Trading Update: Thursday February 16, 2023 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 Tim created the SP500 Emini chart from Al’s provided summary & setups Here are several reasonable stop entry setups from yesterday. I show each buy entry with […]
Emini Sideways Most Likely
Trading Update: Wednesday February 15, 2023 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 Tim created the SP500 Emini chart from Al’s provided summary Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green […]
Emini Bulls Strong Follow-through Wanted and for Bears to Give Up
Trading Update: Tuesday February 14, 2023 Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Tim created the SP500 Emini chart from Al’s provided summary Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell […]
Emini Bears Want Second Leg Down to January 30 Low
Trading Update: Monday February 13, 2023 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 Tim created the SP500 Emini chart from Al’s provided summary Here are several reasonable stop entry setups from Friday. I show each buy entry with a green […]
Emini Bear Doji Pullback
Market Overview: S&P 500 Emini Futures The S&P 500 Emini futures was a bear doji pullback on the weekly chart. The bulls have an 8-bar bull micro channel which may be broken soon. However, the first breakout below such a strong micro channel often is minor. The bears want a reversal lower from a higher […]
Crude Oil 12-Week Trading Range
Market Overview: Crude Oil Futures The Crude oil futures is in a 12-week trading range on the weekly chart. Poor follow-through and reversals are more likely within a trading range. Traders will BLSH (Buy Low, Sell High) until there is a breakout from either direction. Markets have inertia and tend to continue to do what […]
EURUSD Consecutive Bear Bar
Market Overview: EURUSD Forex EURUSD consecutive bear bar on the weekly chart. It is the start of the pullback. The first targets for the bears are the 20-week exponential moving average and the January 6 low. The bulls want any pullback to be sideways and not deep. They want weak bear bars with long tails […]
Bitcoin Breakout Test of 20-week EMA
Market Overview: Bitcoin Futures Bitcoin breakout test of the 20-week EMA after a bull breakout. During the past week, the price decreased -7.28% of its value. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis Trading Market analysis reports archive You can access all weekend reports on the […]
DAX 40 Bull Micro Channel Possible Wedge Top
Market Overview: DAX 40 Futures DAX futures was a bull micro channel and a possible wedge top. It is a low probability sell signal, taking a chance that it is a wedge and failed breakout above a double top. But most traders expect higher prices, so bulls will scale in lower, knowing it is unlikely […]
Nasdaq 100 Pause in Bull Micro Channel at Monthly EMA
Market Overview: NASDAQ 100 Emini Futures NASDAQ 100 pause on weekly Nasdaq 100 Emini futures chart at the monthly exponential moving average (EMA) after 4 weeks of bull bars. This week was an opportunity for the bulls to break strongly above the monthly EMA, although given the strong move up for the last two weeks, […]
