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 […]
Nasdaq 100 Can Bears Produce Good Bear Bar Below 3-4?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear bar with a tail below. The question now is – Can bears produce good bear bar below 3-4? The November 2021 close is still a magnet. On the daily chart, the market is a lot more two-sided than the weekly charts. […]
Nasdaq 100 Close above December 2021 Close
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures February monthly candlestick is a non-climactic bull trend bar. It is a new all-time high close, with a close above December 2021 close, the prior all-time high close. The week is a bull trend bar with a bigger tail below and a smaller tail above. […]
Nasdaq 100 January 2024 Is a Bull Doji Bar
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures January monthly candlestick has a close that is higher than the December 2023 close but lower than the Nov 2021 close. January 2024 is a bull doji bar with a tail above and below. The week is a bull H1 reversal bar with a tail […]
Nasdaq 100 New All-Time High Since Nov 2021
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a doji bar with a long tail above and a small bull body closing near its open. The market had a new all-time high since Nov 2021 but closed slightly below the Nov 2021 weekly high close. The disappointing bar could represent a […]
Nasdaq 100 Good Follow-Through to the Bull Reversal Bar of 1-8-2024
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big bull trend bar with a tail below. It is a good follow-through to the bull reversal bar of 1-8-2024. Given the strength of this leg, there should be another leg up. On the daily chart, the market broke out from the […]
Nasdaq 100 Two-Bar Reversal with 1-1-2024?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big bull trend bar with a small tail above and below. It could be a two-bar reversal with 1-1-2024 – Its body overlaps with the body of week of 1-1-2024. This week went above last week’s high and closed slightly below last […]
