Market Overview: Bitcoin Futures Bitcoin consecutive closes above 20-month EMA. Bitcoin futures increased its value +2.71% during April. Furthermore, during the month, the price achieved a 100% rally from 2022 lows. Bitcoin futures The Monthly chart of Bitcoin futures Analysis Trading The Weekly chart of Bitcoin futures Analysis Trading Market analysis reports archive You can access […]
Emini bulls want consecutive bull closes above June 28
Trading Update: Thursday July 21, 2022 Emini pre-open market analysis Emini daily chart The bulls got a follow-through bar following the July 19 bull breakout. They hope today will be another bull close which would create consecutive bull closes above June 28 and increase the probability of higher prices. Yesterday was also a close above […]
NASDAQ 5th successive weekly bear close
Market Overview: NASDAQ 100 Emini Futures The Nasdaq Emini futures is in a strong bear leg. This is the 5th consecutive bear bar and successive weekly bear close below the prior March low. At the same time, bulls who bought the low of March made money selling near the monthly exponential moving average (EMA). The week started […]
Emini consecutive closes above May 7 breakout point
Market Overview: Weekend Market Analysis The SP500 Emini futures market had consecutive closes above the May 7 breakout point this week on the daily chart. Emini consecutive closes increase the chance of a successful breakout. The bulls will need bigger bull bars, and more bull bars if the breakout is to reach a 200-point measured […]
