Trading Update: Wednesday June 28, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market update Yesterday’s Emini setups Al created the SP500 Emini charts. Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each […]
Emini Climactic Expect Rally Testing 4,400
Trading Update: Tuesday June 27, 2023 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 several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell entry with a […]
Emini Likely to Rally after Test of June 14 Low
Trading Update: Monday June 26, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market update Friday’s Emini setups Al created the SP500 Emini charts. Here are several reasonable stop entry setups from Friday. I show each buy entry with a green rectangle and each […]
EURUSD Pullback or LH MTR?
Market Overview: EURUSD Forex The EURUSD pullback on the weekly chart following last week’s close above the 20-week exponential moving average. The bulls did not get a follow-through buying. They hope that this week is simply a pullback and want another leg higher after the pullback. The bears want a reversal down from a lower […]
Bitcoin Big Weekly Bull Signal and Fresh 2023 High
Market Overview: Bitcoin Futures Bitcoin Futures big weekly bull signal and fresh 2023 high. During the week, Bitcoin increased its value by 17.98%. This move it is a serious attempt for continuing the 2023’s bull trend. Furthermore, the sideways trading inertia occurred during the past couple of months is over, and traders will probably be […]
Emini Minor Pullback
Market Overview: S&P 500 Emini Futures The S&P 500 Emini futures formed a minor pullback on the weekly chart following the trend channel line overshoot. The bulls want at least a small second leg sideways to up retesting the current leg extreme (June 16) after the current pullback. The bears want a failed breakout above […]
Crude Oil Tight Trading Range
Market Overview: Crude Oil Futures The Crude oil futures formed a 7-week tight trading range. The bulls did not get sustained follow-through buying this week and the weekly candlestick reversed into a bear bar. The bears will need to create follow-through selling next week to increase the odds of retesting the May 4 low. Crude […]
FTSE 100 Big Bear Surprise, Leg 3 in Trending TR
Market Overview: FTSE 100 Futures The FTSE futures market moved lower last week with a bear surprise bar, and bears will want follow-through selling. The bulls see many legs and a higher-low with March. Traders have been buying the 100-week MA, so there is a natural long there. The bears will try and trap bulls there. […]
DAX 40 DT at MM Target or Big Bull BO and PB?
Market Overview: DAX 40 Futures DAX futures moved lower last week with a two-bar reversal. After hitting a MM target, we expected profit-taking. Bears will want follow-through selling, although they have struggled on this timeframe to get it. The bulls will likely buy lower, looking to scale back into longs if the bears get a […]
Nasdaq 100 Bear Reversal inside bar
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear reversal inside bar with small tails above and below. The market has been in a bull microchannel for the past 7 weeks – i.e., the low of each week has been higher than the low of the prior week. Next week […]
