Market Overview: Crude Oil Futures The Crude oil futures triggered the Low 4 sell signal on the weekly chart by trading below last week’s low. The bears will need to create follow-through selling to increase the odds of a retest and breakout below the 16-week trading range. The bulls need to break far above the […]
Nasdaq 100 Bad Monthly Sell Signal at EMA
Market Overview: NASDAQ 100 Emini Futures February Nasdaq Emini candlestick is a bear doji bad monthly sell signal bar with a big tail above, and a small tail below, at the monthly exponential moving average (EMA). This is a weak sell signal and acts more as a trading range bar – buyers below and sellers above. […]
Emini sell signal bar on weekly chart for possible July top
Weekend report co-author Andrew A. Market Overview: Weekend Market Analysis SP500 Emini sell signal bar on weekly chart. If July has a bear body on the monthly chart, then a 15 – 20% correction will likely be underway for the next 2 – 3 months. Without that, traders will bet that this reversal will be […]
