Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull trend bar with a tail above. The market has been sideways for the last 4 weeks starting 2-26. On the daily chart, the market was unable to create consecutive bear bars below the exponential moving average (EMA) and reversed up at […]
Nasdaq 100 Bears Needed a Bear Trend Bar Closing Far Below 3-4
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear bar with a tail above. Bears needed a bear trend bar closing far below 3-4. Instead, the market just triggered the bear bar of last week and closed slightly above last week’s low. On the daily chart, bears are taking more […]
Nasdaq 100 Can Bears Produce Good Bear Bar Below 3-4?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear bar with a tail below. The question now is – Can bears produce good bear bar below 3-4? The November 2021 close is still a magnet. On the daily chart, the market is a lot more two-sided than the weekly charts. […]
Nasdaq 100 Close above December 2021 Close
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures February monthly candlestick is a non-climactic bull trend bar. It is a new all-time high close, with a close above December 2021 close, the prior all-time high close. The week is a bull trend bar with a bigger tail below and a smaller tail above. […]
Nasdaq 100 January 2024 Is a Bull Doji Bar
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures January monthly candlestick has a close that is higher than the December 2023 close but lower than the Nov 2021 close. January 2024 is a bull doji bar with a tail above and below. The week is a bull H1 reversal bar with a tail […]
Nasdaq 100 New All-Time High Since Nov 2021
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a doji bar with a long tail above and a small bull body closing near its open. The market had a new all-time high since Nov 2021 but closed slightly below the Nov 2021 weekly high close. The disappointing bar could represent a […]
Nasdaq 100 Good Follow-Through to the Bull Reversal Bar of 1-8-2024
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big bull trend bar with a tail below. It is a good follow-through to the bull reversal bar of 1-8-2024. Given the strength of this leg, there should be another leg up. On the daily chart, the market broke out from the […]
Nasdaq 100 Two-Bar Reversal with 1-1-2024?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big bull trend bar with a small tail above and below. It could be a two-bar reversal with 1-1-2024 – Its body overlaps with the body of week of 1-1-2024. This week went above last week’s high and closed slightly below last […]
Nasdaq 100 First Bear Bar since November 2023
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big bear trend bar with a small tail below. It is the first bear bar since November 2023. It also closed the breakout gap with July high. On the daily chart, the market had three consecutive trend bear bars and then closed […]
Nasdaq 100 Highest Monthly Close of 2023
Market Overview: NASDAQ 100 Emini Futures The Nasdaq Emini futures December monthly candlestick is a big bull trend bar with a small tail above and below. It is the highest monthly close of 2023 and a good follow-through bar to the November bull bar. The week is a doji bull bar closing below the mid-point with a […]