Trading Update: Thursday April 4, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Richard created the SP500 Emini charts (Al travelling). Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry […]
Emini Closed March 8th Breakout Point
Trading Update: Wednesday April 3, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Richard created the SP500 Emini charts (Al travelling). Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry […]
Emini Testing below March 8th Breakout Point
Trading Update: Tuesday April 2, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Richard created the SP500 Emini charts. Al travelling. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry […]
Emini Daily Chart Likely to Test Moving Average Soon
Trading Update: Monday April 1, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Thursday’s Emini setups (before holiday break) Al created the SP500 Emini charts. Here are reasonable stop entry setups from last Thursday, before US market holiday Friday. I show each buy entry bar with […]
Bitcoin Q1 2024 rise: from a bear market to an all-time high
Market Overview: Bitcoin Bitcoin experienced a significant surge in February, demonstrating a strong bullish breakout on the monthly chart. However, this price movement remained within a previously established range. March brought even more excitement, with Bitcoin reaching a new all-time high of $73,835. The month’s candlestick looks set to close above 2021’s peak. While this […]
EURUSD Consecutive Doji
Market Overview: EURUSD Forex The monthly chart formed a EURUSD consecutive doji in the middle of the trading range. The market is in an area of balance. The bulls want the 20-month EMA or the bull trend line to act as support. The bears hope that March was simply a pullback which formed a lower […]
Crude Oil Bull Leg
Market Overview: Crude Oil Futures The weekly chart is in a persistent bull channel which could be the start of the Crude Oil bull leg to retest the trading range high. The bears will need to create sustained follow-through selling closing below the 20-week EMA but they have not yet been able to do so. […]
Emini 6-Bar Bull Micro Channel
Market Overview: S&P 500 Emini Futures The monthly chart formed an Emini 6-bar bull micro channel which means strong bulls. Odds slightly favor buyers below the first pullback. The bears want a failed breakout above the all-time high and a reversal from a higher high major trend reversal. While a minor pullback can come at […]
Nasdaq 100 Close Above the February Month High
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures March monthly candlestick is a bull doji bar with tails. It is a new all-time high close, with a close above the February month high. The week is a small bear inside bar. Bulls had a chance to breakout or produce a non-climactic bull bar but […]
DAX 40 Breakout and FT, Near 19000, Bull Bars Closing on Highs
Market Overview: DAX 40 Futures DAX futures went higher last month with a big bull breakout and follow-through near 19000. We went past 18000 and one MM target and I think we will pullback before hitting the next one. The pain trade for bears would be to keep racing up. But it wasn’t a very […]