Market Overview: NASDAQ 100 Emini Futures The January monthly NASDAQ Emini futures is a bull trend bar with small tails above and below. The January month created a 3-bar bull micro channel – the low of each bar higher than the low of prior bar going back to October. The body overlaps the body of […]
Nasdaq 100 Bull Breakout above Weekly EMA
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market in breakout above weekly EMA (exponential moving average) and is back at the December high. The January monthly bar so far is a good bull reversal bar. A couple of problems for bulls: It is an inside bar (i.e. high and low within the […]
Nasdaq 100 Bull Leg Pausing at Weekly EMA
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market is in a trading range with bull leg pausing at the weekly exponential moving average (EMA). The question is how high will the bull leg be? The January monthly bar so far is a good bull reversal bar. A couple of problems for bulls: […]
Nasdaq 100 Back at Weekly EMA
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market continues to be in a trading range and is back at weekly EMA exponential moving average (EMA). The market was at the bottom of the trading range from November for the past couple of weeks and appears to be making a bull leg of […]
Nasdaq 100 Pair of Weekly Bear Doji Bars
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market has been going sideways for the past two weeks around the bottom of the trading range from early November. Given the pair of weekly bear doji bars over past two weeks, the market will likely make at least a small second leg down for […]
Nasdaq 100 Lowest Monthly Close of the Year
Market Overview: NASDAQ 100 Emini Futures The December monthly NASDAQ Emini futures candlestick is a bear trend bar with small tails above and below. It is the lowest monthly close of the year. The bulls needed a good follow-through bar this month to the bull bars in the past two months, but they could not […]
Nasdaq 100 Start of Next Leg Down?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market went above the trading range of the past few weeks and reversed strongly to close as an outside down week. A possible start of next leg down. For the past 4 weeks, bulls have been making money buying below bars, and bears selling above […]
Nasdaq 100 Continued Sideways Move at Weekly EMA
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market in a continued sideways move at the weekly exponential moving average (EMA). Last week was an outside bull bar. The market went below the low of last week and closed above it. Given the big bars with overlap over the last couple of weeks, […]
Nasdaq 100 First Pair of Monthly Bull Bars in 2022
Market Overview: NASDAQ 100 Emini Futures The November monthly NASDAQ Emini futures candlestick is a bull bar closing on its high although with a big tail below. This is also the first pair of monthly bull bars in 2022. It’s as good an entry bar as bulls could hope for after the big bear week […]
Nasdaq 100 Sideways Move at Weekly EMA
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market is pausing, a Nasdaq 100 sideways move at the weekly exponential moving average (EMA). This week is a bad entry bar to the weak sell signal bar last week. Given the weak signal bar last week, it was likely that this week would not […]
