Trading Update: Tuesday January 31, 2023 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 sell […]
Trading Update: Friday June 10, 2022 Emini pre-open market analysis Emini daily chart Emini bulls gave up yesterday on the idea of a second leg up from the May 27 bull breakout without first having a deep pullback. The bears want follow-through after give-up bar yesterday. The bulls had several chances following the three-bar breakout […]
The bears got a bear follow-through bar on the S&P 500 Emini futures weekly chart. There are 7 consecutive bear bars on the weekly chart, something that has not happened since February 2001. It increases the odds of a bull bar within the next 1- to 3-weeks.
pullback (bounce) would be minor.
Market Overview: DAX 40 Futures The DAX futures moved lower last month with follow-through selling below a bear breakout. It’s always in short on the daily chart but bears failed to get consecutive bear bars last week so it looks like we might go sideways. The bulls have support after a long-term trend and we […]
Market Overview: Weekend Market Analysis The SP500 Emini futures had a low 1 short two weeks ago on the weekly chart as the Emini bears want selloff below January low. While the bears may get the market to fall below the January low soon, the odds of them getting a successful breakout below are small. […]
Al added some comments to report Market Overview: Weekend Market Analysis The SP500 Emini futures traded below November’s low on the monthly chart following a failed OO (Outside-Outside) pattern. Since the bull trend is strong, this is a minor sell signal with an Emini bear follow through bar. There are several support zones around the […]