Trading Update: Friday June 14, 2024 S&P Emini pre-open 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 […]
Trading Update: Thursday June 13, 2024
Apologies for missing pre-market report today. Internet connection down for several hours. Below are Al’s charts for End of Day summary and yesterday’s setups. Summary of today’s S&P Emini price action 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 […]
Emini Testing 5,400
Trading Update: Wednesday June 12, 2024 S&P Emini pre-open 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 […]
Emini Tight Trading Range, Breakout Mode
Trading Update: Tuesday June 11, 2024 S&P Emini pre-open 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 […]
Emini Disappointing Follow-through
Trading Update: Monday June 3, 2024 S&P Emini pre-open 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 […]
Weekly Emini Higher High MTR
Market Overview: S&P 500 Emini Futures The market formed a weekly Emini higher high MTR (major trend reversal) pattern. The bulls need to create a follow-through bull bar to confirm the breakout above the all-time high, even if it is only a bull doji. The bears need to create a few strong bear bars to increase the […]
Weekly EURUSD Double Top Bear Flag
Market Overview: EURUSD Forex The market formed a weekly EURUSD double top bear flag (Apr 9 and May 16). The bears want a reversal from a double top bear flag and a small double top (May 16 and Jun 4). If there is a deeper pullback, the bulls want a reversal from a higher low major trend […]
Bitcoin breakout mode pattern on the daily chart
Market Overview: Bitcoin Bitcoin price action is at a crossroads, with both weekly and daily charts revealing intriguing patterns that hint at potential volatility ahead. The weekly chart showcases a market in a period of consolidation, following a strong bullish trend. A bull flag pattern has emerged, suggesting a potential continuation of the uptrend. However, […]
Nasdaq 100 New All-Time High Close above May 27 High
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull trend bar with a prominent tail above and below. The market had a new all-time high close above May 27 high. Also, the bull body gap with the March high close is still open. On the daily chart, Wednesday was a […]
FTSE 100 ATH, Bull Channel, Sideways Expected
Market Overview: FTSE 100 Futures FTSE 100 futures moved higher last month in a bull channel, but the bar had a big tail. Who is selling? Bulls are taking profits after a strong breakout. Bears want to close the breakout gap, and bulls want a pullback to buy again. We have been in a trading […]
