Market Overview: NASDAQ 100 Emini Futures The December monthly NASDAQ Emini futures candlestick is a bear trend bar with small tails above and below. It is the lowest monthly close of the year. The bulls needed a good follow-through bar this month to the bull bars in the past two months, but they could not […]
Nasdaq 100 Start of Next Leg Down?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market went above the trading range of the past few weeks and reversed strongly to close as an outside down week. A possible start of next leg down. For the past 4 weeks, bulls have been making money buying below bars, and bears selling above […]
Nasdaq 100 Continued Sideways Move at Weekly EMA
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market in a continued sideways move at the weekly exponential moving average (EMA). Last week was an outside bull bar. The market went below the low of last week and closed above it. Given the big bars with overlap over the last couple of weeks, […]
Nasdaq 100 First Pair of Monthly Bull Bars in 2022
Market Overview: NASDAQ 100 Emini Futures The November monthly NASDAQ Emini futures candlestick is a bull bar closing on its high although with a big tail below. This is also the first pair of monthly bull bars in 2022. It’s as good an entry bar as bulls could hope for after the big bear week […]
Nasdaq 100 Sideways Move at Weekly EMA
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market is pausing, a Nasdaq 100 sideways move at the weekly exponential moving average (EMA). This week is a bad entry bar to the weak sell signal bar last week. Given the weak signal bar last week, it was likely that this week would not […]
Nasdaq 100 Bad Low 2 Sell Signal Bar at Weekly EMA
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market is pausing at the weekly exponential moving average (EMA) with a bad Low 2 sell signal bar. Last week’s report said that there will likely be sellers at the weekly EMA and depending on the quality of the sell signal could determine whether there […]
Nasdaq 100 Big Bull Close Just below Weekly EMA
Market Overview: NASDAQ 100 Emini Futures NASDAQ Emini futures market reversed up strongly from last week and is a Nasdaq 100 big bull close just below weekly exponential moving average (EMA). Last few weeks have made the case for the market to go sideways to the weekly EMA. Now that the market is almost there, […]
Nasdaq 100 Monthly Bull Reversal Bar from below June Low
Market Overview: NASDAQ 100 Emini Futures NASDAQ Emini futures October monthly bull reversal bar from below the June low, with a tail at the top and bottom. Since this month is a bull bar, it signifies a failed breakout below last month’s low. At the same time, the market went far below last month’s low that […]
Nasdaq 100 Successive Weekly Bull Close above Prior Bar High
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market is attempting a reversal up from the October low. It is the first successive bull close above prior week high since the last bull leg that started in July. As mentioned in the report two weeks back, the market is likely making its way […]
Nasdaq 100 Bear Breakout Attempt below June Low
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market is attempting a Nasdaq 100 bear breakout below the June low. It fell far below the prior June low this week and closed far below it as well, although with a tail below. Last week’s bar was a doji with a big tail above. […]
