Trading Update: Wednesday August 31, 2022 Emini pre-open market analysis Emini daily chart The bears reached the 4,000 big round number yesterday and closed under it. While the bears want the market to continue down lower, the odds are that the market is in a buy zone as bears begin to take profits, and bulls […]
Emini likely bounce as bears take partial profits
Trading Update: Tuesday August 30, 2022 Emini pre-open market analysis Emini daily chart Yesterday was a disappointing bar for both the bulls and bears. The market will likely bounce here as bears take partial profits and may test the 4,100 area. This is because the risk is big for the bears, so they will likely […]
Emini bears likely disappointment soon
Trading Update: Monday August 29, 2022 Emini pre-open market analysis Emini daily chart Emini bears likely disappointment soon. Friday was a substantial bear-trend bar, which was a surprise. At the moment, the odds favor at least a small 2nd leg down over the next couple of days. Since Friday is a climactic bar, it is […]
Bitcoin seguimiento bajista
Visión General del Mercado: Futuros de Bitcoin Los futuros sobre Bitcoin han clausurado la semana cerrando en mínimos, por debajo de los mínimos de la semana anterior: los traders han continuado vendiendo. Tras el cierre de junio (el primer semestre) el precio subió; por eso, los traders no se sorprenderán en caso de que el […]
Emini Big Bear Bar Closing near Low
The S&P 500 Emini futures gaped down and close as a follow-through big bear bar near the low on the weekly chart. It is a sign of strength by the bears. Bears want this to be the start of the bear leg testing June low. They want consecutive bear bars closing near the low like the one in April. Bulls want at least a small second leg sideways to up testing Aug high.
Nasdaq 100 below All EMAs
Market Overview: NASDAQ 100 Emini Futures NASDAQ 100 below all EMAs, pulling back this week for the first time in the last ten weeks. A pullback was expected, although the bears have created consecutive good bear bars closing on their lows. The market is also back below the daily, weekly, and monthly exponential moving average […]
EURUSD Retest of July Low, Prominent Tail below Weekly Candlestick
The EURUSD Forex weekly candlestick was a bear follow-through bar testing July low. The prominent tail below indicates that the bears are not yet as strong as they would like to be. The bears want a strong breakout and a measured move based on ??? below July low. Bulls want the EURUSD to stall around the July low and another reversal attempt from a wedge bottom (Mar 4, May 13 and July 14) and a double bottom with the July low (July 14 and May 23).
FTSE 100 Lower High, Major Trend Reversal
Market Overview: FTSE 100 Futures The FTSE futures market reversed down strongly with a bear surprise and a possible FTSE 100 lower high major trend reversal on the weekly chart. The bulls reached a measured move on the daily chart and traders expected a pullback. It wasn’t a great sell signal on the weekly chart, a […]
DAX 40 Bear Surprise Bar and Always in Short
Market Overview: DAX 40 Futures DAX 40 bear surprise bar and always in short on the weekly chart. The bears want a follow-through bar breaking below the range for a move down. The bulls have successfully reversed up twice here and will look to scale in here and lower. We look like we will go […]
Emini Bulls Strong Follow-through Bar Wanted Today
Trading Update: Friday August 26, 2022 Emini pre-open market analysis Emini daily chart The bulls got a strong rally into the close yesterday, which caused yesterday to close on its high. Bulls strong follow-through bar wanted today to increase the odds of testing the August high. This is good for the bulls and increases the […]











