Trading Update: Tuesday October 17, 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 reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Bulls Want High 1 Buy Signal
Trading Update: Monday October 16, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market update Friday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Friday. I show each buy entry with a green rectangle and each sell […]
Trading systems design and development
*SA2 open for application*
The following article covers original course offering as well as Systems Academy 2 (SA2) which is now open. Admission is based on applying and participating in a discovery session with your coach if your application has been successful…
Bitcoin quick test down of Daily chart magnet
Market Overview: Bitcoin Bitcoin test down of a Daily chart magnet. During the past report, we have said that the price was likely to test the apex of a Trading Range on the Daily chart, and this is what happened during the week. Regarding the weekly chart, there is a bear signal bar, but since […]
No EURUSD Follow-through
Market Overview: EURUSD Forex The market traded higher but reversed into a bear bar; there was no EURUSD follow-through buying following last week’s bull reversal bar. That put the minor pullback lasting many weeks beginning in doubt. If the bears get follow-through selling breaking far below the March low, it could lead to a measured […]
No Crude Oil Follow-through selling
Market Overview: Crude Oil Futures The weekly candlestick was an inside bull bar closing near its high; there was no Crude Oil follow-through selling. The bulls need to create follow-through buying next week to increase the odds of another leg up. The bears want a breakout below the inside bull bar. Crude oil futures The […]
Weak Emini Follow-through Bull Bar
Market Overview: S&P 500 Emini Futures The market traded higher but closed with a long tail above forming a weak Emini follow-through bull bar. The bulls want the Emini to reverse back above the 20-week exponential moving average. The bears want another leg down to complete the wedge pattern with the first 2 legs being […]
Nasdaq 100 Bad Follow-through to Entry Bar of 10/2
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a doji bar with a small bull body and a big tail on top. It is a bad follow-through to entry bar of 10/2, closing below last week’s high. On the daily chart, this went up to the high of 9/20 and reversed […]
DAX 40 Sideways at Bear Swing Target, Gap Closed
Market Overview: DAX 40 Futures DAX futures moved sideways last week, low in a trading range at the prior swing low. The bears closed the last gaps and have struggled to get a break below this possible wedge bottom channel line. Bulls want to buy, but it is still a low-probability trade until a good […]
FTSE 100 Breakout Mode, 2nd Leg Up Likely
Market Overview: FTSE 100 Futures The FTSE futures market has had shrinking volatility into breakout mode into a triangle near the MAs. While we will probably get a move up and a move down, until the bears break strongly below that bull trend line, the scale in bulls will continue to strongly buy lows and scalp. […]
