Market Overview: Weekend Market Analysis The SP500 Emini futures market is in a trading range with both an Emini double top bear flag and a double bottom bull flag. There is a 50% chance that a 15% correction is underway. The EURUSD Forex has weak bear follow-through on the weekly chart. It should test the […]
Emini reversal up from 100-day MA on daily chart.
Market Overview: Weekend Market Analysis SP500 Emini reversal up from below the 100-day moving average on the daily chart. The Emini might have to go sideways for a couple of weeks as traders decide if the 100-day moving average support is more important than the 50-day moving average resistance. If the bulls can get consecutive […]
