0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Market Overview: Weekend Market Analysis The SP500 Emini futures had a failed breakout above the top of its 4-week trading range last week, and a failed breakout below this week. Consecutive outside bars on the weekly Globex chart. The strong reversal up this week makes a successful breakout above the range more […]
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Emini yearlong rally trying to resume after 4-week tight trading range
0Facebook 24Twitter 1LinkedIn WeiboFollowTotal25Market Overview: Weekend Market Analysis The SP500 Emini futures bulls got a breakout above the 4-week trading range on Friday. Trying to resume the Emini yearlong rally. They want Monday to be another bull bar, which would confirm the breakout and make higher prices likely. The bulls want a 100-point measured move […]
Emini had 5 bear bars in last week of April
0Facebook 24Twitter 0LinkedIn WeiboFollowTotal24Market Overview: Weekend Market Analysis The SP500 Emini futures market has been in a strong bull trend for a year. The recent streak of 13 consecutive bull bars increases the chance of at least a 10% pullback lasting a couple months coming this summer. This week is a sell signal bar on […]
Emini strong bull trend has limited near-term upside after streak of 13 consecutive bull bars
0Facebook 33Twitter 0LinkedIn WeiboFollowTotal33Market Overview: Weekend Market Analysis The SP500 Emini strong bull trend is still under the influence of that streak of 13 consecutive bull bar that ended 2 weeks ago. It should attract profit takers, and this therefore will likely limit the near-term upside from here. Traders should expect the buy climax to […]
Emini streak of 13 consecutive bull days makes pullback likely soon
0Facebook 50Twitter 0LinkedIn WeiboFollowTotal50Market Overview: Weekend Market Analysis The SP500 Emini futures ended its streak of 13 consecutive bull days this week. That streak makes a 5 to 10% pullback likely to occur within the next month. The EURUSD Forex market has been in a trading range for 9 months, with no sign that it […]
Emini in parabolic wedge buy climax and 11-day bull micro channel
0Facebook 68Twitter 0LinkedIn WeiboFollowTotal68Market Overview: Weekend Market Analysis The SP500 Emini futures contract is in a parabolic wedge buy climax. There is also a streak of 11 bull days and an 11-day bull micro channel. This should attract profit taking within a couple weeks. The EURUSD Forex weekly chart is turning up from a wedge […]
Emini gapped up in April and broke above 4,000 Big Round Number
0Facebook 46Twitter 0LinkedIn WeiboFollowTotal46Market Overview: Weekend Market Analysis The SP500 Emini futures market gapped up on the monthly chart, and broke above the 4,000 Big Round Number. The bulls need follow-through buying next week, to increase the chance that the rally will continue up to measured move targets at around 4,200. Because the Emini gapped […]
Emini bull flag at top of trading range at end of 1st quarter
0Facebook 56Twitter 3LinkedIn WeiboFollowTotal59Market Overview: Weekend Market Analysis The SP500 Emini futures market had a strong end of quarter rally on Thursday and Friday. The Emini might gap up to a new all-time high on Monday on the daily and weekly charts. In addition, April could gap up on the monthly chart on Wednesday. While […]
Emini weekly chart sell signal bar for minor double top just below 4,000
0Facebook 75Twitter 1LinkedIn WeiboFollowTotal76Market Overview: Weekend Market Analysis The SP500 Emini futures in strong bull trend on all time frames. However, there is now a sell signal bar for a small minor double top on the weekly chart, just below the 4,000 Big Round Number. Traders expect higher prices, even if there is a 1- […]
Emini should test the 4,000 Big Round Number next week
0Facebook 47Twitter 2LinkedIn WeiboFollowTotal49Market Overview: Weekend Market Analysis The SP500 Emini futures market broke to a new all-time high this week, and it should test 4000 Big Round Number next week. Friday is a High 1 bull flag buy signal bar on the daily chart. The Bond futures market has gone sideways for 3 weeks […]
