Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big bull trend bar with a tail below. It is a good follow-through to the bull reversal bar of 1-8-2024. Given the strength of this leg, there should be another leg up. On the daily chart, the market broke out from the […]
Nasdaq 100 Two-Bar Reversal with 1-1-2024?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big bull trend bar with a small tail above and below. It could be a two-bar reversal with 1-1-2024 – Its body overlaps with the body of week of 1-1-2024. This week went above last week’s high and closed slightly below last […]
Nasdaq 100 First Bear Bar since November 2023
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big bear trend bar with a small tail below. It is the first bear bar since November 2023. It also closed the breakout gap with July high. On the daily chart, the market had three consecutive trend bear bars and then closed […]
Nasdaq 100 Highest Monthly Close of 2023
Market Overview: NASDAQ 100 Emini Futures The Nasdaq Emini futures December monthly candlestick is a big bull trend bar with a small tail above and below. It is the highest monthly close of 2023 and a good follow-through bar to the November bull bar. The week is a doji bull bar closing below the mid-point with a […]
Nasdaq 100 Breakout Attempt above July 2023 High
Market Overview: NASDAQ 100 Emini Futures Note – I am in the process of moving my Charts off ThinkorSwim. I realized they don’t handle backadjusting of continuous futures contracts on weekly and monthly timeframes. The main impact of this is specific targets like all-time highs, Measured-move targets mentioned in prior reports. The NASDAQ Emini futures […]
Nasdaq 100 Second Leg up of the Spike up in Nov 2023?
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bull bar closing near its high with a tail below. The market seems at the start of the second leg up of the spike up in Nov 2023. On the daily chart, the market tested the exponential moving average (EMA) on Monday […]
Nasdaq 100 Highest Close of 2023
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures November monthly candlestick is a big bull trend bar with a small tail above. It is the highest close of 2023 closing just below the July 2023 high. The week is a doji bull outside bar (OB) going below and above last week. NASDAQ 100 Emini […]
Nasdaq 100 High above July 2023 High
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 […]
Nasdaq 100 Market Back near July 2023 High
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is more follow-through to the bull bar of 10/30. The market is back near July 2023 high. On the daily chart, this week gapped up above the lower high of 9/14. The monthly bar is a strong bull trend bar with a close above […]
Nasdaq 100 Good Follow-through to the Bull Bar of 10/30
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a good follow-through to the bull bar of 10/30. On the daily chart, this week closed above the first lower high of 10/12. The monthly bar is a strong bull trend bar already above the October high. The problem for the bulls is […]
