Market Overview: S&P 500 Emini Futures The market is forming a weekly Emini minor pullback. The bulls must create consecutive bull bars closing near their highs to show they are back in control. The bears want the pullback to be weak and sideways (overlapping candlesticks, doji(s), bear bars, long tails above candlesticks). S&P500 Emini futures […]
Weekly Emini Parabolic Wedge
Market Overview: S&P 500 Emini Futures The market formed a weekly Emini parabolic wedge (Feb 28, Mar 7, and Mar 13). The bulls see the market as being in a broad bull channel and want the pullback to form a higher low. If the market trades higher, the bears want the January 13 low, the […]
Weekly Emini Bear Breakout
Market Overview: S&P 500 Emini Futures The market formed a weekly Emini bear breakout below the 23-week trading range. The bulls want a reversal from a double bottom bull flag (Jan 13 and Mar 7) or a wedge bull flag (Nov 4, Jan 13, and Feb 28). The bears must create follow-through selling following this […]
Monthly Emini Trading Range
Market Overview: S&P 500 Emini Futures The market has formed a monthly Emini trading range in the last 5 months. The bulls want a breakout into new all-time highs followed by a measured move based on the height of the 5-month trading range. The bears must create credible selling pressure (strong bear bars with follow-through […]
Weekly Emini LH MTR
Market Overview: S&P 500 Emini Futures The bears want a weekly Emini LH MTR (lower high major trend reversal). They must create follow-through selling trading below the 20-week EMA and the bear trend line to show they are back in control. If the market trades lower, the bulls want the 20-week EMA or the bull […]
Weekly Emini Retest of All-Time High
Market Overview: S&P 500 Emini Futures The market s forming a weekly Emini retest of all-time high. The bulls want a breakout into new all-time highs followed by a measured move based on the height of the 21-week trading range. The bears want a reversal from a double top (Dec 6 and Jan 24) and […]
Weekly Emini Weak Pullback
Market Overview: S&P 500 Emini Futures The market formed a weekly Emini weak pullback to the 20-week EMA. The bulls want a breakout into new all-time highs followed by a measured move based on the height of the recent 20-week trading range. The bears must do more to show that they are back in control. […]
Weak Emini Follow-through Selling
Market Overview: S&P 500 Emini Futures The market formed weak Emini follow-through selling on the monthly chart. The bulls want February to break into new all-time highs followed by a measured move based on the height of the recent sideways trading range. If the market trades higher, they hope the recent sideways trading range will […]
Emini Bulls Need Follow-through Buying
Market Overview: S&P 500 Emini Futures The Emini bulls need follow-through buying to increase the odds of a breakout into new all-time highs territory and a continuation of the bull trend. The bears want a reversal from a double top (Dec 6) and a lower high major trend reversal. If the market trades higher, they […]
The Emini Bulls Need Follow-through
Market Overview: S&P 500 Emini Futures The Emini bulls need follow-through buying to increase the odds of retesting the all-time high. If the market trades higher, the bears want a double top bear flag with the December 26 high or a lower high major trend reversal. S&P500 Emini futures The Weekly S&P 500 Emini chart […]
