Market Overview: FTSE 100 Futures FTSE 100 futures went sideways last month with a bear inside bar high. The pullback hasn’t appeared on this time frame yet, so it’s still always in long, and the first reversal is likely to be minor. Weekly bears are trying to close gaps below, but its more likely profit-taking […]
FTSE 100 Breakout, Two Legs Sideways to Down, High 2
Market Overview: FTSE 100 Futures FTSE 100 futures went higher last week, reversing the week before. Two legs down after a very strong breakout. The bears want a third leg, but with the daily chart going always in long, it would be better to be long or flat next week. It can go sideways, but […]
FTSE 100 Second Leg Down, Test Breakout Point
Market Overview: FTSE 100 Futures FTSE 100 futures went lower last week, with a second leg down in a strong pullback from the ATH. We are always in short on the daily chart, which is likely to become a bull flag on this chart. But it’s disappointing for the bulls, who should not have let […]
FTSE 100 ATH, Bull Channel, Sideways Expected
Market Overview: FTSE 100 Futures FTSE 100 futures moved higher last month in a bull channel, but the bar had a big tail. Who is selling? Bulls are taking profits after a strong breakout. Bears want to close the breakout gap, and bulls want a pullback to buy again. We have been in a trading […]
FTSE 100 Bull BO, Pullback, Swing Bears 2:1
Market Overview: FTSE 100 Futures FTSE 100 futures pulled back lower last week with a big bear bar hitting a bear swing target. There has been a strong bull breakout from the lows of a bull channel, and we are near the top of it. We don’t have to reverse here, but some bulls will […]
FTSE 100 Pause Bar, Strong Breakout FT, Weak Reversal
Market Overview: FTSE 100 Futures FTSE 100 futures went sideways last week at the ATH with a pause bar high in a bull spike. On a HTF, traders expect more legs up, but currently most bulls are sitting on big profits so they will be looking for any reason to confirm the move up is […]
FTSE 100 Breakout and FT, MM Up, Possible 3rd Leg
Market Overview: FTSE 100 Futures FTSE 100 futures went higher last week in a bull breakout and a follow-through. Bull breakouts on the monthly, weekly and daily chart after bears gave up defending the top of the trading range. Climactic on the daily chart so we should see some profit-taking soon, but nothing to sell, […]
FTSE 100 Always In Long, ATH, Top of TR
Market Overview: FTSE 100 Futures The FTSE 100 futures went always in long last month with consecutive bull bars closing above the moving average. We left the wedge bottom and broke to the upside, so most bears got out of the way. It is a trading range, so most gaps should close, and pullbacks can […]
FTSE 100: Strong Breakout New All Time High
Market Overview: FTSE 100 Futures FTSE 100 futures went higher with a strong breakout last week. The bears tried to fade the top of the trading range but got run over with a weak signal. As soon as it closed, only buyers took the price higher. Next week, it is important to see if there […]
FTSE 100 Expanding Triangle, Bull BO PB, Surprise
Market Overview: FTSE 100 Futures FTSE 100 futures went sideways to down last week after a bull BO. The bulls hit their swing target, took their 2:1, and ran! Big breakout gap below, so a better place to get long is down there – if it sets up. Bears who were fading the breakout got […]