oil higher low this week. The bulls want a reversal from a higher low major trend reversal (May 5) and a wedge pattern (Mar 5, Apr 9, and Mar 5). If the market trades higher, the bears want it to form a double top […]
