Trading Update: Thursday January 26, 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 […]
Emini Bears Want Strong Reversal Bar Today
Trading Update: Wednesday January 25, 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 […]
Emini Bears Want to Trap Bulls Buying January 17 High
Trading Update: Tuesday January 24, 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 […]
Emini Bulls Want Test of 4000 and Second Leg Up
Trading Update: Monday January 23, 2023 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 several reasonable stop entry setups from Friday. I show each buy entry with a green rectangle and each sell […]
Bitcoin Bull Reversal from Final Flag
Market Overview: Bitcoin Futures Bitcoin futures are reversing up from a final flag pattern, a Bitcoin bull reversal. During the week, the price increased +14.53% of its value. The current rally is the biggest one since 2021. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis Trading […]
EURUSD Small Bull Doji, Wedge Top
Market Overview: EURUSD Forex The EURUSD Forex was a small bull doji on the weekly chart. Bulls want an endless small pullback higher. If there is a pullback, they want the pullback to be sideways and shallow. The bears want a reversal lower from a wedge top. EURUSD Forex market The Weekly EURUSD chart The Daily EURUSD […]
Crude Oil 9-Week Trading Range
Market Overview: Crude Oil Futures The Crude oil futures market is in a 9-week trading range. This week was a breakout above the inside bull bar, but Crude Oil is sitting just under the 9-week trading range high, 20-week exponential moving average and bear trend line. The bulls will need to break far above these […]
Emini 5-Bar Bull Micro Channel
Market Overview: S&P 500 Emini Futures The S&P 500 Emini futures weekly chart is in a 5-bar bull micro channel. The bulls see this week as a pullback and want another leg higher testing the December high. Bears want a reversal down from a lower high major trend reversal. S&P500 Emini futures The Weekly S&P 500 Emini […]
Nifty 50 Consecutive Doji Bars
Market Overview: Nifty 50 Futures Nifty 50 consecutive Doji bars on the weekly chart imply the possible formation of a small trading range rather than a resumption up in the bull channel. Nifty 50 formed a bear flag on the daily chart and the current market is trading inside a triangle (which implies that there […]
Nasdaq 100 Bull Leg Pausing at Weekly EMA
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market is in a trading range with bull leg pausing at the weekly exponential moving average (EMA). The question is how high will the bull leg be? The January monthly bar so far is a good bull reversal bar. A couple of problems for bulls: […]
