Visión de mercados: Futuros sobre Bitcoin Los futuros sobre Bitcoin han cerrado el mes de febrero formando una vela doji, tras la ruptura de la bandera alcista de largo plazo. Durante el mes de febrero, el precio de Bitcoin apenas ha aumentado en un +0.69 % su valor. Bitcoin futuros Gráfico mensual de los futuros sobre Bitcoin […]
Emini Breakout below February 10 Likely to Fail
Trading Update: Tuesday February 21, 2023 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 several reasonable stop entry setups from Friday (before Monday bank holiday and early market close). I show each buy […]
Crude Oil Failed Breakout below September Low?
Market Overview: Crude Oil Futures The Crude oil futures was a failed breakout below September low. December traded far below Sept low and the bull trend line but reversed to close above it. The bears failed to get a follow-thorough bear bar. Bulls want a reversal higher from a lower low major trend reversal. Crude oil futures […]
Nifty 50 Bad Follow-through
Market Overview: Nifty 50 Futures Nifty 50 bad follow-through after a breakout attempt of the all-time high level. Market on the monthly chart is currently in a trading range phase as many tails up and down are seen in the last few bars, so traders can expect a few more bars of sideways price action. […]
Emini Weak Second Breakout Attempt below June Low
Market Overview: S&P 500 Emini Futures The S&P 500 Emini futures bears got a weak second breakout attempt below the June low, however, the weekly candlestick had a long tail below. The first 2 legs of the wedge had at least 3 candlesticks. Unless there is a surprisingly big reversal up, the bears expect this leg to […]
Emini failed breakout below inside bar on weekly chart
The S&P 500 Emini futures broke below the prior week’s bull inside bar but reversed to close near the high. It is likely a failed breakout from the i pattern. Bulls want a reversal higher from a wedge bottom and a trend channel line overshoot. They want at least another leg higher from a higher low major trend reversal. The bulls will need to create consecutive bull bars closing far above the June 28 high to increase the odds of a test of the June 2 high.
Emini possible failed breakout below trading range?
The S&P 500 Emini futures May candlestick closed as a doji bar. The bears failed to get a follow-through bear bar. Bulls see the move down from the January high as a 2 legged pullback and a wedge bull flag (January 24, February 24 and May 20). Bulls will need to close June as a strong bull bar near the high to increase the odds of a failed breakout below the trading range.
Emini bulls want failed breakout below wedge bottom
Trading Update: Monday April 18, 2022 Emini pre-open market analysis Emini daily chart The bulls are trying to form a wedge bull flag (April 1, April 6, and April 13) and want failed breakout below wedge bottom. The bears went outside down following the credible stop entry buy on April 13. This increases the odds […]
Emini bears want second failed breakout of February high
Trading Update: Tuesday April 5, 2022 Emini pre-open market analysis Emini daily chart The bulls were able to get a strong bull close yesterday, which reversed most of the March 31 bear bar. Bears want second failed breakout. Yesterday increases the odds that the market will go at least a little bit higher. The bulls […]
Emini reversal after failed breakout below OO pattern
Trading Update: Monday February 28, 2022 Emini pre-open market analysis Emini daily chart The Emini broke below the January low last week, followed by reversal after failed breakout. The selloff last week was also a test of the 7-month trading range. The bulls hope that the February 24 strong buy signal bar and the follow-through […]