Market Overview: FTSE 100 Futures FTSE 100 futures moved a lot higher last week with a huge bull surprise breakout. We have been in breakout mode for many months, really, but finally, it broke to the upside strongly. It looks like the bull channel will resume here. Bears want this to be a large double […]
Nifty 50 Weekly Double Bottom
Market Overview: Nifty 50 Futures Nifty 50 Double Bottom on the weekly chart. This week witnessed intriguing developments in the market. A bull bar with a small body and a bottom tail formed, signaling a weak follow-through attempt by the bears aiming for a reversal. Additionally, a double bottom pattern emerged, indicative of potential bullish […]
Emini Test of Bull Trend Channel Line
Trading Update: Friday March 22, 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 Bull Breakout of Triangle
Trading Update: Thursday March 21, 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 Bulls Hopeful for Upside Breakout of Triangle
Trading Update: Wednesday March 20, 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 Is in Breakout Mode
Trading Update: Tuesday March 19, 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 […]
Al Brooks Live Trading Workshop Orlando,
June 1 – June 4, 2024 — SOLD OUT
Al Brooks and Ali Moin Afshari are holding a 4-day workshop in Orlando, Florida, on Saturday June 1 through Tuesday June 4, 2024. See location info at the bottom. We have continued to receive requests from traders all over the world to hold such live events and we expect event to be sold out quickly. […]
Emini Bears Unable to Break Moving Average
Trading Update: Monday March 18, 2024 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 each sell entry bar with […]
Bitcoin stalls around $70000 after a buy vacuum test of the all-time high
Market Overview: Bitcoin The Bitcoin weekly chart shows a late-stage bull breakout, which raises concerns about a potential trend shift, either to sideways trading or a reversal. Bears might short here, while bulls are cautious. The daily chart action paints a different picture. Stuck in a bull channel without a clear Always In signal, short-term […]
No EURUSD Follow-through Buying
Market Overview: EURUSD Forex There was no EURUSD follow-through buying on the weekly chart. Is this simply a pullback to be followed by another leg up completing the wedge pattern (with the first two legs being February 22 and March 8), or is the market forming a lower high major trend reversal? Traders will see […]