Trading Update: Wednesday February 21, 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 Sideways for Several Weeks
Trading Update: Tuesday February 20, 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 Stalled
Market Overview: S&P 500 Emini Futures The Emini stalled around the all-time high by closing as an outside bear doji. The bulls want a strong breakout into a new all-time high territory, hoping that it will lead to many months of sideways to up trading. The bears hope to get a TBTL (Ten Bars, Two […]
Crude Oil Pullback Phase
Market Overview: Crude Oil Futures The weekly chart is in the Crude Oil pullback phase which has lasted 10 weeks so far. The bulls need to create sustained follow-through buying above the 20-day EMA and the bear trend line to increase the odds of the bull leg beginning. The bears see the recent sideways to […]
EURUSD Outside Doji
Market Overview: EURUSD Forex The weekly candlestick was a EURUSD outside doji, stalling around the December 8 low area. The bulls want a reversal from a double bottom bull flag (Dec 8 and Feb 14). The bears want the 20-week EMA to act as resistance followed by at least a small leg sideways to down […]
Bitcoin Ruptura Alcista sobre los $50000
Visión del Mercado Bitcoin está cotizando por encima del nivel psicológico de los $50.000 por primera vez desde 2021. Al examinar el gráfico semanal, observamos una tendencia alcista, sin embargo, a medida que Bitcoin continúa su ascenso, surgen preguntas sobre la sostenibilidad de esta Tendencia Alcista. ¿Seguirá su inercia el impulso alcista actual, llevando a […]
Nifty 50 Micro Double Top Failure
Market Overview: Nifty 50 Futures Nifty 50 Double Top Failure on the weekly chart. This week, the market concluded with a robust bull close, characterized by a bull bar closing near its high with a tail at the bottom. Despite attempts by bears to trigger a reversal with the formation of a micro double top […]
FTSE 100 Outside Up, Swing Buy or Another Triangle
Market Overview: FTSE 100 Futures FTSE 100 futures moved higher last week after a dip down with an outside up bar closing on its high. Swing bulls are still in their longs and have been buying the 200 MA as support. The top third of a trading range, so we will see next week if […]
DAX 40 Bull Breakout, New High, Close Inside TR
Market Overview: DAX 40 Futures DAX futures moved up last week with a bull outside bar and bull breakout, but the close was inside the prior range. Spike and channel bull trend, so bulls are perhaps buying lower and scaling out at new highs. Although with so little bear pressure, bulls will buy strong bull […]
Emini Bulls Getting Follow-through after High 1
Trading Update: Friday February 16, 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 […]