Visión General del Mercado: Futuros de Bitcoin Los traders creen que Bitcoin va a subir hasta finales de año. La visión de largo plazo es que va a haber, durante años, un rango entre $69355 (máximos históricos) y $14570 (cierre de 2017). Bitcoin futuros El gráfico Mensual de los futuros sobre Bitcoin La vela del […]
EURUSD Inside Bar Breakout Mode on Monthly Chart
Market Overview: EURUSD Forex The EURUSD Forex market formed an EURUSD inside bar on the Monthly chart and is in breakout mode. On the weekly chart, EURUSD is in a sideways to up pullback. This week traded lower but reversed back higher. Odds slightly favor the EURUSD to still be in the sideways to up pullback phase. […]
Nasdaq 100 Monthly Bull Reversal Bar from below June Low
Market Overview: NASDAQ 100 Emini Futures NASDAQ Emini futures October monthly bull reversal bar from below the June low, with a tail at the top and bottom. Since this month is a bull bar, it signifies a failed breakout below last month’s low. At the same time, the market went far below last month’s low that […]
Nifty 50 Futures ioi Pattern
Market Overview: Nifty 50 Futures Nifty 50 futures ioi pattern (inside-outside-inside bar) formed on the monthly chart. The market gave a strong bull close but is currently near the trading range top, so traders would wait for a good follow-through bar (or breakout) before taking any position. The Nifty 50 on the weekly chart gave […]
FTSE 100 Strong Second Entry Buy
Market Overview: FTSE 100 Futures The FTSE futures market increased last month, setting up a strong second entry buy. The bulls found support at the moving averages (MA.) The bulls see 2 legs sideways to down before trend resumption and a good buy signal. The bears see consecutive bear bars and a second entry short, so […]
DAX 40 Big Bull Bar Closing on its High
Market Overview: DAX 40 Futures DAX futures moved higher last month with a Dax 40 big bull bar strong reversal closing on its high. The bulls see a pullback on the longer term timeframe and a second reasonable buy setup. The bears see a tight bear channel and are looking to sell again, seeing this […]
Emini bounce possible before second leg down
Trading Update: Friday November 4, 2022 Emini pre-open market analysis Emini daily chart The bears got the minimum follow-through yesterday after Wednesday’s large bear breakout bar. The odds are that the market will have a second leg down to the October 21 low; but with an Emini bounce possible going above the November 2 high. […]
Emini May Test down to October 21 Low
Trading Update: Thursday November 3, 2022 Emini pre-open market analysis Emini daily chart The Emini had a strong reversal following the FOMC report yesterday and the Emini may test down and reach the October 21 low before the market can bottom. The buy-the-close bulls who bought the October 28 bull breakout were disappointed with the […]
Emini Bears Want Strong Selloff Following Today’s FOMC Statement
Trading Update: Wednesday November 2, 2022 Emini pre-open market analysis Emini daily chart Today is a FOMC Day, and bears want strong selloff to be the catalyst for a strong bear breakout following the report. Yesterday is a reminder that the market may have to pull back before reaching the 4,000 big round number. While […]
Emini 4,000 Big Round Number Magnet Above
Trading Update: Tuesday November 1, 2022 Emini pre-open market analysis Emini daily chart The Emini has been in a tight bull channel for several bars and is so close to the 4,000 big round number magnet that it may be unable to escape that target’s gravitational pull. While the rally up to October 28 is […]
