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 […]
Emini ii Pattern
Market Overview: S&P 500 Emini Futures The weekly chart formed an Emini ii pattern (inside inside). The market is in breakout mode. The first breakout from an inside bar can fail 50% of the time. Traders will see if the bears can get a breakout below with follow-through selling or will the market trade slightly […]
Nifty 50 Double Bottom
Market Overview: Nifty 50 Futures Nifty 50 Double Bottom on the weekly chart. On the weekly chart, the market is currently trading inside a large bull channel. This week, the market formed a strong bull close that resulted in a breakout of the important round number 20000. Bulls were able to obtain a breakout gap, […]
Nasdaq 100 Three Pushes up from 8/18
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a consecutive sell signal bar with its low above last week’s low. On the daily chart, this week looks like the 2nd and 3rd push of three pushes up from 8/18. The market tried breaking out above last week’s high and reversed. The […]
DAX 40 Big Bull Outside Up, Closing Above MA and in TTR
Market Overview: DAX 40 Futures DAX futures moved higher last week with a bull outside up bar closing above the MA and back in the middle of the TTR. Most bulls will want to see a consecutive bull close above the MA to get back to always in long. Some bulls are stuck high after […]
FTSE 100 Weak Signal, Strong Bull BO or LH DT?
Market Overview: FTSE 100 Futures The FTSE futures market moved higher last week with a weak signal bar that turned into a strong bull BO. We said last week the pain trade might trap traders and it did. The bears wanted the LH and break below but too much buying pressure at the higher MAs below. […]
Emini Bears Want Low 2
Trading Update: Friday September 15, 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 Bulls Want Strong Entry Bar
Trading Update: Thursday September 14, 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 Buyers below Low 1
Trading Update: Wednesday September 13, 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 50 Percent Pullback For Bears
Trading Update: Tuesday September 12, 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 […]
