Market Overview: FTSE 100 Futures The FTSE futures market moved higher last month with bull breakout and follow through. Although this month had a tail on top, the probability is still always in long. Because of the sideways action and the lack of high-probability stop-entries, many limit-order traders will be betting on more sideways. If you […]
FTSE 100 Big Pullback Test of Breakout Point
Market Overview: FTSE 100 Futures The FTSE futures market reversed last week with a big pullback test of the breakout point. It is a bear surprise, but sitting in a tight bull channel will likely form a bull flag. The bears want a follow-through bar to create a top for the next few months. The bulls […]
FTSE 100 Big Bull Breakout above All-Time High
Market Overview: FTSE 100 Futures The FTSE futures market was a FTSE 100 big bull breakout above the all-time high. The bears have been unable to make money in this tight channel. The bears that sold the double top at the high of the trading range are now trapped and might force the price higher. The […]
FTSE 100 Bear Doji at All-Time High
Market Overview: FTSE 100 Futures The FTSE futures market was a FTSE 100 bear doji at the All-Time High (ATH.) The bulls needed one more bar to confirm the breakout and follow-through but we went sideways instead. We are always in long but might need to go sideways here to find more buyers to go up. […]
FTSE Big Bull Breakout Closing at All-Time High
Market Overview: FTSE 100 Futures The FTSE futures market increased last month, closing at an all-time high with a FTSE big bull breakout. Bulls need another bull bar for consecutive bull bars and breakout and follow-through, but the tail on January’s bar might reduce the number of bulls willing to hold long there. Bears need a […]
FTSE 100 Pullback in Bull Micro Channel, Higher High
Market Overview: FTSE 100 Futures The FTSE futures market dipped below the low of a prior bar last week, a FTSE 100 pullback in a bull Micro Channel. We said last week there would likely be buyers there. We are always in long, but after 12 months in a trading range, a strong reversal here could […]
FTSE 100 Breakout Pullback, Always in Long
Market Overview: FTSE 100 Futures The FTSE futures market was a bear bar last week. It was a FTSE 100 breakout pullback bar just below the All-Time High. Most traders were expecting to reach the measured move target above and possibly the All-Time High. Bears were expecting to sell the highs of the range and now […]
FTSE 100 Breakout above COVID Trading Range
Market Overview: FTSE 100 Futures The FTSE futures market had a big bull breakout above COVID trading range. We are within striking distance of the All-Time-High. The bulls want to break strongly above the all-time high, and with consecutive weekly bull bars, it looks promising. But having spent so long in a trading range, the math […]
FTSE 100 Big Bull Breakout Testing Pre-Pandemic High
Market Overview: FTSE 100 Futures The FTSE futures market was a big bull breakout testing the pre-pandemic high. The bulls want this to be a bull flag of the post-pandemic bull run. But with several breakout attempts, traders wonder if this has increased or decreased probability. The bulls have measured move targets above. With such strong […]
FTSE 100 Always in Long, High in Trading Range
Market Overview: FTSE 100 Futures FTSE 100 always in long with a small bear inside bar high in a trading range. The bulls see a pullback and want a reasonable buy signal for a continuation higher, and they might get it. The bears wanted a second entry sell signal but the bar closed above it’s […]