Market Overview: Bitcoin Bitcoin continues to captivate markets, breaking out of a prolonged six-month trading range. This upward movement trades uncharted territories on the upside, leaving prior downside levels increasingly unlikely to be revisited. Historically, Bitcoin has experienced near 80% drops, suggesting that if the price reaches the $100,000 milestone—a plausible event—it may never fall […]
EURUSD Strong Bear Leg
Market Overview: EURUSD Forex The market formed a EURUSD strong bear leg testing the trading range low. The bears want a retest of the trading range low followed by a strong breakout below. The bulls see the current move as a sell vacuum and a bear leg within a trading range. They want the trading […]
Weekly Crude Oil Bear Entry Bar
Market Overview: Crude Oil Futures The market formed a weekly Crude Oil bear entry bar testing near the October 29 low. The bears must create follow-through selling to increase the odds of a retest and breakout below the triangle. The bulls want the October low or the bottom of the triangle to act as support. […]
Emini Failed Breakout
Market Overview: S&P 500 Emini Futures The bears want an Emini failed breakout following a possible buy climax (big bull bar late in a trend). They need to create a couple of consecutive bear bars closing near their lows to increase the odds of a failed breakout and a TBTL (ten bars, two legs) pullback […]
Nifty 50 Tight Bear Channel
Market Overview: Nifty 50 Futures Nifty 50 Tight Bear Channel on the weekly chart. The market this week closed strongly bearish and is currently trading within a tight bear channel, showing a bear overshoot. This marks the deepest pullback since the start of the bull trend, and its strength and depth indicate the potential for […]
Nasdaq 100 Breakout Failure of All-Time High
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear trend bar mostly reversing the big bull bar of last week. It signifies a breakout failure of all-time high. On the daily chart, the market went sideways for a few days early in the week and then had bear trend days […]
Emini October 17th High is Logical Magnet
Trading Update: Friday November 15, 2024 Emini end of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. […]
Emini Possible Final Flag
Trading Update: Thursday November 14, 2024 S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with a […]
Emini Bulls Taking Partial Profits
Trading Update: Wednesday November 13, 2024 Emini end of day video review See Rose’s YouTube channel for another End of Day review. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Richard created the SP500 Emini chart – Al travelling. Here are reasonable stop entry setups […]
Emini Bulls Losing Momentum
Trading Update: Tuesday November 12, 2024 Emini end of day video review Follow Rose’s YouTube channel for more Al Brooks price action analysis. S&P Emini 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 […]
