Market Overview: Crude Oil Futures The weekly chart formed a crude oil follow-through bull bar following last week’s close above the 20-week exponential moving average and the bear trend line. The bulls want a retest of the April high. The bears hope that the market will stall around the middle of the 35-week trading range and […]
Emini Slightly Climactic, Always In Long
Market Overview: S&P 500 Emini Futures The market remains Always In Long with the Emini slightly climactic. The bears have not been able to create strong follow-through selling since the March low. They will need to create consecutive bear bars to increase the odds of a deeper pullback. The bulls want any pullback to be […]
Nifty 50 Big Round Number on Weekly Chart
Market Overview: Nifty 50 Futures Nifty 50 Big Round Number on weekly chart. This week, the market had come close to the @20000 level but ran into strong resistance, creating a long tail at the top of this week’s bull bar. The market is trading inside of a tight bull channel on the weekly chart, […]
DAX 40 Bull Trap in TTR or Trend Resumption
Market Overview: DAX 40 Futures DAX futures was a small bull follow-through bar but it did not close above the high of last week, so its a possible bull trap. Bulls want the stop-order to work and get back to the high close of the bull channel. Bears want tot rap them here and get […]
FTSE 100 Bull Follow-Through, Scale in Bulls Avoid a Loss
Market Overview: FTSE 100 Futures The FTSE futures market moved higher last week with a bull follow-through bar. It is a surprise and should have a second leg – though pullbacks have been deep, and it is the middle of a trading range. Traders should be looking to BLSHS. After such a tight bear channel, the […]
Emini Minor Reversal Down
Trading Update: Friday July 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 Beginning to Stall at 4,600
Trading Update: Thursday July 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 Becoming Climactic Pullback Likely
Trading Update: Wednesday July 19, 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 Richard created the SP500 Emini chart (Al travelling). Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle […]
Emini Becoming Climactic
Trading Update: Tuesday July 18, 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 chart. 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 to Disappoint Bulls
Trading Update: Monday July 17, 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 several reasonable stop entry setups from Friday. I show each buy entry with a green rectangle and each […]
