Market Overview: FTSE 100 Futures The FTSE futures market was a FTSE 100 bear inside bar and micro double top. It was a pause at 2 measured move targets and a possible double top. But the bull leg is very strong, and with so much urgency, bulls could not even buy below bars. It is likely […]
FTSE 100 Buy Climax at Trading Range Highs
Market Overview: FTSE 100 Futures The FTSE futures market was a possible FTSE 100 buy climax at the trading range highs. We have gone sideways at this price for several years, so we are unlikely to go much higher without coming back down. Traders will be doing the opposite – selling good bull bars and buying […]
FTSE 100 Failed Wedge Top, Always In Long
Market Overview: FTSE 100 Futures The FTSE futures market moved higher with a FTSE 100 failed wedge top and we are still always in long. The bulls have measured move targets just above and want to reach them. They also have some trapped traders from before that might need to get out. The bears shorted the […]
FTSE 100 Follow-Through Buying
Market Overview: FTSE 100 Futures The FTSE futures market had follow-through buying after a bear doji. The bears had a chance to sell strongly but could not prevent a second leg sideways to up. Even with a possible micro wedge, it is not a high probability trade to sell here. The bulls want a push to […]
FTSE 100 Measured Move Target, Always in Long
Market Overview: FTSE 100 Futures The FTSE futures market paused last week at a FTSE 100 measured move target, and we are still always in long. Although sideways on the weekly, the daily chart is a small pullback bull trend, nearly parabolic. The higher we get, the more bears will get short, but currently, no stop-entry […]
FTSE 100 Strong Second Entry Buy
Market Overview: FTSE 100 Futures The FTSE futures market increased last month, setting up a strong second entry buy. The bulls found support at the moving averages (MA.) The bulls see 2 legs sideways to down before trend resumption and a good buy signal. The bears see consecutive bear bars and a second entry short, so […]
FTSE 100 Bear Channel Closing below Big Round Number
Market Overview: FTSE 100 Futures The FTSE futures market moved sideways to down last week in a FTSE 100 bear channel with another bear bar. Limit bulls bought below the outside bar and the strong reversal on Friday will scare some bears off selling too low again. We are always in short so high probability we […]
FTSE 100 Outside Bar at Measured Move Target
Market Overview: FTSE 100 Futures The FTSE futures market reversed up last week at the trading range lows as an FTSE 100 outside bar so it’s in breakout mode. The bulls want a High 2 buy setup low in the trading range for a swing up. But after such strong bear bars, the odds favor a […]
FTSE 100 Big Bear Bar Pause at 100-Month MA
Market Overview: FTSE 100 Futures The FTSE futures market continued down last month with a big bear bar pause as traders expected after an August strong sell signal. The bulls want a moving average gap bar buy setup and the bears want another leg down. It’s a longer-term trendline break, so some traders will expect a […]
FTSE 100 Trendline Break, Low in Trading Range
Market Overview: FTSE 100 Futures The FTSE futures market moved down strongly with a bear bar closing near its low on the weekly chart. It is a long-term FTSE 100 trendline break and could signal a larger move down in the medium term. Bulls have been buying here for over 12 months and making money so […]