Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures September monthly Nasdaq Emini candlestick is a bear trend bar closing above August low with a small tail below. The week closed as bull doji reversal bar at the weekly exponential moving average (EMA), with tails above and below and close above the EMA. NASDAQ 100 Emini […]
DAX 40 Dueling Lines, Wedge Top to a DT, Pullback to MA
Market Overview: DAX 40 Futures DAX futures was a dueling lines pattern last month, three pushes up a wedge top to a DT. It was a weak sell signal, but triggering a sell, high in a possible TR, and after three bull pushes up, might attract bear swing sellers. Some bulls are scaling in below […]
FTSE 100 BOM High in Trading Range, High 2
Market Overview: FTSE 100 Futures The FTSE futures market moved higher on the monthly chart with BOM and a High 2 setup. We have been going sideways for many months at the top of the prior trading range. The moving averages are pointed up, so it is a tight channel that is starting to flatten out. […]
Nifty 50 Wedge Top
Market Overview: Nifty 50 Futures Nifty 50 Wedge Top on the monthly chart. This month, the market closed with a weak bullish candle and a long tail at the top. After the powerful bull leg, the bulls were unable to form a second leg. Bulls may have sold their long positions because the monthly chart […]
Emini Bulls Want Test of August 18th Low
Trading Update: Friday September 29, 2023 S&P 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 […]
Emini Buyers at 4,300 Round Number
Trading Update: Thursday September 28, 2023 S&P 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 […]
Emini Testing 200-Day Moving Average
Trading Update: Wednesday September 27, 2023 S&P 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 […]
Emini Likely to Reach August 18 Low
Trading Update: Tuesday September 26, 2023 S&P 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 […]
Emini Always In Short
Trading Update: Monday September 25, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Friday’s Emini setups Al created the SP500 Emini charts. Here are several reasonable stop entry setups from Friday. I show each buy entry with a green rectangle and each sell entry with a […]
Crude Oil Climactic Rally
Market Overview: Crude Oil Futures The weekly chart formed a Crude Oil climactic rally. While odds slightly favor the market to still be in the sideways to up phase, the move up since June has lasted a long time and is slightly climactic. A minor pullback can begin at any moment. The bears want a […]
