Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull doji bar with a long tail above. It is a pause bar in bear leg down since July 31. The market also went above the high of the prior week and then sold off. The August monthly bar is a bear […]
Nasdaq 100 Bull Body Gap with March 2022 Closed
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a non-climactic bear bar with tails. The bull body gap with March 2022 closed this week. This is also the third consecutive bear bar, the first time since early December. Given the three bear bars, this will likely be a multi-legged pullback. The […]
Nasdaq 100 First Pair of Strong Bear Bars since December
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear bar with small tails. This is the first pair of strong bear bars since December 2022. Bears needed a follow-through bar to the outside down (OD) bar last week, and they got it this week. The August monthly bar low has […]
Nasdaq 100 Follow-through to May and June Bull Bars
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures July monthly candlestick is a small bull trend bar with small tails. This month represents follow-through to May and June bull bars. The week closed as an outside down bear bar. This is the first weekly close below the prior bar since early March. Now the […]
Nasdaq 100 Another Close above Prior Bar Low
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a non-climactic bull bar with small tails. Bears needed this week to close below last week’s low, but this is yet another close above prior bar low. The market triggered the sell signal bar of last week and closed as a High 1 […]
Nasdaq 100 Failed Breakout above June?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear reversal sell signal bar with a tail above, representing a failed breakout above June. Last week, the market was attempting a breakout above the June high with the big outside up bar. The bulls needed a follow-through bar this week. They […]
Nasdaq 100 Breakout Attempt above June
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big outside up bull bar with tails at the top and bottom. The market is making a breakout attempt above June. The market continues to have closes above prior bar. This week triggered the bear reversal bar of last week and closed […]
Nasdaq 100 Second Bear Reversal Bar in as Many Weeks
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures short trading week is a small bear reversal bar with small tails above and below. This is the second bear reversal bar in as many weeks. At this point bears would like a close below the prior bar. That has not happened since early March. […]
Nasdaq 100 Best Pair of Bull Bars since July 2020
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures June monthly candlestick is a big bull trend bar with small tails and a body proportionate with the May monthly bar. This is the best pair of bull bars since July 2020 when the market broke to new highs post-pandemic. The week closed as an outside […]
Nasdaq 100 Bear Reversal inside bar
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear reversal inside bar with small tails above and below. The market has been in a bull microchannel for the past 7 weeks – i.e., the low of each week has been higher than the low of the prior week. Next week […]
