Trading Update: Monday March 20, 2023 Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today 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 entry with a red […]
Bitcoin Huge Bull Breakout Surprise Bar
Market Overview: Bitcoin Futures Bitcoin huge bull breakout surprise bar. This week, the price increased by +34.07% of its value. It is the biggest increment in a week since the first weekly candlestick of 2021: After that candle, the price ended up rallying +61.64%. What is different this time? At the left of the surprise bar, […]
FTSE 100 Bull Breakout and Follow Through, ATH
Market Overview: FTSE 100 Futures The FTSE futures market moved higher last month with bull breakout and follow through. Although this month had a tail on top, the probability is still always in long. Because of the sideways action and the lack of high-probability stop-entries, many limit-order traders will be betting on more sideways. If you […]
FTSE 100 Big Bull Breakout above All-Time High
Market Overview: FTSE 100 Futures The FTSE futures market was a FTSE 100 big bull breakout above the all-time high. The bears have been unable to make money in this tight channel. The bears that sold the double top at the high of the trading range are now trapped and might force the price higher. The […]
FTSE Big Bull Breakout Closing at All-Time High
Market Overview: FTSE 100 Futures The FTSE futures market increased last month, closing at an all-time high with a FTSE big bull breakout. Bulls need another bull bar for consecutive bull bars and breakout and follow-through, but the tail on January’s bar might reduce the number of bulls willing to hold long there. Bears need a […]
Emini Strong Bull Breakout after FOMC Report
Trading Update: Thursday February 2, 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 testing 20-week EMA
Market Overview: Bitcoin Futures Bitcoin futures are testing the 20-week exponential moving average (testing 20-week EMA). During the week, the Bitcoin price increased +15.71% of its value. After 8 weeks of extremely low volatility, traders wonder if this is the start of a large move. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading […]
FTSE 100 Breakout above COVID Trading Range
Market Overview: FTSE 100 Futures The FTSE futures market had a big bull breakout above COVID trading range. We are within striking distance of the All-Time-High. The bulls want to break strongly above the all-time high, and with consecutive weekly bull bars, it looks promising. But having spent so long in a trading range, the math […]
DAX 40 Breakout of Bull Flag
Market Overview: DAX 40 Futures DAX 40 breakout of bull flag with market moving higher last week. Consecutive bull bars closing near their highs. The bulls have needed to break above the wedge bottom and get closer to their swing target above 15000, which they did last week. The bears have been selling from January […]
FTSE 100 Big Bull Breakout Testing Pre-Pandemic High
Market Overview: FTSE 100 Futures The FTSE futures market was a big bull breakout testing the pre-pandemic high. The bulls want this to be a bull flag of the post-pandemic bull run. But with several breakout attempts, traders wonder if this has increased or decreased probability. The bulls have measured move targets above. With such strong […]
