Market Overview: NASDAQ 100 Emini Futures NASDAQ Emini futures market reversed up strongly from last week and is a Nasdaq 100 big bull close just below weekly exponential moving average (EMA). Last few weeks have made the case for the market to go sideways to the weekly EMA. Now that the market is almost there, […]
Nasdaq 100 Monthly Bull Reversal Bar from below June Low
Market Overview: NASDAQ 100 Emini Futures NASDAQ Emini futures October monthly bull reversal bar from below the June low, with a tail at the top and bottom. Since this month is a bull bar, it signifies a failed breakout below last month’s low. At the same time, the market went far below last month’s low that […]
Nasdaq 100 Successive Weekly Bull Close above Prior Bar High
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market is attempting a reversal up from the October low. It is the first successive bull close above prior week high since the last bull leg that started in July. As mentioned in the report two weeks back, the market is likely making its way […]
Nasdaq 100 Bear Breakout Attempt below June Low
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market is attempting a Nasdaq 100 bear breakout below the June low. It fell far below the prior June low this week and closed far below it as well, although with a tail below. Last week’s bar was a doji with a big tail above. […]
Nasdaq 100 Bear Close below June Low Support
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures September monthly candlestick is a bear trend bar with close below June Low support, with a tail on top. It is a good entry bar following the Low 1 sell signal bar of last month. The market closed just below the June low. By closing below […]
Nasdaq 100 near June Low Support
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market continued the second leg of its pullback by breaking out below the expanding triangle (ET) of the last 3 weeks and is back near June low support. The market should test below the June low to see if there are buyers or sellers. The […]
Nasdaq 100 Second Leg of Pullback
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market resumed the second leg of pullback by going above last week’s high and closing below last week’s low – an outside down bar. As was mentioned in last week’s report, sellers were expected above last week’s high, and they came in at the weekly […]
Nasdaq 100 Pause in Pullback
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures had a pause in pullback this week after two weeks of pullback. The market had a strong move up from June, so there should be a second leg up after this pullback. At the same time, the pullback since August is strong enough that it […]
Nasdaq 100 Low 1 Sell Signal below EMA
Market Overview: NASDAQ 100 Emini Futures NASDAQ Emini futures monthly candlestick is bear bar closing on its low with a tail on top. It is a NASDAQ 100 low 1 sell signal bar below the exponential moving average (EMA). Last month’s report had made a case for the market to go at least slightly higher […]
Nasdaq 100 below All EMAs
Market Overview: NASDAQ 100 Emini Futures NASDAQ 100 below all EMAs, pulling back this week for the first time in the last ten weeks. A pullback was expected, although the bears have created consecutive good bear bars closing on their lows. The market is also back below the daily, weekly, and monthly exponential moving average […]
