Market Overview: EURUSD Forex The market formed a monthly EURUSD buy vacuum test of the trading range high. The bulls need to create a follow-through bull bar in September following the breakout above the triangle to increase the odds of a breakout above the July high. The bears want a reversal from a double top […]
Bitcoin Climax Bajista en $50000 y recuperación en Agosto
Visión del mercado Este mes de agosto tuvo un comienzo muy interesante para Bitcoin, caracterizado por un clímax bajista que probó el nivel significativo de los $50,000, un umbral psicológico clave. Desde ese punto, el precio se giró casi completamente hacia el cierre de julio, pero no logró llegar debido a que muchos alcistas quedaron […]
Nifty 50 Breakout Gap
Market Overview: Nifty 50 Futures Nifty 50 Breakout Gap on the monthly chart. The market is currently in a strong bull trend. This month, it achieved a third consecutive strong bull close and is now approaching the wedge overshoot measured move target. In the upcoming week, the market might form a small bear bar due […]
FTSE 100 Outside-Outside, Breakout Mode, Bull Channel
Market Overview: FTSE 100 Futures FTSE 100 futures went higher with a bull outside bar last month in an outside-outside pattern. Bears didn’t do enough to convince traders to get short, and now sideways to up is more likely. It might go up with two-legged pullbacks, but the bears could not make 1R selling below […]
DAX 40 Bull Outside Bar at 19000, Bull Channel
Market Overview: DAX 40 Futures DAX futures went higher last month with a bull outside bar in a bull channel. It was in breakout mode in a tight trading range for several months, and now we are just at 19000 Big Round Number. Stop-entry bulls are making money, so we should go higher. But the […]
Nasdaq 100 Bad H1 Buy Signal Bar at Ema
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures August month candlestick is a bad H1 buy signal bar at EMA – exponential moving average. It is a big doji bar with essentially no body and a long tail below. The week is a bear doji bar with a tail below. It pulled back […]
Emini Bulls Want Close near Open of Week
Trading Update: Friday August 30, 2024 End of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I […]
Emini Buyers below August 22nd Low
Trading Update: Thursday August 29, 2024 End of day video review S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each […]
Emini Six Day Tight Trading Range
Trading Update: Wednesday August 28, 2024 End of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I […]
Emini Buyers below Yesterday’s Low
Trading Update: Tuesday August 27, 2024 S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with a […]