Trading Update: Monday July 22, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Friday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Friday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Bitcoin strong reaction below 20-week EMA
Market Overview: Bitcoin Bitcoin‘s last week’s analysis, highlighted the potential for a major top formation as the market entered an “always in short” market, coupled with the appearance of the first weekly EMA gap after a robust bull trend. However, the market defied expectations, closing the week without a gap, suggesting either a resurgence of […]
EURUSD Bear Doji
Market Overview: EURUSD Forex The weekly candlestick was a EURUSD bear doji testing the triangle top. The bears want a reversal from a wedge bear flag from around the top of the triangle pattern. If there is a pullback, the bulls want at least a small second leg sideways to up to retest the current […]
Weekly Crude Oil Follow-through Selling
Market Overview: Crude Oil Futures The market formed a weekly Crude Oil follow-through selling on the weekly chart. The bears want a reversal from a lower high major trend reversal, a double top bear flag (Apr 12 and Jul 5) and from around the top of the large triangle pattern. The bulls hope that the […]
Emini Start of a Pullback
Market Overview: S&P 500 Emini Futures The weekly candlestick was a big outside bear bar possibly indicating an Emini start of a pullback. The bears want a TBTL (Ten Bars, Two Legs) pullback trading far below the 20-week EMA. The bulls want the pullback to form a higher low followed by a resumption of the […]
Nifty 50 report – Not available
Sorry, no Nifty 50 report this weekend. Will be back next weekend. Market analysis reports archive You can access all weekend reports on the Market Analysis page.
Nasdaq 100 Good Entry Bar to Bad Sell Signal Bar of 7-8
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big bear trend bar closing near its low. It is a good entry bar to bad sell signal bar of 7-8. On the daily chart, the market has consecutive bear close below the daily exponential moving average (EMA) for the first time […]
DAX 40 Bear Surprise, 5 Reversals, at MA in Bull Channel
Market Overview: DAX 40 Futures DAX futures went lower last week, with a bear surprise bar closing near its low. A strong reversal at the end of last week, and there should be a bit more sideways to down after. The bulls failed to get strong buying for a new high, so we will likely […]
FTSE 100 Open Breakout Gap, Bulls Swing, Bears Scalp
Market Overview: FTSE 100 Futures FTSE 100 futures went lower last week with an open breakout gap and BOM after a strong bull spike. TTR is also on the lower time frame, so it is time for the next pattern to start with a good breakout. But traders should wait for a BO and FT […]
Emini at Important Support
Trading Update: Friday July 19, 2024 S&P Emini pre-open 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 […]
