Market Overview: EURUSD Forex The market formed a EURUSD breakout below the trading range this week. The bears want follow-through selling and a measured move down based on the height of the trading range. The bulls want a failed breakout and the trading range low to act as support followed by a retest of the […]
Weekly Crude Oil Outside Bull Bar
Market Overview: Crude Oil Futures The market formed a weekly Crude Oil outside bull bar closing above the 20-week EMA. The bulls must create follow-through buying above the bear trend line and the 20-week EMA to increase the odds of testing the October 8 high. The bears want a retest of the October low and […]
No Emini Follow-through Selling
Market Overview: S&P 500 Emini Futures There was no Emini follow-through selling on the weekly chart this week. The bears are not yet as strong as they hoped to be. They see this week as a retest of the prior trend extreme high (Nov 11) and want a reversal from a lower high major trend […]
Nasdaq 100 Bad Follow-Through to Big Bear Bar of 11-11
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a good bull reversal bar and a bad follow-through to big bear bar of 11-11. On the daily chart, the market went sideways to up all week to get back above the exponential moving average (EMA). The monthly bar is now a bull […]
Nifty 50 Bull Channel
Market Overview: Nifty 50 Futures Nifty 50 Bull Channel on the weekly chart. The market closed strongly bullish this week, breaking a seven-week bearish streak. It is currently trading near the bottom of a large bull channel while also moving within a smaller bear channel. On the daily chart, Nifty 50 is forming a wedge […]
Emini Weak Buy Signal Bar in Tight Trading Range
Trading Update: Friday November 22, 2024 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. […]
Emini Becoming a Breakout Mode Market
Trading Update: Thursday November 21, 2024 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 each sell entry bar with a […]
Emini Outside Up Bad Context for Bulls
Trading Update: Wednesday November 20, 2024 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. […]
Emini Stalling at the Moving Average
Trading Update: Tuesday November 19, 2024 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. […]
Emini Closed Under the October 17th Breakout Point
Trading Update: Monday November 18, 2024 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 Friday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Friday. […]
