Market Overview: Crude Oil Futures The weekly Crude oil bears want follow-through selling to increase the odds of a sustained move. Bulls want the April 17 or the March 10 lows to provides support. Crude oil futures The Weekly crude oil chart The Daily crude oil chart Market analysis reports archive You can access all […]
E-mini Bulls Want a Retest of the All-Time High
Market Overview: S&P 500 E-mini Futures The E-mini bulls want a retest of the all-time high followed by a trend resumption. Bears want the retest of the trend extreme high to be weak, forming a lower high major trend reversal or a small double top. S&P500 E-mini futures The Weekly S&P 500 E-mini chart The […]
Weekly EURUSD Bulls Want a Higher Low
Market Overview: EURUSD Forex The weekly EURUSD bulls want a higher low and a large double bottom pullback (April 6 and June 8). If the market trades higher, bears want the 20-week EMA or the May 29 high to act as resistance, forming a double top bear flag. EURUSD Forex market The Weekly EURUSD chart […]
Weekly E-mini Bulls Want a Retest of the High
Market Overview: S&P 500 E-mini Futures The weekly E-mini bulls want a retest of the high. Bulls need sustained buying to increase the odds of trend resumption. If the market trades higher, bears want a weak retest of the trend extreme, forming a lower high major trend reversal or a small double top. S&P500 E-mini […]
Weekly Crude Oil Bears Want a Breakout
Market Overview: Crude Oil Futures The weekly Crude oil bears want a breakout below the triangle and the 20-week EMA. If the market breaks below the triangle, bulls hope the bottom of the trading range around the March 10 low provides support. Crude oil futures The Weekly crude oil chart The Daily crude oil chart […]
Crude Oil Has Formed a Triangle Pattern
Market Overview: Crude Oil Futures Crude oil has formed a triangle pattern on the weekly chart over the past 13 weeks. Bulls want any pullback to form a higher low relative to the May 6 or April 17 lows. Bears see this week as a pullback and want a second leg sideways to down following […]
EURUSD Formed a Bear Leg Within the Trading Range
Market Overview: EURUSD Forex EURUSD formed a bear leg within the trading range. Bulls want the lower third of the trading range or the March 13 low area to provide support. Bears want a retest and breakout below the trading range low, followed by a measured move based on the height of the trading range. […]
E-mini Bears Need Strong Follow-through Selling
Market Overview: S&P 500 E-mini Futures On the weekly chart, E-mini bears need strong follow-through selling. Bears want a two-legged sideways-to-down pullback lasting a few weeks. Bulls see this week as a pullback and want at least a small sideways-to-up leg to retest the all-time high after the pullback, even if it only forms a […]
Consecutive Strong Monthly E-mini Bull Bars
Market Overview: S&P 500 E-mini Futures The market formed consecutive strong monthly E-mini bull bars, breaking into new all-time highs. Bulls want a measured move to around 8000 based on the height of the April spike bar. Bears want a failed breakout above the bull trend channel line within a few months, followed by a […]
Monthly Crude Oil ii Pattern
Market Overview: Crude Oil Futures The market formed a monthly Crude oil ii pattern (inside-inside). The market is in breakout mode. Bears want a breakout below the inside bear bar, while bulls want the breakout to fail and reverse up. Crude oil futures The Monthly crude oil chart The Weekly crude oil chart Market analysis […]
