Market Overview: NASDAQ 100 Emini Futures NASDAQ 100 bull breakout attempt above the tight trading range (TTR) that has been going on for the last 4 weeks. The week closed with a bull body, but a big tail at the top and bottom. We have been saying for a couple of weeks now that prices […]
Nasdaq 100 tight trading range
Market Overview: NASDAQ 100 Emini Futures NASDAQ 100 tight trading range (TTR) for the last 4 weeks. Last week’s report had made a case for price going higher in the next few weeks, and for the market to go to the weekly exponential moving average (EMA). This is still valid. NASDAQ 100 Emini futures The […]
Nasdaq 3 consecutive bull closes above EMA on daily
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures is at the high of the last two weeks. So, the question is – does the market go higher or reverse? Every day of this short week was a bull bar. The market is also back above the daily exponential moving average (EMA), and 3 […]
Nasdaq monthly bear trend bar after doji bar
Market Overview: NASDAQ 100 Emini Futures NASDAQ Emini futures June monthly bear trend bar with a small tail at the bottom. The bulls had a fairly big tail below on the monthly bar going into the last week of June. They also had a close above the midpoint. However, the bears sold early in the week […]
Nasdaq 100 failed breakout below May low
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures weekly candle is a strong bull bar closing near its high. It’s a Nasdaq 100 failed breakout below the May low. Every day of the week was a bull bar, although they had tails indicating trading range price action. Friday was a strong bull day. […]
Nasdaq trading range bear bar closing below May low
Market Overview: NASDAQ 100 Emini Futures Nasdaq trading range bear bar candlestick closing below last week’s low, but with tails above and below. The week opened at the May low and closed lower for the 1st two days of the week. Wednesday was a trading range day but with bull body in the middle, which means […]
Nasdaq big weekly bear reversal
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures weekly candlestick is a big weekly bear reversal bar closing on its low. This week completely reversed the bull bar from two weeks ago. The week started by continuing the tight trading range from last week. Wednesday was a Low 2 sell signal bar, which […]
NASDAQ first consecutive monthly bear close below EMA since 2008
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures May monthly bar was a doji bear bar with close above midpoint, a big tail above and below, and close below exponential moving average (EMA). It is the first time with a consecutive monthly bear close below EMA since 2008 crash. For an idea of […]
Nasdaq strong weekly bull bar after 7 bear weeks
Market Overview: NASDAQ 100 Emini Futures This week’s candlestick is a Nasdaq strong weekly bull bar closing on its high above last week’s high. This is the first bull bar after seven bear bars. As mentioned in last week’s report, the month is trying to create a bull body. Minimally bulls want to close the month above […]
Nasdaq 50 percent retracement from pandemic low to all time high
Market Overview: NASDAQ 100 Emini Futures This week’s Nasdaq Emini candlestick is an outside bear bar with a close above last week’s low. This is the seventh consecutive week with a bear bar. The market is at a Nasdaq 50 percent retracement from the low of the pandemic to the all-time high. Buyers on higher time frame […]
