Market Overview: FTSE 100 Futures FTSE 100 futures closed higher last week setting up a High 2 at the moving average in a bull trend. With a strong bull breakout on the monthly, we expected this tight trading range to make way for continuation, and it looks like it for next week. It’s best to […]
DAX 40 Triangle, BOM, Buyers Above MA, Big Bear Bars
Market Overview: DAX 40 Futures DAX futures went sideways last week in a triangle and BOM. We have been oscillating around 18500 in between the two magnets of 19000 and 18000. Limit the order market so most traders do not touch it during this timeframe until there is a clear breakout either way. The daily […]
Nasdaq 100 First Close at Weekly Ema Since April
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big bear bar with a good body and prominent tails above and below, closing near the weekly exponential moving average (EMA). It is the first close at weekly ema since April. It is also a good enough follow-through bar that there should […]
Emini Profit Taking for Bears Likely
Trading Update: Friday July 26, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Hesitation Likely after Yesterday
Trading Update: Thursday July 25, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Low 1 Sell Signal Bar
Trading Update: Wednesday July 24, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Bears Need Major Trend Reversal
Trading Update: Tuesday July 23, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Buyers below Moving Average Likely
Trading Update: Monday July 22, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Friday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Friday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Start of a Pullback
Market Overview: S&P 500 Emini Futures The weekly candlestick was a big outside bear bar possibly indicating an Emini start of a pullback. The bears want a TBTL (Ten Bars, Two Legs) pullback trading far below the 20-week EMA. The bulls want the pullback to form a higher low followed by a resumption of the […]
Weekly Crude Oil Follow-through Selling
Market Overview: Crude Oil Futures The market formed a weekly Crude Oil follow-through selling on the weekly chart. The bears want a reversal from a lower high major trend reversal, a double top bear flag (Apr 12 and Jul 5) and from around the top of the large triangle pattern. The bulls hope that the […]
