Market Overview: FTSE 100 Futures FTSE 100 futures moved higher last week with a bull doji and now two bull closes above the MA. We are still at the apex of a triangle, and BOM will finish soon – or so traders think. Bulls have a small pullback trend on the daily chart, and buyers […]
Nifty 50 Big Round Number
Market Overview: Nifty 50 Futures Nifty 50 Big Round Number on the weekly chart. The market is still moving within a strong, broad bull channel after forming another powerful bull bar that closed close to the weekly high. The bull channel’s high and the 21000 mark will both serve as strong price resistance points. Following the […]
Emini Moving Average Getting Closer
Trading Update: Friday December 8, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market 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 […]
Emini Bears Need Follow-Through Selling
Trading Update: Thursday December 7, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market 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 […]
Emini Tight Trading Range at September High
Trading Update: Wednesday December 6, 2023 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 Sideways at Resistance
Trading Update: Tuesday December 5, 2023 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 Pullback to High 1 likely
Trading Update: Monday December 4, 2023 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 Cup and Handle and Good Bull Follow Through around 40k
Market Overview: Bitcoin Futures Bitcoin’s monthly chart: The price created a good follow through bull bar in November, after the Buy Signal Bar of October, that was Breaking Up a Tight Trading Range. During November, the price increased its value by 9.40% respecting the past month’s close. Now, after the Cup and Handle Bull Breakout and […]
EURUSD Bull Flag
Market Overview: EURUSD Forex The market formed a EURUSD bull flag (double bottom bull flag – Jan 6 and Oct 3) on the Monthly chart. The bulls need to create follow-through buying in December to increase the odds of retesting the July high. The bears hope that the current move is simply a deep pullback […]
Crude Oil Double Top Bear Flag
Market Overview: Crude Oil Futures The market formed a Crude Oil double top bear flag on the Monthly chart. The bears need to create a follow-through bear bar following the close below the 20-month EMA in November. The bulls want the 20-month EMA or the bull trend line to act as support and a reversal […]
