Market Overview: Weekend Market Analysis The SP500 Emini futures market has an outside up bar in October after an outside down bar in September, the 2nd consecutive outside bar on the monthly chart. Traders should expect at least slightly higher prices in November. The EURUSD Forex market is reversing up from below its yearlong trading […]
Emini weekly Globex chart has consecutive outside bars
Market Overview: Weekend Market Analysis The SP500 Emini futures had a failed breakout above the top of its 4-week trading range last week, and a failed breakout below this week. Consecutive outside bars on the weekly Globex chart. The strong reversal up this week makes a successful breakout above the range more likely than a […]