Market Overview: DAX 40 Futures DAX futures went sideways last week, with another doji in a pullback after a breakout. After a strong bull breakout to a new high and a great entry bar for the bulls, those bulls are wondering how much higher. Bears have nothing to sell, but we might drift back to […]
FTSE 100 Bull BO, Pullback, Swing Bears 2:1
Market Overview: FTSE 100 Futures FTSE 100 futures pulled back lower last week with a big bear bar hitting a bear swing target. There has been a strong bull breakout from the lows of a bull channel, and we are near the top of it. We don’t have to reverse here, but some bulls will […]
Emini Testing Moving Average
Trading Update: Friday May 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 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 Pullback Likely
Trading Update: Thursday May 23, 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 Possible Final Flag
Trading Update: Wednesday May 22, 2024 End of day video review 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 […]
Emini Bears Want Strong Entry Bar
Trading Update: Tuesday May 21, 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 Bulls Want Breakout above High 1
Trading Update: Monday May 20, 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 Bulls bought prior bear’s weekly close around 60k
Market Overview: Bitcoin Bitcoin bull reversal within a limit order market. This week, we explore the intricacies of the limit order market structure that continues to dominate Bitcoin’s weekly price action and understand why this week’s bullish trend bar aligns with this pattern and what it means for traders. Bitcoin The Weekly chart of Bitcoin […]
Weekly EURUSD Lower High
Market Overview: EURUSD Forex The market traded higher and is currently at a weekly EURUSD lower high. The bulls need to create follow-through buying following this week’s close above the 20-week EMA. The bears hope that the bear trend line will act as resistance. If the market trades higher, the bears want a larger double top bear flag with the March […]
Crude Oil stalled
Market Overview: Crude Oil Futures Crude Oil stalled at the bull trend line in the last 2 weeks. The bears want at least another sideways to down leg, completing the third push down (wedge) with the first two legs being April 22 and May 8. The bulls want a reversal from a wedge (Apr 22, May 8, and May 15), […]
