Trading Update: Thursday November 30, 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 May Test September 1st High Today
Trading Update: Wednesday November 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 […]
Emini Pullback Likely Over Next Few Weeks
Trading Update: Tuesday November 28, 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 Pullback to Moving Average Likely
Trading Update: Monday November 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 Pre-Thanksgiving Emini setups Richard created the SP500 Emini chart (Al on Thanksgiving leave). Here are reasonable stop entry setups from Wednesday before Thanksgiving break. I show each buy entry […]
Crude Oil Higher Low MTR (Major Trend Reversal)?
Market Overview: Crude Oil Futures The bulls want a Crude Oil higher low MTR (Major Trend Reversal) on the weekly chart. They want a larger second leg up lasting many weeks, with the first leg being the move-up from June to September. The bears hope that the bear leg to retest the May low has […]
EURUSD Follow-through Bull Bar
Market Overview: EURUSD Forex The weekly chart formed a EURUSD follow-through bull bar following last week’s close above the 20-week EMA. The bulls want a retest and breakout above the trading range high (April/May highs). The bears want a reversal from a wedge bear flag (Oct 12, Nov 3, and Nov 21) and a lower […]
Emini Follow-through Bull Bar
Market Overview: S&P 500 Emini Futures The weekly chart formed an Emini follow-through bull bar following the breakout above the bear trend line. The next target for the bulls is the July 27 high. The bears want a reversal from a lower high major trend reversal or a double top with either the September 1 […]
Bitcoin Microcanal Alcista de 7 semanas en el Movimiento Medido
Visión de Mercados: Futuros sobre Bitcoin Bitcoin Microcanal Alcista de 7 semanas en el Movimiento Medido. Esta semana se ha obtenido, una vez más, una vela cuyo mínimo se encuentra por encima del mínimo de la vela anterior, ya van 7 velas consecutivas. Por otro lado, esta próxima semana hay cierre de vela mensual. Los […]
FTSE 100 Breakout Pullback, Small Gap at MA
Market Overview: FTSE 100 Futures FTSE 100 futures went higher last week with a breakout and a pullback, creating a small gap. The pattern is fractal, doing the same thing on the lower timeframe, the daily chart. Traders are deciding if we are swinging up or down. Because bears and bulls are still in, scalpers […]
DAX 40 Breakout Follow-through With MC BO Gap
Market Overview: DAX 40 Futures DAX futures continued up last week with a breakout follow-through, creating a microchannel (MC) with a breakout gap (BO Gap.) We are always in long, so traders should be long or flat. Now we have a small signal bar – small risk. That increases the chance of a test above […]
