Trading Update: Monday August 26, 2024 End of day video review S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Friday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Friday. I show each buy entry bar with a green arrow and each […]
Bitcoin trampa alcista durante swing hacia $70000
Visión del mercado La acción del precio de Bitcoin sugiere la posibilidad de un movimiento alcista, aunque la probabilidad de un impulso sostenido hacia arriba en la próxima semana parece limitada. En el marco temporal diario, los recientes patrones alcistas sugieren que, aunque es posible un rompimiento al alza, los traders deben estar preparados para […]
Weekly Emini Retest All-Time High
Market Overview: S&P 500 Emini Futures The market formed a weekly Emini retest all-time high in the form of strong consecutive bull bars. The bulls want a retest of the all-time high and a resumption of the broad bull channel. The bears want a reversal from a lower high major trend reversal or a double […]
Weekly Crude Oil Trading Range
Market Overview: Crude Oil Futures The market formed a weekly Crude Oil trading range around the middle of the large trading range. The bears hope this week was simply a pullback and want another retest of the August 5 low. The bulls want a reversal from a double bottom bull flag (Jun 4 and Aug […]
Weekly EURUSD Follow-through
Market Overview: EURUSD Forex The market formed a weekly EURUSD follow-through bull bar breaking above the December high. The bulls want a strong retest of the July high and a strong breakout with follow-through buying. The problem with the bear’s case is that the move up since the June low is strong with limited selling […]
FTSE 100 Consecutive Bull Bars, TTR, Broad Bull Channel
Market Overview: FTSE 100 Futures The FTSE 100 futures market went sideways last week with a second consecutive bull bar above the moving average. But it’s a doji. The bulls are trying to break out of this tight trading range. The channel is continuing, and that means limit order traders are doing well. Traders who buy […]
DAX 40 Back to Always in Long, But High in TTR
Market Overview: DAX 40 Futures DAX futures went higher last week going always in long. We will likely pull back here. There was strong buying as bears scaled into their bear spike and are now holding losing positions. The pain trade will be up if the bears can’t get it to move down in the […]
Nasdaq 100 Weak Follow-Through to Strong Entry Bar of 8-12
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull doji bar with a tail above and a close above last week high. It is a weak follow-through to strong entry bar of 8-12. On the daily chart, the market went sideways around the broken support from the low close of […]
Nifty 50 Micro Double Top
Market Overview: Nifty 50 Futures Nifty 50 Micro Double Top on the weekly chart. The market this week formed a bullish bar on the weekly chart, marking three consecutive bullish bars following a weak pullback. The market is now trading within a three-bar bull micro channel and is approaching a sideways movement, while also forming […]
Emini Buyers below Wednesday’s Low
Trading Update: Friday August 23, 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 […]