Market Overview: FTSE 100 Futures FTSE 100 tight bull channel and double top on the weekly chart. On the daily chart it’s a small pullback bull trend so traders should only be looking for buy setups. But we have been in a trading range for over a year, and it looks most bullish at the […]
DAX 40 bull breakout at moving average
Market Overview: DAX 40 Futures DAX 40 bull breakout at the moving average (MA) so traders will decide next week where we go from here. The bears have been selling the MA since January and making money, and markets have inertia so we should expect selling above this week’s bar. But has the context changed? […]
Emini possibly sideways trading range soon
Trading Update: Friday August 12, 2022 Emini pre-open market analysis Emini daily chart Emini possibly sideways trading range soon. The market broke above the midpoint of the year (4,220) and closed near its low yesterday. While the market is in a small pullback bull trend, the odds favor the market forming a trading range soon […]
Emini testing year midpoint
Trading Update: Thursday August 11, 2022 Emini pre-open market analysis Emini daily chart Emini testing year midpoint. The market closed above the June 2 high yesterday, which is good for the bulls. The next target for the bulls is the 50% pullback of the January 2022 high and the June 17 low, which is around […]
Emini bulls want close above June high today
Trading Update: Wednesday August 10, 2022 Emini pre-open market analysis Emini daily chart Update after 5:30 AM PT report: The bulls got a strong close above the August 8th high and June 2 high. Bulls want close above June high today. The Emini tested the June 2nd high two days ago, forming a bear bar […]
Emini may need correction down to 4,000 soon
Trading Update: Tuesday August 9, 2022 Emini pre-open market analysis Emini daily chart The Emini went above the June 2 major high low yesterday and reversed down. Since the rally is climactic, the market may need correction down to 4,000 to find more buyers. Now, traders will agree that the market is either in a […]
Emini likely to reach June high today
Trading Update: Monday August 8, 2022 Emini pre-open market analysis Emini daily chart Emini likely to reach the June 2 high today, and go at least one point above it. June 2 is a major lower high, and if the bulls go above it, they can argue that the market is either in a bull […]
Bitcoin ioi modo de ruptura
Visión General del Mercado: Futuros de Bitcoin Los Futuros sobre el Bitcoin han estado cotizando durante toda la semana, dentro del rango de precios de la semana. Tras una recuperación del 28 % en julio, los Traders se están preguntando si esto es solamente el retroceso de una tendencia bajista o si, por lo contrario, […]
Emini futures double top bear flag, but strong leg up
The S&P 500 Emini futures tested close to the June 2 high. Bears want a double top bear flag, but the bull small bar on the weekly chart is a weak sell signal bar for next week. The move up since July 14 is fairly strong. Odds are the bulls will get at least a small second leg sideways to up after a pullback.
Nasdaq 100 monthly EMA may act as resistance?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market has had consecutive bull trend bar closes above the weekly exponential moving average (EMA) for the first time this year. Bulls reached target of monthly EMA which may now act as resistance. Every day this week was a bull day, although with enough trading […]
