Market Overview: NASDAQ 100 Emini Futures The January monthly NASDAQ Emini futures is a bull trend bar with small tails above and below. The January month created a 3-bar bull micro channel – the low of each bar higher than the low of prior bar going back to October. The body overlaps the body of […]
DAX 40 Big Bull Surprise Bar, Leg in a Trading Range
Market Overview: DAX 40 Futures DAX futures was a big bull surprise bar on the monthly chart. Still always in long on this timeframe, and it looks like a leg in a trading range. It was a tight trading range to the left, so it was a magnet, and we might need to go sideways […]
FTSE Big Bull Breakout Closing at All-Time High
Market Overview: FTSE 100 Futures The FTSE futures market increased last month, closing at an all-time high with a FTSE big bull breakout. Bulls need another bull bar for consecutive bull bars and breakout and follow-through, but the tail on January’s bar might reduce the number of bulls willing to hold long there. Bears need a […]
Emini 3 Consecutive Bull Trend Bars
Trading Update: Friday February 3, 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 Strong Bull Breakout after FOMC Report
Trading Update: Thursday February 2, 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 […]
Bulls Want FOMC to Rally Market up to December 13 High
Trading Update: Wednesday February 1, 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 Selling Wanted Today
Trading Update: Tuesday January 31, 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 Likely Close below Open and Disappoint Bulls
Trading Update: Monday January 30, 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. I show each buy entry with a green rectangle and each sell […]
Bitcoin Testing 200-week Moving Average
Market Overview: Bitcoin Futures Bitcoin futures testing 200-week moving average. During the week, the price increased +4.15% of its value. Tuesday is the last day of the month; So far, the Bitcoin price is up in January by +39.85%. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis […]
EURUSD Wedge and Micro Wedge
Market Overview: EURUSD Forex The EURUSD Forex formed a wedge and micro wedge on the weekly chart. However, the bears are still weak and need to do more to convince traders of a pullback or a reversal. The bulls want any pullback to be sideways and not deep. If the pullback is weak and sideways, […]
