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 […]
DAX 40 High 1 After Deep Pullback, Above MA
Market Overview: DAX 40 Futures DAX futures went higher forming a High 1 from a reversal up from 18000. Such a strong spike needed a correction and the pullback was deep. It might need a second leg sideways to down before bulls buy again. The moving average is just below and there are likely buyers […]
Nasdaq 100 No CC Close below Nov 2021 Bull Body Gap
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is an inside bull trend bar with small tails. The market had no CC close below Nov 2021 bull body gap. Note – CC is an abbreviation for consecutive. On the daily chart, the market had a weak two-legged pullback to the exponential moving […]
Emini Failed Low 1
Trading Update: Friday April 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 Bears Want Bear Flag
Trading Update: Thursday April 25, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today 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 Bulls Want to Trap Bears at Midpoint of Channel
Trading Update: Wednesday April 24, 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 Likely to Get Deep Pullback
Trading Update: Tuesday April 23, 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 Support 5,000 Likely to Bounce
End of day video review Trading Update: Monday April 22, 2024 S&P Emini pre-open 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 […]
Emini Profit Taking
Market Overview: S&P 500 Emini Futures The market has entered an Emini profit-taking and pullback phase. The bears want at least a second leg sideways to down after a pullback. The bulls hope to get at least a small retest of the prior trend extreme high (Mar 21), even if it only leads to a […]
Crude Oil Pullback
Market Overview: Crude Oil Futures The weekly chart formed a Crude Oil pullback closing as a bear bar with a prominent tail below. The bears will need to create consecutive bear bars closing near their lows to convince traders that they are back in control. If the market trades lower, the bulls want the 20-week […]
