Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market had a bear breakout from the sideways bars of the past two weeks to begin the Nasdaq 100 pullback of the bull micro channel of the past 6 weeks. The month is now a Low 2 bear doji reversal bar at the monthly exponential […]
DAX 40 Big Bear Bar Closing at Last Week’s Low
Market Overview: DAX 40 Futures DAX futures last week was a big bear bar closing at last week’s low. Since October, it has been tough to be a bear. Limit bears couldn’t even make money selling prior highs. This might have become climactic, and as bulls take profits, bears might sell second-entry signals around here. […]
FTSE 100 Big Pullback Test of Breakout Point
Market Overview: FTSE 100 Futures The FTSE futures market reversed last week with a big pullback test of the breakout point. It is a bear surprise, but sitting in a tight bull channel will likely form a bull flag. The bears want a follow-through bar to create a top for the next few months. The bulls […]
Nifty 50 Bear Channel
Market Overview: Nifty 50 Futures Nifty 50 bear channel on the weekly chart and Nifty 50 is also forming a micro double top pattern. This week’s market showed an impressive bear bar that closed close to the low, possibly attracting some bears to sell and anticipate a micro double top and measured move down. On […]
Emini Bears Want Break below January 25 Low
Trading Update: Friday February 24, 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 Bears Likely Disappointed Today or Tomorrow
Trading Update: Thursday February 23, 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 Bears Follow-through Needed Today
Trading Update: Wednesday February 22, 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 Breakout below February 10 Likely to Fail
Trading Update: Tuesday February 21, 2023 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 (before Monday bank holiday and early market close). I show each buy […]
Bitcoin Entering Sell Zone
Market Overview: Bitcoin Futures Bitcoin entering sell zone. During this week, the price increased by +14.21% of its value. Traders should expect a leg sideways to down testing 2022 lows starting within the next months. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis Trading Market analysis reports […]
EURUSD Outside Bull Doji
Market Overview: EURUSD Forex The EURUSD Forex weekly candlestick was an outside bull doji. Bulls want a continuation of the bull channel up, while the bears want a test of the 20-week exponential moving average and the January 6 low. The bulls want any pullback to be sideways and not deep. If the pullback is […]
