Market Overview: FTSE 100 Futures The FTSE futures market moved higher last month, with buyers at the MA in a bull channel. But it was not a strong close. The bears want a little more down and might get it to the 100-month EMA. But the tail in March shows buying pressure. There would always be […]
FTSE 100 Big Bear Surprise, Leg 3 in Trending TR
Market Overview: FTSE 100 Futures The FTSE futures market moved lower last week with a bear surprise bar, and bears will want follow-through selling. The bulls see many legs and a higher-low with March. Traders have been buying the 100-week MA, so there is a natural long there. The bears will try and trap bulls there. […]
FTSE 100 High 2 in Bear Leg at Prior All-Time High
Market Overview: FTSE 100 Futures The FTSE futures market moved prices higher, setting up a High 2 with 5 days of trending lows. The bears failed to get follow-through selling at the MA, so we might need to move higher. The bull bars are not strong, and we have a bear trend line above, which should […]
FTSE 100 Strong Bear Leg in Broad Bull Channel
Market Overview: FTSE 100 Futures The FTSE futures market moved down last week with a small bear bar in a bear leg. We are pausing between the two MAs. Bulls want to buy on the moving average (MA), get another leg up, and close strongly above the prior All-time High (ATH). Bears are selling above bars […]
FTSE 100 Bear Surprise Pullback, Buyers at MA
Market Overview: FTSE 100 Futures FTSE futures market moved lower last month with a bear surprise pullback closing above the MA. Bulls see a pullback to the moving average (MA) and have bought here for 2 years. They will likely do so until it is no longer profitable. Bears will look to sell a pullback, […]
FTSE 100 Big Bear Breakout of Inside Bar at MA
Market Overview: FTSE 100 Futures The FTSE futures market moved down last week with a FTSE 100 big bear breakout of an inside bar. We are at a 50% pullback of the prior bull leg sitting on the moving average (MA) and at the prior high of the 18-month trading range. We might need to go […]
FTSE 100 Bull Channel, Failed High 1 Buy
Market Overview: FTSE 100 Futures The FTSE futures market moved sideways in the late stage of a broad FTSE 100 bull channel. It was a failed High 1 buy above a bear micro channel, and the bears should get a little more down. The bulls want to get a second leg after a strong move up […]
FTSE 100 Bull Flag, LH DT, High in Trading Range
Market Overview: FTSE 100 Futures The FTSE futures market formed a FTSE 100 bull flag with a lower high double top (LH DT). The price moved lower, but the tails tell us bears were scalping and ran into the scale-in bulls. After a strong micro channel, traders bought below the low and will buy 50%, expecting […]
FTSE Head and Shoulders Top or High 1 Buy?
Market Overview: FTSE 100 Futures The FTSE futures market formed a possible FTSE head and shoulders top on the weekly chart. The bulls want a High 1 buy above the pullback, but they might wait for a better entry bar. The bulls want a strong close or double bottom above the prior trading range high from […]
FTSE 100 Small Pullback Bull Trend, Double Top
Market Overview: FTSE 100 Futures The FTSE futures market has been in a small pullback bull trend since COVID. We moved higher last month, retracing the deep 50% pullback in March. The bears are happy with the sell-off before and will look to sell above February. The bulls will buy all pullbacks to the moving average […]
