Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market had a weak doji sell signal pause after strong move up of last week. Since this week is a bad signal bar, it will likely get bought. As last week’s report mentioned, there are targets above. NASDAQ 100 Emini futures The Weekly NASDAQ chart […]
Nasdaq 100 Strong Bull Close above Monthly EMA
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures March candlestick is a strong bull close trend bar closing at its high above the February month high. It is also the first bull close above the monthly exponential moving average (EMA) since March 2022. Since February was a weak sell signal bar in a […]
Nasdaq 100 First Consecutive Weekly Close above Monthly EMA since 2021
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market had a bull follow-through bar to last week and first consecutive weekly close above the monthly exponential moving average (EMA). This is the first time since 2021 that there are two consecutive weekly bull close above monthly EMA. The market went above the February […]
Nasdaq 100 Weekly EMA Acting as Support
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market had a big bull surprise bar closing above last week’s bear bar and above the monthly exponential moving average (EMA), with weekly EMA acting as support. The market has completely reversed the big bear bar of last week and is back near the high […]
Nasdaq 100 First Close below Weekly EMA since February
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market had a big bear outside down bar this week – it went above the high of last week, reversed at the monthly exponential moving average (EMA) and with first close below weekly EMA since February. The market will likely test lower in the next […]
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. […]
Nasdaq 100 Pullback in Bull Micro Channel
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures market had a bear breakout from the sideways bars of the past two weeks to begin the Nasdaq 100 pullback of the bull micro channel of the past 6 weeks. The month is now a Low 2 bear doji reversal bar at the monthly exponential […]
Nasdaq 100 Continued Pause in Bull Micro Channel at Monthly EMA
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures continued pause with another doji week sideways at the monthly exponential moving average (EMA). The month so far is a bull bar with a big tail above. As expected, the upside was limited given big sideways bars in the previous few months. It is likely […]
Nasdaq 100 Pause in Bull Micro Channel at Monthly EMA
Market Overview: NASDAQ 100 Emini Futures NASDAQ 100 pause on weekly Nasdaq 100 Emini futures chart at the monthly exponential moving average (EMA) after 4 weeks of bull bars. This week was an opportunity for the bulls to break strongly above the monthly EMA, although given the strong move up for the last two weeks, […]
Nasdaq 100 Monthly 3-Bar Bull Micro Channel
Market Overview: NASDAQ 100 Emini Futures The January monthly NASDAQ Emini futures is a bull trend bar with small tails above and below. The January month created a 3-bar bull micro channel – the low of each bar higher than the low of prior bar going back to October. The body overlaps the body of […]