Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is the short 2023 Thanksgiving trading week. It’s a bull bar with a prominent tail at the top and a high above July 2023 high. On the daily chart, Monday was a good bull bar going above the July high, and the rest of […]
Nifty 50 Inside Bar Measured Move
Market Overview: Nifty 50 Futures Nifty 50 Inside Bar Measured Move on the weekly chart. This week, the market gave a small bull close, and it is currently trading within the expanding triangle and the trading range. The market is moving closer to the inside bar measured move after the weekly chart of the Nifty […]
Emini Far from Moving Average
Trading Update: Wednesday November 22, 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 chart. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each […]
Emini Sideways to Moving Average Likely
Trading Update: Tuesday November 21, 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 Risk Getting Big for Bulls
Trading Update: Monday November 20, 2023 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market update 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 each […]
Emini Strong Bulls
Market Overview: S&P 500 Emini Futures The Emini Strong Bulls formed 3 consecutive bull bars closing near their highs, breaking far above the 20-week EMA and the bear trend line on the weekly chart. They want a resumption of the bull trend. The bears hope to get a reversal from a lower high major trend […]
Crude Oil Trend Channel Line Overshoot
Market Overview: Crude Oil Futures The market formed a Crude Oil trend channel line overshoot, closing as a bear doji with a long tail below. The bulls hope to get a reversal from a higher low major trend reversal. The bears hope that the bear leg to retest the May low has begun. Crude oil […]
EURUSD Bulls Need Follow-through
Market Overview: EURUSD Forex The EURUSD bulls need follow-through buying to increase the odds of a retest and breakout attempt above the trading range high. The bears hope that the current move is simply a deep pullback and want a reversal from a wedge bear flag or a lower high major trend reversal. EURUSD Forex […]
Nifty 50 Trading Range
Market Overview: Nifty 50 Futures Nifty 50 Trading Range on the weekly chart. The market on the weekly chart gave a weak bull close (due to the tail at the top) this week. After a failed bear breakout attempt that received no follow-through, the market has once again entered the trading range. Bears have also […]
DAX 40 Bull Breakout and FT, Testing TTR
Market Overview: DAX 40 Futures DAX futures rocketed higher last week with a bull breakout, 5 bull days reaching a measured move target. It was 3 pushes down, a wedge bottom and a test of the swing low in a trading range. A type of double-bottom buy setup. But the failed sell signals on the […]
