0Facebook 1Twitter 0LinkedIn WeiboFollowTotal1Market Overview: Weekend Market Analysis The SP500 Emini futures reversed up this week on the daily chart from a wedge bull flag reversal and a test of the September 16 top of a month-long trading range. It could rally for a couple weeks, but traders think it will probably reverse down again […]
Emini resuming up after breakout test of September trading range high
0Facebook 0Twitter 1LinkedIn WeiboFollowTotal1Market Overview: Weekend Market Analysis The Emini has a micro double top sell signal on the daily chart. It might dip below the October 6 trading range high. Whether or not it reverses up to the September all-time high, the odds still favor a selloff from around that high. Bond futures have […]
Emini confirmed breakout above September trading range
0Facebook 0Twitter 1LinkedIn WeiboFollowTotal1Market Overview: Weekend Market Analysis The SP500 Emini futures market broke above the September trading range this week. It might gap up on Monday. There is now a 60% chance that this rally will test the September 2 all-time high. The Bond futures weekly chart has been in a trading range for […]
Emini futures wedge rally and double top with September high
0Facebook 3Twitter 1LinkedIn WeiboFollowTotal4Market Overview: Weekend Market Analysis The SP500 Emini futures daily chart reversed up from a small wedge bottom 7 days ago. However, September was an outside down bar on the monthly chart. That increases the chance of sideways to down trading in October. Traders believe that the Emini might go a little […]
Emini outside down sell signal bar in September
0Facebook 0Twitter 1LinkedIn WeiboFollowTotal1Market Overview: Weekend Market Analysis The SP500 Emini futures market reversed up from a small wedge bottom this week and it should be sideways to up through the end of the month on Wednesday. After September became an Emini outside down month in a strong bull trend, traders expect September to close […]
Emini could form outside down candlestick in September
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Market Overview: Weekend Market Analysis The SP500 Emini futures formed an outside down candlestick week and September might become an outside down month. Traders will sell rallies, expecting the selloff to reach 3,000 – 3,200. Bond futures are in the middle of a 6 month tight trading range. Traders are looking for […]
Emini September selloff testing 50-day MA
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Market Overview: Weekend Market Analysis The S&P500 Emini futures tested the 50-day moving average today. It should try to bounce early next week, but traders should still expect the selloff to eventually reach 3000 – 3200. Bond futures are in the middle of a 6 month trading range. Traders are looking for […]
SP500 Emini sharp selloff, Bonds reversal and EURUSD at resistance
5Facebook 5Twitter 0LinkedIn WeiboFollowTotal10Market Overview: Weekend Market Analysis The SP500 Emini futures sold off sharply for 2 days but bounced on Friday. The bounce might continue to above 3500, but traders expect a 2nd leg down to around 3200. Bond futures are turning down from a double top bear flag on the daily chart, but […]
Emini strong August buy climax makes September 10% pullback likely
4Facebook 0Twitter 0LinkedIn WeiboFollowTotal4Market Overview: Weekend Market Update The S&P500 Emini futures is in a strong bull trend and it should trade higher next week. It might even accelerate up next week. Since the buy climax is extreme, there is a 50% chance of a 10 – 20% pullback starting in September. However, traders will […]
Emini futures might gap up to new high on weekly chart, but daily chart bull streak is buy climax
9Facebook 1Twitter 1LinkedIn WeiboFollowTotal11Market Overview: Weekend Market Analysis The S&P500 Emini futures market might gap to a new all-time high on the weekly chart next week. But the streak of 9 consecutive bull bars on the daily chart that ended 2 weeks ago should lead to a pullback to 3200 starting within a couple weeks. […]
