Market Overview: DAX 40 Futures DAX futures moved higher last month with a Dax 40 big bull bar strong reversal closing on its high. The bulls see a pullback on the longer term timeframe and a second reasonable buy setup. The bears see a tight bear channel and are looking to sell again, seeing this […]
FTSE 100 Strong Second Entry Buy
Market Overview: FTSE 100 Futures The FTSE futures market increased last month, setting up a strong second entry buy. The bulls found support at the moving averages (MA.) The bulls see 2 legs sideways to down before trend resumption and a good buy signal. The bears see consecutive bear bars and a second entry short, so […]
FTSE 100 Trapped Bulls and Open Gaps
Market Overview: FTSE 100 Futures The FTSE futures market moved higher last week with trapped bulls and open gaps low in a trading range. The bulls see a second entry long at the bottom of a trading range and a failed breakout below the 7000 big round number. The bears see a tight bear channel and […]
DAX 40 Always in Long at the 20-Week MA
Market Overview: DAX 40 Futures DAX futures moved up again this week, so we are always in long at the 20-Week Moving Average (MA.) It has been an extended bear trend down to the lows of the COVID breakout, and we are testing the breakout on October 28th, 2020. We have retraced 2 years of […]
DAX 40 Breakout Mode, Bull Inside Bar
Market Overview: DAX 40 Futures DAX futures moved sideways last week with a weekly bull inside bar. It’s a micro double top and bottom, DAX 40 breakout mode so next week is important. Probability favors the bear move down, but the math favors the bulls for a swing up to the moving average. We are […]
FTSE 100 Bear Channel Closing below Big Round Number
Market Overview: FTSE 100 Futures The FTSE futures market moved sideways to down last week in a FTSE 100 bear channel with another bear bar. Limit bulls bought below the outside bar and the strong reversal on Friday will scare some bears off selling too low again. We are always in short so high probability we […]
FTSE 100 Outside Bar at Measured Move Target
Market Overview: FTSE 100 Futures The FTSE futures market reversed up last week at the trading range lows as an FTSE 100 outside bar so it’s in breakout mode. The bulls want a High 2 buy setup low in the trading range for a swing up. But after such strong bear bars, the odds favor a […]
DAX 40 Micro Double Bottom at 12000 Big Round Number
Market Overview: DAX 40 Futures DAX 40 Micro Double Bottom on the weekly chart as bulls started to scale in buys at the lows of the previous trading range. It is possibly still always in short after 3 consecutive bear bars, but the math favors bulls if they can get a better buy signal. So […]
DAX 40 Consecutive Bear Bars Closing on Lows
Market Overview: DAX 40 Futures DAX futures continued down this month with consecutive bear bars closing on lows. The bulls see a bull flag in a longer-term bull trend and expected the second leg to get back to near the breakout of the trading range. The bears see a tight bear channel, but with overlap […]
FTSE 100 Big Bear Bar Pause at 100-Month MA
Market Overview: FTSE 100 Futures The FTSE futures market continued down last month with a big bear bar pause as traders expected after an August strong sell signal. The bulls want a moving average gap bar buy setup and the bears want another leg down. It’s a longer-term trendline break, so some traders will expect a […]
