The EURUSD Forex traded sideways to down for the week. However, the weekly candlestick has a prominent tail below. The bears want a strong break below the March 4 low followed by a test of the March 2020 low. Bulls want a reversal higher from a double bottom with March 4 low and a lower low major trend reversal. The bulls will need to create strong consecutive strong bull bars to convince traders that a reversal higher could be underway. Odds slightly favor at least a small second leg sideways to down after a slightly larger pullback.
S&P 500 Emini futures consecutive bear bars
The S&P 500 Emini futures had a consecutive bear bar on the weekly chart. The bears are hoping to get the 3rd consecutive bear bar trading far below March 3 high. If they get that, the odds of a test of the February low increases. The bulls see this as a 50% pullback and want a 2nd leg sideways to up to re-test March 29 high.
NASDAQ consecutive bear close below weekly EMA
Market Overview: NASDAQ 100 Emini Futures Nasdaq consecutive bear close on its low and below weekly EMA. It is a good follow-through bar to last week’s big bear bar. The week gapped down and had strong selling pressure – 3 of the 4 trading days in the week had good bear bodies. The bulls had a […]
Nifty 50 futures positive gap acting like magnet
Market Overview: Nifty 50 Futures The Nifty 50 futures positive gap acting like magnet with market still being in an expanding triangle, but started with a new bear channel in the daily charts, finally market gave a breakdown of a wedge. Nifty 50 futures The Weekly Nifty 50 chart General Discussion Increasing bearishness near the […]
DAX futures moved lower with successful Low 1
Market Overview: DAX 40 Futures DAX futures moved lower last week with a successful Low 1 at moving average last week, now with 2 consecutive bear bars with tails below. We are always in short. Bulls are looking to scale in for a double bottom at the March low for a long-term trend resumption up. […]
FTSE 100 futures traded sideways to down
Market Overview: FTSE 100 Futures The FTSE futures market traded sideways to down last week as traders mulled over a new push to the new all time highs. Bears don’t want to sell 5 consecutive bull bars but we are also at the top of two trading ranges which is a tough buy so bulls are exiting. […]
A insensatez de se operar com fundamentos
Então, afinal quem usa fundamentos como informação quando opera? Ela só tem utilidade para investidores, que seguram posições por meses. Embora constantemente se escute traders na TV mencionando fundamentos enquanto estão fazendo operações que durarão apenas alguns dias, eles erroneamente acreditam que os fundamentos aumentam a sua lucratividade. Fundamentos não ajudam traders a ganhar dinheiro, […]
Emini bulls want strong entry bar today
Trading Update: Thursday April 14, 2022 Emini pre-open market analysis Emini daily chart The bulls got a strong bull close today and now have a second entry buy. The channel down from March 29 is tight, which increases the odds that the first reversal up will be minor. The bulls hope they can get a […]
Emini bulls trying to form wedge bull flag
Trading Update: Wednesday April 13, 2022 Emini pre-open market analysis Emini daily chart Emini bulls trying to form wedge bull flag with bears having bear close under the March 3 breakout point, confirming the gap closing. The bears now have two consecutive bear bars, both closing below their midpoints, so it is possible the bear […]
Price action é baseado em genética
Gráficos são os mesmos hoje ou a 100 anos atrás Agora que o domínio dos computadores no trade e nos mercados é internacional, um tópico comum é se o comportamento dos mercados se modificou. O movimento nos gráficos é chamado de Price Action, e é um reflexo do comportamento humano. Como qualquer comportamento, ele se […]
