Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull bar with a prominent tail above. The market is back in the area of trading range from March. On the daily chart, Monday was a good follow-through bar to last Friday’s bull entry bar. The rest of the week was trading […]
Nasdaq 100 First Pullback since October 2023
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures April monthly candlestick is a big bear bar with a prominent tail below. It is the first pullback since October 2023. The week is a bull doji bar with a long tail below. The long tail below is likely the 2nd leg for now corresponding […]
Nasdaq 100 No CC Close below Nov 2021 Bull Body Gap
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is an inside bull trend bar with small tails. The market had no CC close below Nov 2021 bull body gap. Note – CC is an abbreviation for consecutive. On the daily chart, the market had a weak two-legged pullback to the exponential moving […]
Nasdaq 100 Close Below November 2021 Bull Body Gap
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big bear bar closing on its low far below the exponential moving average (EMA). The market also had a close below November 2021 bull body gap. On the daily chart, the market had a bear micro-channel with bear trend bars on 4 […]
Nasdaq 100 3 Consecutive Bear Bars Since September 2023
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear doji inside bar. The market continues to be sideways since 2-26, although bears did manage 3 consecutive bear bars since September 2023. On the daily chart, the market oscillated around the exponential moving average (EMA). As was mentioned last week, it […]
100 Nasdaq Sideways for Past 6 Weeks Since 2-26
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a doji bear bar with a longer tail below. The market has been sideways for past 6 weeks since 2-26. On the daily chart, the market has been unable to close above the high close of March 1 at 18588.75. This will likely […]
Nasdaq 100 Close Above the February Month High
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures March monthly candlestick is a bull doji bar with tails. It is a new all-time high close, with a close above the February month high. The week is a small bear inside bar. Bulls had a chance to breakout or produce a non-climactic bull bar but […]
Nasdaq 100 Sideways for the Last 4 Weeks Starting 2-26
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 […]
Nifty 50 Wedge Top
Market Overview: Nifty 50 Futures Nifty 50 Wedge Top on the weekly chart. This week, the market showcased a significant bearish momentum, reflected by a strong bear bar. However, it remains within the confines of a bullish channel, diminishing the likelihood of an immediate reversal. Despite the bearish breakout from the wedge top, bears require […]
