Market Overview: FTSE 100 Futures The FTSE futures market had a big bull breakout above COVID trading range. We are within striking distance of the All-Time-High. The bulls want to break strongly above the all-time high, and with consecutive weekly bull bars, it looks promising. But having spent so long in a trading range, the math […]
Emini Bears Want Reversal Down to Disappoint Bulls
Trading Update: Friday January 13, 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 Strong Follow Through
Trading Update: Thursday January 12, 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 Brad 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 […]
Emini Bulls Measuring Gap and Measured Move up Wanted
Trading Update: Wednesday January 11, 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 Brad 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 Second Leg Trap Follow-through Wanted
Trading Update: Tuesday January 10, 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 (Delayed: Chart will be posted Mid-Afternoon on Jan 11th) Brad created the SP500 Emini charts. Here are several reasonable stop entry setups from yesterday. I show each […]
Emini Bulls Follow-through Wanted after Friday’s Strong Close
Trading Update: Monday January 9, 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 Brad 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 First Week of 2023
Market Overview: Bitcoin Futures Bitcoin futures gapped up on the open of the Bitcoin first week of 2023 and ended with a +2.18% gain. During the last report, we explained in detail how the annual and monthly charts might influence the long-term landscape for Bitcoin. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading […]
EURUSD Weak Bear Bar, Need Follow-through
Market Overview: EURUSD Forex The EURUSD Forex was a EURUSD weak bear bar on the weekly chart. The bears want this to be the start of a two-legged sideways-to-down pullback. They will need to create follow-through selling next week. The bulls want any pullback to be sideways and not deep. EURUSD Forex market The Weekly EURUSD chart […]
Crude Oil Third Leg Down?
Market Overview: Crude Oil Futures The Crude oil futures traded lower and traders are wondering if it is forming a third leg down with the first two legs being Sept 26 and Dec 9. The bulls want a reversal higher from a double bottom with the December low. Crude Oil could be forming a trending trading range […]
Emini Pullback or Second Leg Up?
Market Overview: S&P 500 Emini Futures The S&P 500 Emini futures traded slightly higher and traders are wondering if this is a pullback or second leg up to retest the December high. The bulls will need to create follow-through buying next week to increase the odds of retesting the December high. The bears want the Emini to […]
