Market Overview: DAX 40 Futures DAX futures went sideways with a bear inside bar, a possible final flag at a measured move target. Tight range on the monthly and 5 bear bars on the weekly, so tough to buy and might be near the bottom of the down leg. Sideways more likely. We are right […]
Nasdaq 100 Pair of Uniform Bull Body and Tails Above
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures June monthly candlestick is a big bull bar with a prominent tail above. It is a new high close of the year. May and June are a pair of uniform bull body and tails above. The week is a bear doji bar with big tails. Last […]
Nifty 50 Outside Bar
Market Overview: Nifty 50 Futures Nifty 50 Outside Bar on the monthly chart. This month, the market presented a strong bull bar closing near its high, increasing the strength of the existing bull trend. The probability of reaching the measured move of the wedge top has also increased. The Nifty 50, on the daily chart, […]
Emini Bears Want Reversal Bar Today
Trading Update: Friday June 28, 2024 S&P Emini pre-open 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 […]
Emini Sellers Likely Above
Trading Update: Thursday June 27, 2024 S&P Emini pre-open 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 […]
Emini Bad Buy Signal Bar for Bulls
Trading Update: Wednesday June 26, 2024 S&P Emini pre-open 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 […]
Emini Daily Chart Transitioning into Trading Range
Trading Update: Tuesday June 25, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini Intra-Day Update 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 […]
Emini Support at 5,500 Round Number
Trading Update: Monday June 24, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini Intra-Day Update 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 sell […]
Emini Micro Wedge
Market Overview: S&P 500 Emini Futures The weekly chart formed an Emini micro wedge (Jun 7, Jun 12, and Jun 21). The problem with the bear’s case is that they have not been able to create strong bear bars with sustained follow-through selling. The bears need to create a strong entry bar with follow-through selling […]
Crude Oil Bulls Need Follow-through
Market Overview: Crude Oil Futures The Crude Oil bulls need follow-through buying following this week’s breakout above the bear trend line. They also need to create a breakout above the expanding triangle top. The bears want a reversal from a lower high major trend reversal, from a double top bear flag (May 29 and Jun […]
