Market Overview: Bitcoin Last week, Bitcoin closed near its low, forming a bear signal bar within a narrow trading range on the weekly chart. However, this signal is not ideal due to the tight nature of the range. Currently, the price has entered the $55,000 zone, a buy zone for traders who believe the market […]
2-Legged EURUSD Pullback
Market Overview: EURUSD Forex The bulls hope that the market is simply forming a 2-legged EURUSD pullback and want a resumption of the bull leg after the pullback phase. The bears want a reversal from around the upper third of the large trading range from a double top bear flag (Dec 28 and Aug 23) […]
Weekly Crude Oil Breakout
Market Overview: Crude Oil Futures The market formed a weekly Crude Oil breakout below the triangle pattern. The next target for the bears is the December low. They need to create a follow-through bear bar to confirm the breakout. The bulls want a reversal from a double bottom bull flag (Jun 4 and Sept 6) […]
Weekly Emini Big Pullback
Market Overview: S&P 500 Emini Futures The market formed a weekly Emini big pullback with a big bear bar testing the 20-week EMA. The bears need to create a follow-through bear bar to increase the odds of retesting the August low. The pullback is stronger than the bulls hoped it would be. They hope to […]
Nasdaq 100 Surprise Bear Bar Did Not Trigger 8-26 Bad Buy Signal Bar
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear trend bar closing below the daily and weekly EMA – exponential moving average. The surprise bear bar did not trigger 8-26 bad buy signal bar. On the daily chart, the market went sideways around the broken support from 6/24 for couple […]
DAX 40 New All-time High, Outside Down, Closing at MA
Market Video Overview: DAX 40 Futures Tim Fairweather’s weekly report on the DAX 40 futures market. We are piloting video reports for FTSE 100 and DAX 40 this week. Let us know below what you think to to this when compared to written reports. Summary In this video, Tim Fairweather provides a detailed weekly report […]
FTSE 100 Bear Surprise at MA in Bull Channel
Market Video Overview: FTSE 100 Futures Tim Fairweather’s weekly report on the FTSE 100 futures market. We are piloting video reports for FTSE 100 and DAX 40 this week. Let us know below what you think to to this when compared to written reports. Summary Tim Fairweather provides a detailed analysis of the FTSE 100 […]
Nifty 50 Outside Bar
Market Overview: Nifty 50 Futures Nifty 50 Outside Bar on the weekly chart. This week, the market on the weekly chart has shown a strong bearish close. The market failed to achieve a successful bullish breakout above the previous swing high. After a bearish breakout from the tight bull channel, the market has now moved […]
Emini Strong Breakout below Daily Moving Average
Trading Update: Friday September 6, 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 Bulls Want Strong Reversal Up
Trading Update: Thursday September 5, 2024 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. I […]
