Market Overview: Crude Oil Futures Crude oil strong breakout below the 16-week trading range. They want a measured move down to around 57 using the height of the 16-week trading range. The bulls want a failed breakout and a reversal back into the middle of the trading range from a lower low major trend reversal […]
EURUSD OO Pattern but Dojis
Market Overview: EURUSD Forex The EURUSD Forex weekly chart formed an EURUSD OO pattern above the 20-week exponential moving average. So far, the bears have not yet been able to create follow-through selling below the 20-week EMA. The bulls want a second leg sideways to up but so far, have not yet been able to […]
Bitcoin sorpresa alcista
Visión de mercados: Futuros sobre Bitcoin Los futuros sobre Bitcoin han realizado una subida que ha cogido a todos por sorpresa. Durante esta semana, el precio ha subido un 34.07 % su valor. Es el mayor incremento porcentual desde la primera vela de enero de 2021: tras esa vela, el precio subió un 61.64 %. ¿Esta vez será […]
Nifty 50 Wedge
Market Overview: Nifty 50 Futures Nifty 50 wedge on the weekly chart, due to the long wick at the bottom of the candle, bears may not be interested to sell next week. The daily chart of the Nifty 50 showed a bear breakout of the wedge, but it appears that few bears anticipated the move, which […]
FTSE 100 Bear Surprise, Follow through at 100-Week MA
Market Overview: FTSE 100 Futures The FTSE futures market moved down strongly last week with a FTSE 100 bear surprise bar. It was a follow-through from the week before and pausing at the 100-Week MA. The bulls see a 50% pullback after a tight bull channel but we are back in the trading range. The bears […]
DAX 40 Pause at 20-Bar Moving Average
Market Overview: DAX 40 Futures DAX futures moved down to the 15000 Big Round Number last week. We closed as a pause at 20-bar Moving Average. It is a test of the breakout point, and judging by the tail on the bar, there were many bulls happy to buy here and lower for one more […]
Nasdaq 100 Weekly EMA Acting as Support
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market had a big bull surprise bar closing above last week’s bear bar and above the monthly exponential moving average (EMA), with weekly EMA acting as support. The market has completely reversed the big bear bar of last week and is back near the high […]
Emini Bull Surprise, Expect 2nd Leg Up
Trading Update: Friday March 17, 2023 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 sell […]
Emini Downside Probably Limited Over Next 2 Days **EOD Video Review Added**
Trading Update: Thursday March 16, 2023 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 sell […]
Emini Low 1 Short, Probably Buyers Below
Trading Update: Wednesday March 15, 2023 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 red […]
