Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures June monthly candlestick is a big bull trend bar with small tails and a body proportionate with the May monthly bar. This is the best pair of bull bars since July 2020 when the market broke to new highs post-pandemic. The week closed as an outside […]
EURUSD No Follow-through Selling
Market Overview: EURUSD Forex There was no follow-through selling on the weekly EURUSD Forex chart. The bulls want another leg up, completing the wedge pattern. The bears failed to create follow-through selling again in June. They are not as strong as they hope to be. If the current pullback remains weak (with overlapping bars, doji(s) […]
Emini Big Bull Bar Closing above August High
Market Overview: S&P 500 Emini Futures The S&P 500 Emini futures monthly candlestick was a big bull bar closing above August high. The bulls need to create a follow-through bull bar in July to confirm the breakout. The bears want a failed breakout above the August high and a reversal down from a double top […]
Crude Oil Bull Inside Bar & Trading Range
Market Overview: Crude Oil Futures The Crude oil futures monthly candlestick was a bull inside bar with a long tail above. The bulls want a breakout above while the bears want a breakout below June’s range. The first breakout from an inside bar can fail 50% of the time. Reversals and poor follow-through are common […]
Bitcoin Q2 2023 Seguimiento Alcista Débil
Visión de Mercados: Futuros sobre Bitcoin Bitcoin Futures Q2 2023 (segundo trimestre 2023) es una vela de seguimiento débil tras vela la señal alcista en Q1 (primer trimestre). El precio ha aumentado su valor en un 6.72 % durante este último trimestre. Bitcoin se dirige hacia el gap del mínimo del Q1 2021, mientras el gap […]
Nifty 50 Wedge Top Breakout
Market Overview: Nifty 50 Futures Nifty 50 Wedge Top Breakout on the monthly chart. On the monthly chart, the market formed its third consecutive bull bar as it closed close to its high. This month, the market also provided a strong close above the wedge top (breakout). In general, there is a 25% chance of […]
FTSE 100 Strong Bull Channel 2 Legs Sideways
Market Overview: FTSE 100 Futures The FTSE futures market moved higher last month, with buyers at the MA in a bull channel. But it was not a strong close. The bears want a little more down and might get it to the 100-month EMA. But the tail in March shows buying pressure. There would always be […]
DAX 40 Failed BO Above ATH in Tight Bull Channel
Market Overview: DAX 40 Futures DAX futures moved high with an all-time high last month but failed to close above last month. It’s a failed BO, but if the bulls can get another new high the bears might exit, and we can move higher. The bears want to sell above to prevent the bulls from […]
Emini Bulls Want Strong High 1 on Weekly Chart
Trading Update: Friday June 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 testing 4,431 Midpoint of June Selloff
Trading Update: Thursday June 29, 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 […]
