Trading Update: Thursday December 28, 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 […]
Emini Sellers above December 20th Outside Down Bar
Trading Update: Wednesday December 27, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market 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 […]
Emini Small Pullback Bull Trend From The Open
Trading Update: Tuesday December 26, 2023 No report today due to Brad travelling. Full report returns tomorrow Wednesday December 27, 2023. Wishing you and your family an ongoing Merry Christmas holiday season. Summary of today’s S&P Emini price action Al created the SP500 Emini charts. Here are reasonable stop entry setups for today. I show […]
Emini 9-Bar Bull Microchannel
Market Overview: S&P 500 Emini Futures The weekly chart formed an Emini 9-bar bull microchannel which means strong bulls. There may be buyers below the first pullback from such a strong bull microchannel. The bears need to create strong bear bars with follow-through selling to increase the odds of a deeper pullback. S&P500 Emini futures […]
Crude Oil Minor PB
Market Overview: Crude Oil Futures The weekly chart formed a Crude Oil minor pb (pullback). The bulls need to continue creating follow-through buying trading above the 20-week EMA and the bear trend line to increase the odds of a reversal. The bears want a retest of the December low and another strong leg down after […]
EURUSD Consecutive Bull Bar
Market Overview: EURUSD Forex The weekly chart was a EURUSD consecutive bull bar, testing the trading range high. The bulls need to create follow-through buying above the November 29 high to increase the odds of retesting the July high. The bears want a reversal from a small double top (Nov 29 and Dec 22) and […]
Bitcoin microcanal alcista de 11 semanas
Visión de Mercado: Futuros sobre Bitcoin Bitcoin continúa el microcanal alcista porque evita cotizar por debajo del mínimo de la semana anterior por 11 semanas consecutivas. La semana que viene es la última semana de 2023. El precio de un Bitcoin ha aumentado su valor en un 160 % con respecto al cierre del año […]
DAX 40 Low 1 Buy in Bull Microchannel, Double Top
Market Overview: DAX 40 Futures DAX futures went sideways with a Low 1 in a Bull Microchannel. It was a failed breakout above the prior trading range, but most traders expect more now or after a short pause. Because bulls have a higher probability, their stop is far away, and they need a higher low […]
Nifty 50 Bull Micro Channel
Market Overview: Nifty 50 Futures Nifty 50 Bull Micro Channel on the weekly chart. After an extended period of bull bars, the Nifty 50 has formed a bear. This week, the market formed a weak bear bar that has no chance of leading to a reversal. Second leg up is likely ahead of any significant […]
FTSE 100 Tight Bull Channel, Leaving BOM or DT?
Market Overview: FTSE 100 Futures FTSE 100 futures went higher in a tight bull channel as we left breakout mode with several small consecutive bars higher. Bears want a sell signal to fade the top of the trading range, but we are now getting many small bars, so it could be the first leg of […]