Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear doji inside bar. The market continues to be sideways since 2-26, although bears did manage 3 consecutive bear bars since September 2023. On the daily chart, the market oscillated around the exponential moving average (EMA). As was mentioned last week, it […]
DAX 40 Consecutive Bear Bars, After Bull Microchannel
Market Overview: DAX 40 Futures DAX futures pulled back again last week after consecutive bars in an overdone bull spike. We raced past 18000 and now came back to visit. Bears will likely get a second leg sideways to down but it has been quite lonely to sell in this environment for bears so better […]
FTSE 100 Sideways After Bull Spike, High in Trading Range
Market Overview: FTSE 100 Futures FTSE 100 futures went sideways to up last week high up in a long-term trading range. We were in breakout mode for a long time and then got a strong bull breakout so we should get another leg up at least. Bears want to fade the highs of the trading […]
Emini Finding Support at April 4th Low
Trading Update: Friday April 12, 2024 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 Buyers below April 4th Low
End of day video review Trading Update: Thursday April 11, 2024 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 […]
Emini Bears Want Second Leg Down
Trading Update: Wednesday April 10, 2024 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 Consecutive Inside Bars on Daily Chart
Trading Update: Tuesday April 9, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Richard created the SP500 Emini chart (Al travelling). Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry […]
Emini Disappointing Follow-through after Thursday’s Bear Breakout
Trading Update: Monday April 8, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini Intra Day Update Friday’s Emini setups Richard created the SP500 Emini charts (Al travelling). Here are reasonable stop entry setups from Fri. I show each buy entry bar with a green arrow […]
Bitcoin sideways between $60k & $70k
Market Overview: Bitcoin Bitcoin finds itself at a pivotal juncture. The prolonged bullish momentum that propelled prices to record highs is showing signs of waning. While the long-term outlook remains favorable, the coming days and weeks could see a shift in market dynamics. Recent price action reveals a climactic surge followed by consolidation, with buyers […]
No EURUSD Breakout below the Triangle
Market Overview: EURUSD Forex On the weekly chart, there was still no EURUSD breakout below the triangle. The bulls want a reversal from a double bottom bull flag (Feb 14 and Apr 2) or a wedge bull flag (Dec 8, Feb 14, and Apr 2). The bears hope that this week was simply a pullback […]