Market Overview: FTSE 100 Futures The FTSE futures market moved down last week with a FTSE 100 big bear breakout of an inside bar. We are at a 50% pullback of the prior bull leg sitting on the moving average (MA) and at the prior high of the 18-month trading range. We might need to go […]
DAX 40 Inside Bar, Weak Bear Close in Expanding Triangle
Market Overview: DAX 40 Futures DAX futures moved sideways last week, with a DAX 40 inside bar closing above its midpoint. The bull trend has been strong, and without bears closing consecutive bear bars, it’s hard for bears to swing short. There are open gaps below, and it looks like the bulls will get to […]
EURUSD Inside Doji Bar, Tight Bull Channel
Market Overview: EURUSD Forex EURUSD inside doji bar and tight bull channel formed on weekly chart which means strong bulls. The bulls want a strong breakout above the February 2 high and another strong leg up. If there is a pullback, odds slightly favor buyers below the first pullback from such a strong bull micro channel. […]
Emini Might Form Inside Day Today
Trading Update: Wednesday April 5, 2023 S&P 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 […]
Nifty 50 Inside Bar on Monthly Chart
Market Overview: Nifty 50 Futures Nifty 50 inside bar on monthly chart. The market on the monthly chart created a small bull bar that closed near its high; since the low and high of this bar are both within the range of the previous bar, it is an inside bar. As the bull leg that ended on […]
Nifty 50 Bull Inside Bar
Market Overview: Nifty 50 Futures Nifty 50 bull inside bar on the weekly chart, with market forming a small bull bar this week indicating that there would be a trading range in the shorter time frame. The market is currently trading close to the big round number 18000 from the previous few weeks. On the […]
Crude Oil Bear Inside Bar
Market Overview: Crude Oil Futures The Crude oil futures weekly candlestick was a Crude Oil bear inside bar sitting under the 10-week trading range high, 20-week exponential moving average and the bear trend line. Bulls need to break far above these resistances to increase the odds of higher prices. The bears want a retest and breakout below […]
Nifty 50 Inside Bar Pattern
Market Overview: Nifty 50 Futures Nifty 50 inside bar pattern on the weekly chart and still trading near the bottom of the bull channel. Bulls and bears can expect some sideways price action for the next few bars. Nifty 50 is trading inside a bear channel on the weekly chart and can fall to a […]
Emini Bulls Want Inside Bar Closing on High
Trading Update: Wednesday January 4, 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 Brad 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 […]
Crude Oil Inside Bull Bar, No Follow-through Selling
Market Overview: Crude Oil Futures The Crude oil futures was a Crude Oil inside bull bar on the weekly chart. The bears did not get follow-through selling this week. They hope the inside bull doji is a pullback and want another leg lower. The bulls want a breakout above the inside bull doji. They want a failed […]
