Market Overview: FTSE 100 Futures The FTSE futures market went sideways last week with another pause in an expanding triangle pattern. But after 4 consecutive bull bars, it will be tough for bears to do too much damage. Strong micro gaps below, so many reasons to be long. Bears hope to trap bulls here and return […]
Nifty 50 2nd Leg Trap
Market Overview: Nifty 50 Futures Nifty 50 2nd Leg Trap on the weekly chart. This week, the bears were able to obtain a strong bear close; however, a reversal will require a strong follow-through bar. Many bulls would be dissatisfied and postpone purchasing this bull breakout until the market once more gives a strong close […]
Emini Strong Bear Breakout with Follow-through
Trading Update: Friday September 22, 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 several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell entry with a […]
Emini Bears Want Test of 4,400
Trading Update: Thursday September 21, 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 several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell entry with a […]
Emini Failed Breakout below September 7 Low
Trading Update: Wednesday September 20, 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 several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each […]
Emini Bears Want Second Leg Down
Trading Update: Tuesday September 19, 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 several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell entry with a […]
Emini Strong Entry Bar after Low 2
Trading Update: Monday September 18, 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 several reasonable stop entry setups from Friday. I show each buy entry with a green rectangle and each sell entry with a […]
Bitcoin weak reversal up from bear ioi sell setup and 25k
Market Overview: Bitcoin Bitcoin is reversing up from a bear ioi sell signal on the weekly chart. Both the Bulls and the Bears are active. The Bears sold a Bear Breakout of the Bull trend line. But the Bulls were trending during the year, and until proven wrong, Traders should suppose that the Bears will […]
EURUSD 9 Consecutive Bear Bars
Market Overview: EURUSD Forex The weekly chart formed a EURUSD 9 consecutive bear bars with many candlesticks closing near their lows. That means strong bears. The odds continue to slightly favor sideways to down. However, the move down has lasted a long time and is slightly climactic. A minor pullback can begin within a few […]
Crude Oil Strong Bulls
Market Overview: Crude Oil Futures The weekly chart formed another consecutive bull bar which means Crude Oil strong bulls. The market likely has flipped into Always In Long. The bears hope to get a reversal down from a large double top bear flag with November 2022 high. Crude oil futures The Weekly crude oil chart […]
