Market Overview: NASDAQ 100 Emini Futures The Nasdaq Emini futures August monthly candlestick is a doji bear bar with a big tail below. This month is the first pullback since March 2023 and the first bear body since February. The week closed as bull trend bar with small tails, closing above last week’s high. NASDAQ 100 […]
Nifty 50 Cup & Handle
Market Overview: Nifty 50 Futures Nifty 50 Cup & Handle on the monthly chart. On the monthly chart, the market showed a bull breakout of the cup and handle pattern in the month of July, but since the market did not produce a strong follow-through bar this month, the likelihood of a failed bull breakout […]
Emini Buyers below Yesterday’s Reversal Bar
Trading Update: Friday September 1, 2023 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 chart. Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell entry with a […]
Emini Follow-Through Buying
Trading Update: Thursday August 31, 2023 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 several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell entry with a […]
Emini Bulls Want Measured Move Up
Trading Update: Wednesday August 30, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market update Yesterday’s Emini setups Al created the SP500 Emini charts. Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each […]
Emini Bulls Need More Signs of Strength
Trading Update: Tuesday August 29, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market update Yesterday’s Emini setups Al created the SP500 Emini charts. Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each […]
Emini Bears Second Leg Down
Trading Update: Monday August 28, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market update Friday’s Emini setups Al created the SP500 Emini charts. Here are several reasonable stop entry setups from Friday. I show each buy entry with a green rectangle and each […]
Emini Breakout Mode, Minor PB or Another Leg Down?
Market Overview: S&P 500 Emini Futures The weekly candlestick formed was an inside bull doji, forming an Emini breakout mode. The bulls want a breakout above, while the bears want a breakout below the inside bar. For now, odds slightly favor the current sideways to down pullback to be minor and at least a small […]
Crude Oil Weak Follow-through
Market Overview: Crude Oil Futures The weekly chart formed a Crude Oil weak follow-through bear bar. The bulls want a retest and breakout above the August 10 high. The bears want the start of the bear leg to retest the 40-week trading range low. The market is in a 40-week trading range. Traders will BLSH […]
EURUSD Consecutive Closes below 20-Week EMA
Market Overview: EURUSD Forex The weekly chart was a EURUSD consecutive closes below the 20-week EMA, testing the bull trend line. While the odds continue to favor the market to trade at least a little lower, a minor pullback can begin within a few weeks. Odds favor a second leg sideways to down after a […]
