Market Overview: FTSE 100 Futures The FTSE futures market moved down strongly with a bear bar closing near its low on the weekly chart. It is a long-term FTSE 100 trendline break and could signal a larger move down in the medium term. Bulls have been buying here for over 12 months and making money so […]
FTSE 100 Micro Double Top at 50-Week MA
Market Overview: FTSE 100 Futures The FTSE futures market was a FTSE 100 micro double top at the 50-week moving average. Traders expected a second leg after the consecutive big bear bars and are deciding if we just finished the second leg. The bulls are looking for a second buy signal, but it’s a bear bar, […]
FTSE 100 Bull Inside Bar Closing on its High
Market Overview: FTSE 100 Futures The FTSE futures market last week was a FTSE 100 bull inside bar closing on its high. With a tight trading range above we should reach that magnet before traders decide. The bulls see trend resumption up from support at the 100-week moving average. The bears see consecutive big bear bars […]
FTSE 100 Monthly Sell Signal and 2nd Entry Short
Market Overview: FTSE 100 Futures The FTSE futures market was a monthly sell signal and 2nd entry short. We have yet to see consecutive bear bars on the monthly chart for over 2 years, so next month will likely be bullish. There are many magnets below: The 7000 Big Round Number, the moving averages and a […]
FTSE 100 Lower High, Major Trend Reversal
Market Overview: FTSE 100 Futures The FTSE futures market reversed down strongly with a bear surprise and a possible FTSE 100 lower high major trend reversal on the weekly chart. The bulls reached a measured move on the daily chart and traders expected a pullback. It wasn’t a great sell signal on the weekly chart, a […]
FTSE 100 Pause Bar High in Tight Bull Channel
Market Overview: FTSE 100 Futures FTSE 100 pause bar high in a tight bull channel. We are always in long but at potential measured move targets on the daily chart, which is why we are going sideways here. Traders are deciding if there are enough bulls to buy above here betting on a new all-time […]
FTSE 100 tight bull channel and double top
Market Overview: FTSE 100 Futures FTSE 100 tight bull channel and double top on the weekly chart. On the daily chart it’s a small pullback bull trend so traders should only be looking for buy setups. But we have been in a trading range for over a year, and it looks most bullish at the […]
FTSE Always in long at top of trading range
Market Overview: FTSE 100 Futures FTSE always in long at the top of a trading range. We are back in the tight trading range from May so we might go sideways here. The bulls want a follow-through bar to break above, back to the highs of the range and bears want a decent sell signal. […]
FTSE 100 bull trend pullback at 20-month moving average
Market Overview: FTSE 100 Futures The FTSE futures market was a bull trend pullback at the 20-Month Moving Average (MA.) We are still always in long on the monthly and weekly charts but sideways, so limit order market above and below bars. Although this month looks like it is setting up a stop entry, there has […]
FTSE 100 double top pullback testing prior breakout
Market Overview: FTSE 100 Futures The FTSE futures market was a double top pullback testing the prior breakout. We have been going sideways for many weeks now so it’s a tight trading range ready to break out either way. The longer we go sideways the less steam the bears might have to push down further. The […]