Market Overview: EURUSD Forex The EURUSD Forex February monthly candlestick was a EURUSD bear reversal bar. The bears want this to be the start of the deeper pullback. Odds slightly favor the 6-bar bull micro channel streak to end soon. The bulls want any pullback to be shallow and sideways. If they get that, the […]
Emini Bull Reversal and Test of January 30 Low
Trading Update: Monday February 27, 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 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 sell […]
Bitcoin Reversal Patterns at Resistances
Market Overview: Bitcoin Futures Bitcoin reversal patterns at resistances. This week, the price decreased by -6.13% of its value. The upcoming week is the monthly close, so far, February is a doji bar. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis Trading Market analysis reports archive You […]
Emini Bears Want Strong Reversal Bar Today
Trading Update: Wednesday January 25, 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 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 […]
Bitcoin Bull Reversal from Final Flag
Market Overview: Bitcoin Futures Bitcoin futures are reversing up from a final flag pattern, a Bitcoin bull reversal. During the week, the price increased +14.53% of its value. The current rally is the biggest one since 2021. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis Trading […]
Emini First Reversal Down Likely to Fail
Trading Update: Wednesday January 18, 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 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 […]
Emini Bears Want Reversal Down to Disappoint Bulls
Trading Update: Friday January 13, 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 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 […]
EURUSD Weak Reversal Bar, Wedge Top
Market Overview: EURUSD Forex The EURUSD Forex market formed a EURUSD weak reversal bar as the weekly candlestick has a long tail above but a bull body. Bears want a pullback from the wedge top. They will need to create follow-through selling to increase the odds of a pullback. Bulls want the pullback to form a higher […]
Nasdaq 100 Monthly Bull Reversal Bar from below June Low
Market Overview: NASDAQ 100 Emini Futures NASDAQ Emini futures October monthly bull reversal bar from below the June low, with a tail at the top and bottom. Since this month is a bull bar, it signifies a failed breakout below last month’s low. At the same time, the market went far below last month’s low that […]
Bitcoin Reversal from New Low
Market Overview: Bitcoin Futures Bitcoin reversal from new low this week. It remains slightly below crucial resistances after reaching new fresh lows of the major bear trend, by trading sideways to down. Bitcoin futures The Weekly chart of Bitcoin futures This week’s Bitcoin candlestick is a small bear doji, closing near its midpoint. During the […]