Trading Update: Friday August 23, 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 Likely to Fall below Yesterday’s Low
Trading Update: Thursday August 22, 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 Increased Risk of Outside Down Day
Trading Update: Wednesday August 21, 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 Disappointment likely for Bulls
Trading Update: Tuesday August 20, 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 Bull Microchannel Likely to End Today
Trading Update: Monday August 19, 2024 S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Friday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Friday. I show each buy entry bar with a green arrow and each sell entry bar with a […]
Strong Emini Consecutive Bull Bars
Market Overview: S&P 500 Emini Futures The weekly chart formed a strong Emini consecutive bull bars closing near their highs. The bulls want a retest of the all-time high and a resumption of the broad bull channel. The bears want a reversal from a lower high major trend reversal or a double top bear flag […]
Weekly Crude Oil Lower High
Market Overview: Crude Oil Futures The market formed a weekly Crude Oil lower high. The bears must create a strong entry bar to increase the odds of retesting the August 5 low and the triangle bottom. The bulls hope that this week was simply a pullback and want at last a small retest of the […]
Weekly EURUSD Breakout
Market Overview: EURUSD Forex The market formed a weekly EURUSD breakout above the triangle. The bulls need to create more follow-through bull bars following this week’s breakout to increase the odds of testing the July 18, 2023, high. The bears want a reversal from a large wedge bear flag (Mar 8, Jun 4, and Aug […]
Bitcoin inside bar after reversal up from wedge bull flag at $50000
Market Overview: Bitcoin Bitcoin reflects a period of sideways trading that following a significant move, as the market navigates through a tight range after last week’s $10,000 weekly candlestick. This sideways movement is typical after such a large price move, as the market takes time to digest the increased risk. The weekly chart suggests the […]
Nasdaq 100 Strong Entry Bar to Weak Buy Signal Bar of 8-9
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull trend bar with the exponential moving average (EMA) around its midpoint. It is a strong entry bar to weak buy signal bar of 8-9. Note – This should say week of 8-5 and is referring to the prior week. On the […]
