Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big outside up bull bar with tails at the top and bottom. The market is making a breakout attempt above June. The market continues to have closes above prior bar. This week triggered the bear reversal bar of last week and closed […]
Nasdaq 100 Second Bear Reversal Bar in as Many Weeks
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures short trading week is a small bear reversal bar with small tails above and below. This is the second bear reversal bar in as many weeks. At this point bears would like a close below the prior bar. That has not happened since early March. […]
Nasdaq 100 Best Pair of Bull Bars since July 2020
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures June monthly candlestick is a big bull trend bar with small tails and a body proportionate with the May monthly bar. This is the best pair of bull bars since July 2020 when the market broke to new highs post-pandemic. The week closed as an outside […]
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 […]
Nasdaq 100 Close above March 2022 Swing High
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures gapped up above last week and ended the week as a big bull trend bar with a tail at the top. The market went above and closed above the March 2022 swing high. On the monthly chart, the market is in a bull spike phase. […]
Nasdaq 100 Doji Pause Bar
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear doji pause bar closing just below last week’s close. This week was a pause bar after the strong bull bars over the past few weeks. NASDAQ 100 Emini futures The Weekly NASDAQ chart The Daily NASDAQ chart Market analysis reports archive […]
Nasdaq Breakout above August 2022 Swing High
Market Overview: NASDAQ 100 Emini Futures NASDAQ Emini futures May monthly candlestick is a big bull trend bar with small tails, and breakout above August 2022 swing high and March high. At this point, the bar is also far above the monthly exponential moving average (EMA). This week closed as a non-climactic bull trend bar after […]
Nasdaq Breakout and Follow Through above August 2022 Swing High
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull trend bar closing on its high far above last week’s high and the August 2022 high – a Nasdaq breakout and follow through. The tail at the bottom of the week tested the breakout point above August 2022. By having a […]
Nasdaq 100 Breakout Attempt above August 2022
Market Overview: NASDAQ 100 Emini Futures NASDAQ 100 breakout attempt above August 2022 high, and the trading range of past 8 weeks. The question is: Is this a new breakout or a climax bar? Bulls will need a follow-through bar next week to increase the odds this is a breakout. So far the monthly bar […]
Nasdaq 100 Bull Leg in Trading Range
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures ended the the week as a Nasdaq 100 bull leg with a doji bull bar and long tail above, closing just above last week’s high. The price action for the past few weeks looks like an expanding triangle – a new high, followed by a […]