Trading Update: Tuesday August 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 Bears Second Leg Down
Trading Update: Monday August 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 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 […]
EURUSD Consecutive Closes below 20-Week EMA
Market Overview: EURUSD Forex The weekly chart was a EURUSD consecutive closes below the 20-week EMA, testing the bull trend line. While the odds continue to favor the market to trade at least a little lower, a minor pullback can begin within a few weeks. Odds favor a second leg sideways to down after a […]
Crude Oil Weak Follow-through
Market Overview: Crude Oil Futures The weekly chart formed a Crude Oil weak follow-through bear bar. The bulls want a retest and breakout above the August 10 high. The bears want the start of the bear leg to retest the 40-week trading range low. The market is in a 40-week trading range. Traders will BLSH […]
Emini Breakout Mode, Minor PB or Another Leg Down?
Market Overview: S&P 500 Emini Futures The weekly candlestick formed was an inside bull doji, forming an Emini breakout mode. The bulls want a breakout above, while the bears want a breakout below the inside bar. For now, odds slightly favor the current sideways to down pullback to be minor and at least a small […]
Bitcoin en 26k Continuación Bajista o Fallo
Visión de Mercado: Bitcoin Bitcoin ha cotizado en lateral durante toda la semana y los Traders se preguntan si habrá una Continuación Bajista de la Ruptura Bajista de la semana pasada, o si los bajistas fallarán. Bitcoin futuros Gráfico Semanal de Bitcoin Pasado (Soportes y Resistencias) “El precio va arriba y abajo constantemente, buscando descurbir […]
Nifty 50 Wedge
Market Overview: Nifty 50 Futures Nifty 50 Wedge on the weekly chart. The market formed the fifth consecutive bear bar on the weekly chart, which is closing close to its low. However, the bear bar has a long tail at the top, suggesting a potential trading range rather than a reversal. The likelihood of a trading range […]
Nasdaq 100 Pause Bar in Bear Leg Down since July 31
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull doji bar with a long tail above. It is a pause bar in bear leg down since July 31. The market also went above the high of the prior week and then sold off. The August monthly bar is a bear […]
DAX 40 Pullback After AIS or Wedge Bull Flag? TR
Market Overview: DAX 40 Futures DAX futures moved sideways last week with a pullback after potentially going always in short. Most traders will wait to see if there is a second leg they can participate in or wait for a buy signal low in a TR. Bulls will still get a MA Gap bar buy […]
FTSE 100 Small Inside Bar at Support, LL DB
Market Overview: FTSE 100 Futures The FTSE futures market moved higher last week with a small inside bar, a bull bar. It is a pullback, and traders will expect a test of the low close or even to see what is below the big bear bar earlier. We are at support, a trend line and low […]
