Market Overview: Crude Oil Futures The Crude oil futures bulls got follow-through buying this week following last week’s close above the 20-week exponential moving average. The bulls want a strong breakout above the 16-week trading range. The bears want the market to stall around the trading range high. If there is a breakout above, the […]
Bitcoin at 30000 Big Round Number
Market Overview: Bitcoin Futures Bitcoin at 30000 big round number. This week, the price increased by +9.05% of its value. The price closed above $30000 for the first time since May 2022. Bitcoin futures The Weekly chart of Bitcoin futures Analysis Trading The Daily chart of Bitcoin futures Analysis Trading Market analysis reports archive You can […]
Emini Follow-through Bar above 20-Week EMA
Market Overview: S&P 500 Emini Futures The S&P 500 Emini futures formed a weak follow-through bar after closing above the 20-week exponential moving average. While the move up since March 13 low is in a tight bull channel, it could simply be a bull leg within a trading range until there is a strong breakout […]
FTSE 100 Bull Breakout and Follow Through, ATH
Market Overview: FTSE 100 Futures The FTSE futures market moved higher last month with bull breakout and follow through. Although this month had a tail on top, the probability is still always in long. Because of the sideways action and the lack of high-probability stop-entries, many limit-order traders will be betting on more sideways. If you […]
Emini Bulls Strong Follow-through Wanted and for Bears to Give Up
Trading Update: Tuesday February 14, 2023 Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Tim created the SP500 Emini chart from Al’s provided summary Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell […]
Emini Bulls Want Strong Follow Through
Trading Update: Thursday January 12, 2023 Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market update Yesterday’s Emini setups Brad created the SP500 Emini chart. Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell […]
Emini Bulls Follow-through Wanted after Friday’s Strong Close
Trading Update: Monday January 9, 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 Brad created the SP500 Emini charts. Here are several reasonable stop entry setups from Friday. I show each buy entry with a green rectangle and each sell […]
Emini Strong Follow-through Bull Bar
Market Overview: S&P 500 Emini Futures The S&P 500 Emini futures bulls got a strong follow-through bull bar following last week’s High 2 buy entry. Since this week closed near its high, odds slightly favor the Emini to trade at least a little higher. If the bulls continue to create strong consecutive bull bars closing near their […]
Emini Bulls Strong Follow-through Bar Wanted Today
Trading Update: Friday August 26, 2022 Emini pre-open market analysis Emini daily chart The bulls got a strong rally into the close yesterday, which caused yesterday to close on its high. Bulls strong follow-through bar wanted today to increase the odds of testing the August high. This is good for the bulls and increases the […]
Emini bulls need follow-through test of June 2 lower high
Trading Update: Thursday July 28, 2022 Emini pre-open market analysis Emini daily chart The bulls got a bull breakout closing above the July 22 high yesterday. Bulls want this breakout to have a follow-through test today reaching the June 2nd major lower high. There is a measured move projection from the July 14 low to […]
