Trading Update: Tuesday January 2, 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 last Friday (before New Year break). I show each buy entry bar with a green arrow and […]
Emini Strong Consecutive Bull Bars
Market Overview: S&P 500 Emini Futures The monthly chart formed an Emini strong consecutive bull bars closing above the July 27 high. The next target for the bulls is the all-time high. They will need to create a follow-through bull bar in January to increase the odds of a breakout above the all-time high. The […]
Crude Oil Retest Dec Low
Market Overview: Crude Oil Futures The weekly chart is forming a Crude Oil retest Dec low following a minor pullback. The bears want another leg down retesting the prior leg low (Dec 13). The bulls want a reversal from a higher low major trend reversal and a wedge bull flag (Oct 6, Nov 16, and […]
EURUSD Bad Follow-through
Market Overview: EURUSD Forex The weekly chart formed a bear doji closing near its low therefore was an EURUSD bad follow-through candlestick. If a pullback begins, the bulls want the 20-week EMA to act as support, followed by a reversal from a double bottom bull flag. The bears want a reversal from a wedge bear […]
Bitcoin la Gran Subida de 2023
Visión de Mercado de Bitcoin: Bitcoin experimentó un aumento de más del 150 % en 2023, marcado por una gran subida alcista, que incluye una pausa que duró 5 meses. El precio casi deshizo del impacto de la ruptura bajista de 2022. A lo largo del año, la especulación se centró en la posible aprobación de […]
Nifty 50 Wedge Breakout
Market Overview: Nifty 50 Futures Nifty 50 Wedge Breakout on the monthly chart. The market showed strength this month with a robust bull bar closing near its high, marking a strong bull breakout of the wedge top. The Nifty 50 on the monthly chart continues in a strong bull trend, so bears should refrain from […]
FTSE 100 Bull Breakout to Finish 2023, Test Highs
Market Overview: FTSE 100 Futures FTSE 100 futures moved higher last month with a bull breakout of a wedge bull flag to finish 2023. Bulls wanted a reasonable buy signal, but last month wasn’t it. Small bull bar closing below the MA – but it worked anyway. We might need to go sideways for bears […]
DAX 40 Testing above Bear Microchannel, New ATH
Market Overview: DAX 40 Futures DAX futures moved higher last month, testing above the bear microchannel and creating a new ATH. It did not close strongly above the prior highs, leaving a small tail above. The bears didn’t get a sell signal, so we will likely continue higher to see what is above the highs. […]
Nasdaq 100 Highest Monthly Close of 2023
Market Overview: NASDAQ 100 Emini Futures The Nasdaq Emini futures December monthly candlestick is a big bull trend bar with a small tail above and below. It is the highest monthly close of 2023 and a good follow-through bar to the November bull bar. The week is a doji bull bar closing below the mid-point with a […]
Emini Final Trading Day of the Year
Trading Update: Friday December 29, 2023 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 […]
