The EURUSD Forex market is in a 10-week trading range. Bears want a breakout below the 2017 low followed by a measured move down based on the height of the 7-year trading range height. Bulls want a reversal higher from a wedge bottom and a double bottom from the 7-year trading range low. Traders will BLSH (Buy Low, Sell High) until there is a strong breakout from either direction.
FTSE 100 bear surprise bar at last month’s lows
Market Overview: FTSE 100 Futures FTSE 100 bear surprise bar at last month’s lows. The bulls see a pullback in a relentless bull trend and a limit buy signal here and lower near the 7000 big round number. It is the first quarterly close lower since March 2020. The bears see a double top reversal […]
DAX 40 outside down bar at 13000 big round number
Market Overview: DAX 40 Futures DAX 40 outside down bar at 13000 big round figure. The bulls failed to break out of the trend line and the inside-outside down pattern was sold off. It is a micro double bottom with March and looks bearish, but we are at prior support for the bulls. If the […]
Nifty 50 futures weak bear bars
Market Overview: Nifty 50 Futures The Nifty 50 futures formed 3 consecutive bear bars after long time in monthly chart, but are weak bear bars which are not enough to convince more bears to short the market. Nifty 50 on weekly chart gave bad follow through to a High 1 bull bar closing near high (green box). […]
Emini bulls likely higher low and June 28 high test
Trading Update: Friday July 1, 2022 Emini pre-open market analysis Emini daily chart Yesterday was a small doji bar which is disappointing to the bears on the daily chart. Emini bulls likely higher low favored with second leg up testing the June 28 high. Bulls want a break above the June 28 high and test […]
Emini bears likely disappointment around 3,800
Trading Update: Thursday June 30, 2022 Emini pre-open market analysis Emini daily chart Emini bears got a small follow-through bar yesterday. However, the follow-through bar was a doji and a reminder that the market is likely in a trading range, with bears likely disappointment around 3,800 (midpoint of the June 27 rally). Bulls will try […]
Muestra de Configuraciones Diarias del Curso de Trading de Brooks
Configuraciones de Operaciones de Swing para Traders Intradía He estado creando versiones más detalladas de los gráficos de 5 minutos del final del día que publico cada día. Me gustaría que los traders vieran los factores que deben tener en cuenta a la hora de decidir si seguir una configuración de operación de swing. Aquí […]
Muestra de la Enciclopedia de Patrones de Al Brooks
Entradas Swing para Traders intradía La Enciclopedia de Patrones de Al Brooks es lo que utiliza el propio Al Brooks durante sus sesiones de Trading. Sirve para identificar patrones y elegir las estrategias adecuadas. Contiene más de 100 Estrategias de Trading que complementan el contenido del Curso de Trading de Al Brooks. Encontrarás 400 secciones, […]
Emini bulls want second leg up test of 4,000
Trading Update: Wednesday June 29, 2022 Emini pre-open market analysis Emini daily chart The bulls will see yesterday as a pullback and want a second leg up test of 4,000. Yesterday was outside down surprise breakout bar. It is probably a strong enough surprise to have at least a small 2nd leg down. However, it […]
Emini odds favor second leg up and test of 4,000 big round number
Trading Update: Tuesday June 28, 2022 Emini pre-open market analysis Emini daily chart Emini bulls had a strong breakout last Friday (6/24); however, the breakout led to bad follow-through in the form of a weak bear bar. At the moment, the odds favor a second leg up from the June 24th rally and test of […]
