Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a strong bear trend bar closing on its low approaching support at the weekly exponential moving average (EMA). The second leg down from 7/31 is confirmed. In other words, the first move down was from 7/31, and now the 2nd leg is confirmed. […]
Nasdaq 100 Three Pushes up from 8/18
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a consecutive sell signal bar with its low above last week’s low. On the daily chart, this week looks like the 2nd and 3rd push of three pushes up from 8/18. The market tried breaking out above last week’s high and reversed. The […]
Nasdaq 100 Second Leg Down from 7/31?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear inside bar with a tail below. It is possibly the start of the second leg down from 7/31, when the first leg down started. On the daily chart, this week looks like a pullback from the breakout of last week. This […]
Nasdaq 100 First Pullback since March 2023
Market Overview: NASDAQ 100 Emini Futures The Nasdaq Emini futures August monthly candlestick is a doji bear bar with a big tail below. This month is the first pullback since March 2023 and the first bear body since February. The week closed as bull trend bar with small tails, closing above last week’s high. NASDAQ 100 […]
Nasdaq 100 Pause Bar in Bear Leg Down since July 31
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull doji bar with a long tail above. It is a pause bar in bear leg down since July 31. The market also went above the high of the prior week and then sold off. The August monthly bar is a bear […]
Nasdaq 100 Bull Body Gap with March 2022 Closed
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a non-climactic bear bar with tails. The bull body gap with March 2022 closed this week. This is also the third consecutive bear bar, the first time since early December. Given the three bear bars, this will likely be a multi-legged pullback. The […]
Nasdaq 100 First Pair of Strong Bear Bars since December
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear bar with small tails. This is the first pair of strong bear bars since December 2022. Bears needed a follow-through bar to the outside down (OD) bar last week, and they got it this week. The August monthly bar low has […]
Nasdaq 100 Follow-through to May and June Bull Bars
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures July monthly candlestick is a small bull trend bar with small tails. This month represents follow-through to May and June bull bars. The week closed as an outside down bear bar. This is the first weekly close below the prior bar since early March. Now the […]
Nasdaq 100 Another Close above Prior Bar Low
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a non-climactic bull bar with small tails. Bears needed this week to close below last week’s low, but this is yet another close above prior bar low. The market triggered the sell signal bar of last week and closed as a High 1 […]
Nasdaq 100 Failed Breakout above June?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear reversal sell signal bar with a tail above, representing a failed breakout above June. Last week, the market was attempting a breakout above the June high with the big outside up bar. The bulls needed a follow-through bar this week. They […]
