Market Overview: FTSE 100 Futures The FTSE futures market reached a 50 percent pullback last week after two big sell climax weeks. We went sideways with buyers below at the 100-Week MA and sellers up at the 20-week MA. Its not a great buy nor sell signal – but probably better to be short than long […]
Emini May Go Sideways before Bears Get 2nd Leg Down
Trading Update: Friday March 24, 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 Surprise Outside Down Bar, 2nd Leg Down Likely
Trading Update: Thursday March 23, 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 Bulls Want Measured Move Up to 4,150
Trading Update: Wednesday March 22, 2023 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 red […]
Emini Bulls Strong Entry Bar Wanted after Yesterday’s Buy Signal Bar
Trading Update: Tuesday March 21, 2023 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 sell […]
Emini Bulls Want Upside Breakout of Bear Flag
Trading Update: Monday March 20, 2023 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 red […]
Bitcoin Huge Bull Breakout Surprise Bar
Market Overview: Bitcoin Futures Bitcoin huge bull breakout surprise bar. This week, the price increased by +34.07% of its value. It is the biggest increment in a week since the first weekly candlestick of 2021: After that candle, the price ended up rallying +61.64%. What is different this time? At the left of the surprise bar, […]
EURUSD OO Pattern but Dojis
Market Overview: EURUSD Forex The EURUSD Forex weekly chart formed an EURUSD OO pattern above the 20-week exponential moving average. So far, the bears have not yet been able to create follow-through selling below the 20-week EMA. The bulls want a second leg sideways to up but so far, have not yet been able to […]
Crude Oil Strong Breakout
Market Overview: Crude Oil Futures Crude oil strong breakout below the 16-week trading range. They want a measured move down to around 57 using the height of the 16-week trading range. The bulls want a failed breakout and a reversal back into the middle of the trading range from a lower low major trend reversal […]
Emini Futures Opened Lower but No Follow-through
Market Overview: S&P 500 Emini Futures The S&P 500 Emini futures opened lower but no follow-through selling. The bears hope that this week was simply a pullback and want another leg down forming the wedge pattern with the first two legs being March 2 and March 13. The bulls hope that the current pullback will […]
