Market Overview: DAX 40 Futures DAX futures went higher last week with a bull doji – weak follow-through after a strong reversal up. The bulls want a move back to the MA, which is likely with such a bull trend bar. Some bears will sell the MA, while others are trapped trying to sell above […]
FTSE 100 Bear Inside Bar Under 100-Week MA
Market Overview: FTSE 100 Futures The FTSE futures market went slightly lower last week with a bear inside bar. Bears have had trouble breaking below this low, but keep getting bars under the MA. The risk/reward favours the bulls who want a move up, betting that we will not get another low in the year. Bulls […]
Emini High 1 Buy Setup Likely
Trading Update: Friday November 10, 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 Profit Taking Likely
Trading Update: Thursday November 9, 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 likely to Rally above October 17 High
Trading Update: Wednesday November 8, 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 Likely
Trading Update: Tuesday November 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 Approaching 4,400 and October High
Trading Update: Monday November 6, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market 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 […]
Bitcoin October Severe Bull Bar near 35k
Market Overview: Bitcoin Futures Bitcoin formed a severe bull bar in October. During October, the price increased its value by 28.80%. The price created a bull breakout bar that is breaking a breakout mode pattern. Looking to the left, there is some confusion, and Traders are waiting for confirmation during November. Bitcoin futures The Monthly […]
EURUSD Double Bottom Bull Flag
Market Overview: EURUSD Forex The monthly chart could be forming a EURUSD double bottom bull flag (Jan 6 and Oct 3). The bulls want November to be a bull bar closing near its high. The bears will need to create a breakout below the trading range low with follow-selling to increase the odds of a […]
Crude Oil Two-Legged Pullback
Market Overview: Crude Oil Futures The weekly chart formed a Crude Oil two-legged pullback, closing below the 20-week EMA. The bears need to create follow-through selling below the 20-week EMA to increase the odds of a reversal lower. The bulls want a reversal up from a double bottom bull flag (Oct 6 and Nov 3). […]
