Market Overview: Bitcoin Next Wednesday marks the close of Bitcoin’s Monthly Bar, a crucial event for market observers. January holds significance among institutions, often serving as a barometer for the year ahead. Presently, Bitcoin exhibits a large doji bar on the monthly chart, characterized by its open positioned below the midpoint. Looking ahead, traders anticipate […]
Nifty 50 Weak Pullback
Market Overview: Nifty 50 Futures Nifty 50 Weak Pullback on the weekly chart. This week, the market once again formed a weak bear bar with a tail at the bottom. However, these bear bars lack the strength to reverse the robust bull trend. Notably, this marks the first pullback on the weekly chart following the […]
FTSE 100 Strong Reversal Up From Triangle Apex
Market Overview: FTSE 100 Futures FTSE 100 futures moved higher last week with a two-bar strong reversal, closing above the 20-MA. The bulls need a good follow-through bar here to convince traders it is always in long. But the bears got 3 bars in a row, so they probably need one more bar themselves. We […]
DAX 40 High 2 Buy, Highest Close, 2nd Leg Up or Test
Market Overview: DAX 40 Futures DAX futures increased last week with a strong buy signal, a High 2 buy setup, closing above the last strong bull bar in the prior spike. The bears tried to get a strong reversal, but you can see the tail below as traders tried to scale into another move. Some […]
Nasdaq 100 New All-Time High Since Nov 2021
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a doji bar with a long tail above and a small bull body closing near its open. The market had a new all-time high since Nov 2021 but closed slightly below the Nov 2021 weekly high close. The disappointing bar could represent a […]
Emini Risk Getting Big for Bulls
Trading Update: Friday January 26, 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 Pullback Likely to Disappoint Bears
Trading Update: Thursday January 25, 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 Pullback below 4,900 Likely
Trading Update: Wednesday January 24, 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 Buyers below Yesterday’s Low
Trading Update: Tuesday January 23, 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 Upside Breakout Likely to Get Second Leg
Trading Update: Monday January 22, 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 […]
