Market Overview: Bitcoin This week, Bitcoin is trading about 20% below its all-time high, a dip overshadowed by a historic move in its journey. On March 7, 2025, President Donald Trump signed an executive order launching the “Strategic Bitcoin Reserve” for the U.S., backed by roughly 200,000 bitcoins—worth around $17 billion—seized from federal forfeiture cases. […]
Weekly EURUSD Bull Leg
Market Overview: EURUSD Forex The weekly chart formed a weekly EURUSD bull leg trading back into the trading range. The bulls hope to get follow-through buying to retest the top of the trading range (Aug/Sep highs). The bears hope that the middle of the trading range or the November 6 high will act as resistance. […]
Crude Oil Large Second Leg Sideways to Down
Market Overview: Crude Oil Futures The market formed a Crude Oil large second leg sideways to down on the weekly chart. The bears must continue to create follow-through selling to increase the odds of breaking below the November 18 low. The bulls hope the lower third of the trading range will be an area of […]
Weekly Emini Bear Breakout
Market Overview: S&P 500 Emini Futures The market formed a weekly Emini bear breakout below the 23-week trading range. The bulls want a reversal from a double bottom bull flag (Jan 13 and Mar 7) or a wedge bull flag (Nov 4, Jan 13, and Feb 28). The bears must create follow-through selling following this […]
Nifty 50 Bear Channel Analysis
Market Overview: Nifty 50 Futures Nifty 50 Bear Channel on the weekly chart. This week, the market closed strongly in a bullish move. However, it is still trading within a bear channel and is currently near the bottom of the channel. On the daily chart, Nifty 50 broke out of a tight bear channel, but […]
Nasdaq 100 Bull Body Gap With Week of 8-19-2024 Closed
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear trend bar with a prominent tail below. The bull body gap with week of 8-19-2024 closed. On the daily chart, the market had lot more two sided trading than one would guess from the weekly chart. The daily exponential moving average […]
Emini Profit Taking and Test of Moving Average
Trading Update: Friday March 7, 2025 Emini end of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini chart. Here are reasonable stop entry setups from yesterday. […]
Emini Buyers Likely below Yesterday’s Low
Trading Update: Thursday March 6, 2025 Emini end of day video review See Rose’s YouTube channel for another End of day review. S&P Emini 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 […]
Emini Likely to Bounce over the Next Few Trading Days
Trading Update: Wednesday March 5, 2025 Emini end of day video review S&P Emini 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 Buyers below January 19th Low
Trading Update: Tuesday March 4, 2025 Emini end of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini 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. […]
