Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a doji bull bar with a small body and a long tail below. It is more likely a breakout pullback below 7-29 low as it fell far enough below last week’s low even though it looks like a reversal bar. On the daily […]
DAX 40 Bull Reversal Bar at Measured Move Target
Market Overview: DAX 40 Futures DAX futures rose last week with a reversal bar at a measured move target. The bears needed good follow-through under that bar. But you can see a lot of traders scalped the targets below. We might need to come back up to find more sellers. 18000 was support for many […]
FTSE 100 Breakout Mode, Gaps Closed, Above MA
Market Overview: FTSE 100 Futures FTSE 100 futures went sideways last week with a trading range bar in breakout mode. Small body, hovering above the MA, so traders bought support and likely expect us to go sideways to up from here. Bears did what they needed to, which was to close the gaps. But more […]
Emini Sellers Likely above Yesterday’s High
Trading Update: Friday August 9, 2024 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 reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Low 1 but Bad Context
Trading Update: Thursday August 8, 2024 End of day video review 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 reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and […]
Emini Sellers above Yesterday’s High
Trading Update: Wednesday August 7, 2024 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 reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Profit Taking after Test of 5,000 Round Number
Trading Update: Tuesday August 6, 2024 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 reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Sell Vacuum Test of 5,000
Trading Update: Monday August 5, 2024 End of day video review S&P 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 reasonable stop entry setups from Friday. I show each buy entry bar with a green arrow and […]
Bitcoin Struggles to Break $70000: Frustation for Bulls and Bears
Market Overview: Bitcoin Bitcoin exhibited exhibited considerable volatility on July, yet it failed to deliver decisive results for either bulls or bears. The repeated rejection of the $70,000 resistance implies that sideways to downward movement is likely in the coming months. The interplay between the $70,000 resistance and $50,000 support will likely define the medium-term […]
Monthly EURUSD Tight Trading Range
Market Overview: EURUSD Forex The market formed a monthly EURUSD tight trading range with candlesticks that are overlapping with alternating bull and bear bodies. The bulls hope to get another leg up breaking above the triangle to retest the December 28 high. The bears hope that the 20-month EMA and the bear trend line will act as […]
