Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures short trading week is a small bear reversal bar with small tails above and below. This is the second bear reversal bar in as many weeks. At this point bears would like a close below the prior bar. That has not happened since early March. […]
DAX 40 Tight Trading Range at MA in Bull Channel
Market Overview: DAX 40 Futures DAX futures has been stuck in a tight trading range for several weeks, and this is the first touch of the MA. The bears see a possible second entry short – but at the MA is not great. Bulls will happily buy the MA and below in such a strong […]
FTSE 100 Surprise Bear BO Below a Wedge, Bull Channel
Market Overview: FTSE 100 Futures The FTSE futures market moved lower strongly last week with a surprise bear BO below a wedge. Traders may expect 2 legs sideways to down. The bulls see a climax bar and will look to reverse it near the 200-week MA. Bears need a follow-through bar next week to try to […]
Emini Trading Range Likely for Several Weeks
Trading Update: Friday July 7, 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 Test into June 30th Gap
Trading Update: Thursday July 6, 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 Bulls Want Second Leg Up
Trading Update: Wednesday July 5, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Last Friday’s Emini setups Al created the SP500 Emini charts. Here are several reasonable stop entry setups from last Friday (before US holiday). I show each buy entry with a green rectangle and […]
Nasdaq 100 Best Pair of Bull Bars since July 2020
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures June monthly candlestick is a big bull trend bar with small tails and a body proportionate with the May monthly bar. This is the best pair of bull bars since July 2020 when the market broke to new highs post-pandemic. The week closed as an outside […]
EURUSD No Follow-through Selling
Market Overview: EURUSD Forex There was no follow-through selling on the weekly EURUSD Forex chart. The bulls want another leg up, completing the wedge pattern. The bears failed to create follow-through selling again in June. They are not as strong as they hope to be. If the current pullback remains weak (with overlapping bars, doji(s) […]
Bitcoin Q2 2023 Seguimiento Alcista Débil
Visión de Mercados: Futuros sobre Bitcoin Bitcoin Futures Q2 2023 (segundo trimestre 2023) es una vela de seguimiento débil tras vela la señal alcista en Q1 (primer trimestre). El precio ha aumentado su valor en un 6.72 % durante este último trimestre. Bitcoin se dirige hacia el gap del mínimo del Q1 2021, mientras el gap […]
Crude Oil Bull Inside Bar & Trading Range
Market Overview: Crude Oil Futures The Crude oil futures monthly candlestick was a bull inside bar with a long tail above. The bulls want a breakout above while the bears want a breakout below June’s range. The first breakout from an inside bar can fail 50% of the time. Reversals and poor follow-through are common […]
