Trading Update: Wednesday June 26, 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 […]
Emini Daily Chart Transitioning into Trading Range
Trading Update: Tuesday June 25, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini Intra-Day Update 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 […]
Emini Support at 5,500 Round Number
Trading Update: Monday June 24, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini Intra-Day Update 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 […]
EURUSD Bear Leg
The weekly chart is still in a EURUSD bear leg. The bears need to continue creating follow-through selling to increase the odds of a breakout below the bull trend line. The bulls want a reversal from a higher low major trend reversal and a wedge bull flag (Feb 14, Apr 16, and Jun 14). If […]
Bitcoin bear follow through after double top and pointing towards $60000
Market overview In this week’s Bitcoin report, we delve into the evolving market dynamics as Bitcoin navigates a critical juncture. The weekly chart showcases a potential shift in short-term momentum, as bearish signals emerge amidst a broader bullish structure. We maintain a cautious outlook for the coming weeks, anticipating sideways to downward trading unless a […]
Crude Oil Bulls Need Follow-through
Market Overview: Crude Oil Futures The Crude Oil bulls need follow-through buying following this week’s breakout above the bear trend line. They also need to create a breakout above the expanding triangle top. The bears want a reversal from a lower high major trend reversal, from a double top bear flag (May 29 and Jun […]
Emini Micro Wedge
Market Overview: S&P 500 Emini Futures The weekly chart formed an Emini micro wedge (Jun 7, Jun 12, and Jun 21). The problem with the bear’s case is that they have not been able to create strong bear bars with sustained follow-through selling. The bears need to create a strong entry bar with follow-through selling […]
Nifty 50 Bull Channel
Market Overview: Nifty 50 Futures Nifty 50 Bull Channel on the weekly chart. The market on the weekly chart closed with a bearish candlestick. The bear bar has a small body with small tails on either side. The market is trading near the top of the bull channel, and this week it nearly reached the […]
Nasdaq 100 Bad Follow-Through to Biggest Bull Body Since October
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a doji bull bar with a long tail above. It is another new all-time high close above June 10 high, but a bad follow-through to biggest bull body since October. On the daily chart, the market made the measured-move target mentioned in the […]
DAX 40 Bull Channel, Bottom ⅓ TR, 18000 Magnet
Market Overview: DAX 40 Futures DAX futures went higher last week with a small bull bar at the 18000 magnet. It’s a pullback and a pause after a big volatility expansion last week. Always in short on the daily chart and lower third of a trading range on the weekly, so probably buyers not far […]
