Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market went above the trading range of the past few weeks and reversed strongly to close as an outside down week. A possible start of next leg down. For the past 4 weeks, bulls have been making money buying below bars, and bears selling above […]
DAX 40 Consecutive Bars, Bear Surprise
Market Overview: DAX 40 Futures DAX futures this week was consecutive bars, a bear surprise after such a tight bull channel. Although it is outside down, the bulls will expect a second leg up, so it might be a bear trap. The bears will probably get a second leg sideways to down to the breakout […]
FTSE 100 Double Top in Trading Range or Pullback
Market Overview: FTSE 100 Futures The FTSE futures market formed a FTSE 100 double top high in a trading range last week, or is it a pullback? The bulls had a tight bull channel, so they expected a second leg after a corrective move sideways to down. It is likely we will test the breakout point […]
Emini Bears Need Follow Through after Breakout
Trading Update: Friday December 16, 2022 Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini Morning 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 sell entry […]
Emini Bears Want Second Leg Down
Trading Update: Thursday December 15, 2022 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 red […]
Emini Could Test 4,000 after FOMC Report Today
Trading Update: Wednesday December 14, 2022 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 red […]
Emini Surprise 130-point Breakout During Globex Session
Trading Update: Tuesday December 13, 2022 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 red […]
Emini Likely Sideways into Year End
Trading Update: Monday December 12, 2022 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 red […]
Bitcoin cotizando en lateral
Visión de mercado: Bitcoin Los futuros sobre bitcoin han cotizado en lateral durante la semana. El patrón alcista de bandera final activado hace un par de semanas sigue vigente, mientras el precio se encuentra dentro de un canal bajista. Bitcoin El gráfico semanal de los futuros sobre Bitcoin El gráfico diario de los futuros sobre […]
EURUSD Doji Bar at Bear Trend Line
Market Overview: EURUSD Forex The EURUSD Forex traded higher but closed as a EURUSD doji bar at bear trend line. The bulls did not get follow-through buying. The bull needs to break far above the major bear trend line to increase the odds that the selloff has ended. The parabolic wedge increases the odds that we will […]
