Market Overview: FTSE 100 Futures The FTSE futures market paused last week at a FTSE 100 measured move target, and we are still always in long. Although sideways on the weekly, the daily chart is a small pullback bull trend, nearly parabolic. The higher we get, the more bears will get short, but currently, no stop-entry […]
FTSE 100 Outside Bar at Measured Move Target
Market Overview: FTSE 100 Futures The FTSE futures market reversed up last week at the trading range lows as an FTSE 100 outside bar so it’s in breakout mode. The bulls want a High 2 buy setup low in the trading range for a swing up. But after such strong bear bars, the odds favor a […]
Emini possible measured move up and test of April 18 low
Trading Update: Wednesday June 1, 2022 Emini pre-open market analysis Emini daily chart The three consecutive bull breakout bars are strong enough for a second leg up and possible measured move up that would project to around the April 18 low. Bears hope that the three consecutive bull bars are a 2nd leg trap that […]
Emini measured move target of 4,404 drawing near
Trading Update: Wednesday July 14, 2021 Emini pre-open market analysis Emini daily chart Another day, another new high, and Emini measured move 4,404 closer. Strong rally since since June 18, but yesterday reversed down from a new high. Yesterday is a sell signal bar for a failed new high, but after 3 bull bars closing […]
