Market Overview: NASDAQ 100 Emini Futures
The NASDAQ Emini futures week is a bull trend bar with almost no tails closing above last week’s high. It is the best bull bar since 12-2-24 and highest close of 2025.
On the daily chart, the market is grinding up in a channel above the daily exponential moving average (EMA).
The monthly bar has triggered the buy signal bar of last month, and close to the high of the December sell signal bar.
NASDAQ 100 Emini futures
The Weekly NASDAQ chart
- The week is a bull trend bar with almost no tails and closing above last week high.
- It is the best bull bar since the first week of December and the highest close of the year.
- Bulls now need a good follow-through bar.
- Given we have been in a trading range, and when bulls need one more bar, what is more likely? A bear bar or a doji bar.
- It is possible that next week goes above the December high and then closes below, creating a tail on top.
- If next week is a good bull bar, then there will likely be another leg up.
The Daily NASDAQ chart
- The market continues in what looks like a bull leg in trading range.
- Monday was a big bull reversal bar, and had a doji bear follow-through on Tuesday.
- Wednesday was another doji buy signal bar, with Thursday being a big entry bar and Friday a good follow-through bar.
- The market has closed above the first resistance shown. Is Tuesday more likely to be a good bull bar? It is less likely. There are likely more sellers at this price betting that the trading range will continue.
- If Tuesday is a good bull trend bar, then likely Friday close will act as temporary support for next leg up.
Market analysis reports archive
You can access all weekend reports on the Market Analysis page.
