Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market resumed the second leg of pullback by going above last week’s high and closing below last week’s low – an outside down bar. As was mentioned in last week’s report, sellers were expected above last week’s high, and they came in at the weekly […]
Nasdaq 100 Pause in Pullback
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures had a pause in pullback this week after two weeks of pullback. The market had a strong move up from June, so there should be a second leg up after this pullback. At the same time, the pullback since August is strong enough that it […]
Nasdaq 100 Low 1 Sell Signal below EMA
Market Overview: NASDAQ 100 Emini Futures NASDAQ Emini futures monthly candlestick is bear bar closing on its low with a tail on top. It is a NASDAQ 100 low 1 sell signal bar below the exponential moving average (EMA). Last month’s report had made a case for the market to go at least slightly higher […]
Nasdaq 100 below All EMAs
Market Overview: NASDAQ 100 Emini Futures NASDAQ 100 below all EMAs, pulling back this week for the first time in the last ten weeks. A pullback was expected, although the bears have created consecutive good bear bars closing on their lows. The market is also back below the daily, weekly, and monthly exponential moving average […]
Nasdaq 100 monthly EMA may act as resistance?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market has had consecutive bull trend bar closes above the weekly exponential moving average (EMA) for the first time this year. Bulls reached target of monthly EMA which may now act as resistance. Every day this week was a bull day, although with enough trading […]
Nasdaq 100 double bottom with May
Market Overview: NASDAQ 100 Emini Futures NASDAQ Emini futures July monthly candlestick is a big bull trend 2-bar reversal reversing June’s bear bar. The month closed above last month’s high, also the most recent sell climax. A NASDAQ 100 double bottom with May. Last month’s report had made a case for July month to be a […]
Nasdaq 100 bull breakout attempt
Market Overview: NASDAQ 100 Emini Futures NASDAQ 100 bull breakout attempt above the tight trading range (TTR) that has been going on for the last 4 weeks. The week closed with a bull body, but a big tail at the top and bottom. We have been saying for a couple of weeks now that prices […]
Nasdaq 100 tight trading range
Market Overview: NASDAQ 100 Emini Futures NASDAQ 100 tight trading range (TTR) for the last 4 weeks. Last week’s report had made a case for price going higher in the next few weeks, and for the market to go to the weekly exponential moving average (EMA). This is still valid. NASDAQ 100 Emini futures The […]
Nasdaq 3 consecutive bull closes above EMA on daily
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures is at the high of the last two weeks. So, the question is – does the market go higher or reverse? Every day of this short week was a bull bar. The market is also back above the daily exponential moving average (EMA), and 3 […]
Nasdaq monthly bear trend bar after doji bar
Market Overview: NASDAQ 100 Emini Futures NASDAQ Emini futures June monthly bear trend bar with a small tail at the bottom. The bulls had a fairly big tail below on the monthly bar going into the last week of June. They also had a close above the midpoint. However, the bears sold early in the week […]