Market Overview: Crude Oil Futures The Crude oil futures formed a tight trading range in the last 5 weeks. The bears want a retest of the May 4 low. They will need to create a follow-through bear bar next week. The bulls want a reversal from a higher low major trend reversal. Poor follow-through and reversals are […]
EURUSD Minor Pullback
Market Overview: EURUSD Forex The EURUSD Forex formed a minor pullback following a 5-bar bear microchannel. Often, there are sellers above the first pullback from such a strong bear microchannel. The bulls hope to get at least a retest of the April high after the current pullback. They want the 20-week exponential moving average to […]
Nifty 50 Potential Trading Range
Market Overview: Nifty 50 Futures Nifty 50 Potential Trading Range on the weekly chart. This week, the market established a small bear bar. Since the bar is closing near to its low and has a long tail above it, some bears will look to sell at the low of the bar in anticipation of a probable […]
Nasdaq 100 Doji Pause Bar
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear doji pause bar closing just below last week’s close. This week was a pause bar after the strong bull bars over the past few weeks. NASDAQ 100 Emini futures The Weekly NASDAQ chart The Daily NASDAQ chart Market analysis reports archive […]
FTSE 100 Strong Bear Leg in Broad Bull Channel
Market Overview: FTSE 100 Futures The FTSE futures market moved down last week with a small bear bar in a bear leg. We are pausing between the two MAs. Bulls want to buy on the moving average (MA), get another leg up, and close strongly above the prior All-time High (ATH). Bears are selling above bars […]
DAX 40 Bear Doji Closing on Low in Bull Channel
Market Overview: DAX 40 Futures DAX futures was a small bear doji bar in a tight trading range. The bulls see the bull channel as continuing and will likely buy below at the MA. The bears have been unable to body gaps below so will not be willing to sell strongly yet. Most traders should […]
Emini High 2 Buy Signal in Tight Trading Range
Trading Update: Friday June 9, 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 Probably Buyers below Second Entry Short
Trading Update: Thursday June 8, 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 Want Test of August High and Strong Entry Bar
Trading Update: Wednesday June 7, 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 Hopeful Rally Is Buy Vacuum Test of 4,300
Trading Update: Tuesday June 6, 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 […]
