Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull trend bar with a prominent tail above. The market had a close above the March high close and a new all-time high close. On the daily chart, this week could have been the third leg of the spike up in early […]
Emini Minor Reversal Likely
Trading Update: Friday May 17, 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 Closing above March All Time High
Trading Update: Thursday May 16, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini Intra-Day Update 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 […]
Emini at the 5,300 Round Number
Trading Update: Wednesday May 15, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini Intra-Day Update 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 […]
Emini Buyers at May 8th Buy Signal bar
Trading Update: Tuesday May 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 […]
Emini 5,300 Round Number Is Near
Trading Update: Monday May 13, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini Intra-Day Update 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 […]
Emini Retest of the March High
Market Overview: S&P 500 Emini Futures The weekly chart is forming an Emini retest of the March high. The bulls want a strong retest of the March 21 high followed by a strong breakout above, starting the larger bull channel phase. The bears want at least a small second leg sideways to down after the current pullback, even if it forms […]
The Bears Need a Crude Oil Breakout
Market Overview: Crude Oil Futures The bears need a Crude Oil breakout below the bull trend line to increase the odds of the bear leg beginning. The bulls want a retest of the April 12 high after the current pullback, even if it forms a lower high. They want the 20-week EMA or the bull trend line to […]
EURUSD Middle of the Trading Range
Market Overview: EURUSD Forex The market is currently trading around the EURUSD middle of the trading range which can be an area of balance. The bears want the 20-week EMA to act as resistance followed by at least a small retest of the April 16 low. The bulls need to create consecutive bull bars closing […]
Bitcoin bull reversal from 20-week EMA is failing
Market Overview: Bitcoin On the weekly chart of Bitcoin, a failed bullish reversal confirms the persistence of the limit order market, highlighting the need for patience and strategic decision-making. Meanwhile, the daily chart paints a picture of a potential turning point, as bulls defend critical support levels and bears test their resolve. Will a decisive […]
