Market Overview: S&P 500 E-mini Futures The market formed consecutive strong monthly E-mini bull bars, breaking into new all-time highs. Bulls want a measured move to around 8000 based on the height of the April spike bar. Bears want a failed breakout above the bull trend channel line within a few months, followed by a […]
E-mini Spike and Bull Channel
Market Overview: S&P 500 E-mini Futures The market formed an E-mini spike and bull channel in the last 8 weeks. Bulls want any pullback to be weak and sideways, lacking follow-through, with overlapping candlesticks and prominent lower tails. Bears need to generate strong bear bars breaking below the minor bull trend line to indicate strength. […]
Weekly E-mini Tight Bull Channel
Market Overview: S&P 500 E-mini Futures The market formed a weekly E-mini tight bull channel making new all-time highs. Bulls want a spike and channel pattern lasting several months. Bears need to generate strong bear bars breaking below the minor bull trend line to indicate strength. S&P500 E-mini futures The Weekly S&P 500 E-mini chart […]
E-mini Spike and Channel Pattern
Market Overview: S&P 500 E-mini Futures The market formed an E-mini spike and channel pattern in the last few weeks. Bulls want a measured move based on the height of the recent trading range, projecting to around 7550. Bears want any breakout above the trend channel line to fail within a few bars, followed by […]
Big Monthly E-mini Bull Bar
Market Overview: S&P 500 E-mini Futures The market formed a big monthly E-mini bull bar into new all-time high territory. Bulls need follow-through buying to increase the odds of trend resumption. Bears want the trend channel line to act as resistance. They want any breakout above it to fail within a bar or two, followed […]
E-mini Follow-through Bull Bar
Market Overview: S&P 500 E-mini Futures The market formed an E-mini follow-through bull bar this week. Bulls want a strong breakout followed by a measured move based on the height of the recent trading range, projecting to around 7550. Bears see the rally as climactic and want at least a small sideways to down pullback […]
Strong Weekly E-mini Reversal
Market Overview: S&P 500 E-mini Futures The market formed a strong weekly E-mini reversal breaking into new all-time high territory. Bulls want a spike and channel pattern lasting many weeks. Bears hope the breakout above the prior all-time high (January 28) will lack follow-through and form a failed breakout. S&P500 E-mini futures The Weekly S&P […]
E-mini Bulls Need Follow-through Bull Bars
Market Overview: S&P 500 E-mini Futures The S&P 500 E-mini bulls need follow-through bull bars on the weekly chart to increase the odds of retesting the all-time high. Bears see the current move as a pullback and a retest of the prior high and want it to be weak and sideways, with overlapping bars and […]
E-mini Pullback to the 20-Month EMA
Market Overview: S&P 500 E-mini Futures The market formed an E-mini pullback to the 20-month EMA, with a long lower tail. Bulls want the 20-month EMA to act as support followed by a retest of the all-time high. Bears need sustained follow-through selling below the 20-month EMA to increase the odds of a successful reversal. […]
Weekly E-mini Follow-through Bear Bar
Market Overview: S&P 500 E-mini Futures Weekly E-mini Follow-through Bear Bar following the breakout below the November low. Bears want a larger measured move based on the height of the broader trading range (November 21 low to January 28 high), projecting toward the 6,200 area. If the market trades lower, bulls want the June 23 […]
