Trading Update: Wednesday January 17, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Nifty 50 Inside Bar
Market Overview: Nifty 50 Futures Nifty 50 Inside Bar on the weekly chart. By forming a small bear bar with short tails on either side, the market gave a weak bear close this week. Overall, a second leg up is more likely given that the weekly chart is trading inside of a wide bull channel […]
FTSE 100 Bull Flag, LH DT, High in Trading Range
Market Overview: FTSE 100 Futures The FTSE futures market formed a FTSE 100 bull flag with a lower high double top (LH DT). The price moved lower, but the tails tell us bears were scalping and ran into the scale-in bulls. After a strong micro channel, traders bought below the low and will buy 50%, expecting […]
Nifty 50 Futures Wedge Top
Market Overview: Nifty 50 Futures Nifty 50 futures wedge top formed on the weekly chart, and gave a bear close this week after giving a bull breakout above the all-time high level the previous week. This bear bar on the weekly chart is also an inside bar which can result in bulls losing interest to […]
DAX 40 Bull Flag Breakout or Good 50% Retracement
Market Overview: DAX 40 Futures DAX futures was a big bull bar closing near its high. It is consecutive monthly bull bars, a DAX 40 bull flag breakout and a High 3 buy, but we are right in the middle of the trading range, forcing traders to make tough decisions. The bulls see the pullback […]
Nifty 50 futures bull flag
Market Overview: Nifty 50 Futures The Nifty 50 gave strong bull close in monthly chart and bulls expect this to be possible trend line of the bull channel. The move down after measured move of measuring gap was very weak to cause bear reversal. Possible Nifty 50 futures bull flag. Nifty 50 in weekly chart still […]
Emini bears trying for breakout of bull flag
Trading Update: Wednesday April 6, 2022 Emini pre-open market analysis Emini daily chart The market broke above the February high during the U.S. day session for the second time. The bulls failed to keep the market above the February high, and the bears were able to successfully close the market below it. I stated yesterday […]
Emini bull flag ahead of August unemployment report
Trading Update: Friday August 6, 2021 Emini pre-open market analysis Emini daily chart Small breakout to new all-time high and above 10-day tight trading range in strong bull trend, but closed below last week’s all-time high. An Emini bull flag before unemployment report. Yesterday was a good entry bar for Wednesday’s ioi buy signal and […]
