Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures July monthly candlestick is a small bull trend bar with small tails. This month represents follow-through to May and June bull bars. The week closed as an outside down bear bar. This is the first weekly close below the prior bar since early March. Now the […]
DAX 40 Big Failed BO above a Wedge Top, OD at MA
Market Overview: DAX 40 Futures DAX futures moved lower last week with a failed BO above a wedge top. It was a large outside down bar, so likely sellers above now. Buyers at the MA but will they look to buy lower instead now? Bears want a FT bar but have not had consecutive down […]
FTSE 100 Big Bear Outside Bar in Middle of TR
Market Overview: FTSE 100 Futures The FTSE futures market moved down last week with a bear outside bar. That means we triggered buyers above after a bull microchannel in the middle of a trading range. There were buyers again at the 200-week MA. It might be difficult for bears to sell through it. This week is […]
Emini Closed below Moving Average
Trading Update: Friday August 4, 2023 S&P 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 […]
Emini Testing 4,500 Round Number
Trading Update: Thursday August 3, 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 several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell entry with a […]
Emini Bears Have Reached the July 28th Low
Trading Update: Wednesday August 2, 2023 S&P 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 Richard created the SP500 Emini chart (Al travelling). Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle […]
Emini Bears Want Test of July 27th Low
Trading Update: Tuesday August 1, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Richard created the SP500 Emini chart (Al travelling). Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell entry […]
Emini Final Trading Day of July
Trading Update: Monday July 31, 2023 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 chart. Here are several reasonable stop entry setups from Friday. I show each buy entry with a green rectangle and each sell entry with a […]
Bitcoin Intriguing Bear Breakout Attempt of a TTR at 30k
Market Overview: Bitcoin Futures Bitcoin futures Bear Breakout attempt of a TTR (Tight Trading Range). During the week, the value of a Bitcoin decreased by 0.97%. Traders wonder if the tight range during the bull channel, it is the beginning of a transition into a trading range. Monday it is the last trading day of […]
EURUSD Failed Breakout or Pullback?
Market Overview: EURUSD Forex Is the weekly chart forming a EURUSD failed breakout or a pullback? The bulls hope the last two weeks were simply a pullback and want at least a small retest of the prior leg extreme (Jul 18). The bears want a reversal down from a wedge top, a trend channel line overshoot and […]
