Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures weekly candlestick is a big outside bear bar closing on its low well below the monthly EMA (good for the bears). This is the first time since May 2021 that there are three consecutive bear bars. The week opened below last week’s low, then went […]
NASDAQ consecutive bear close below weekly EMA
Market Overview: NASDAQ 100 Emini Futures Nasdaq consecutive bear close on its low and below weekly EMA. It is a good follow-through bar to last week’s big bear bar. The week gapped down and had strong selling pressure – 3 of the 4 trading days in the week had good bear bodies. The bulls had a […]
Nasdaq pullback in bull leg of trading range
Market Overview: NASDAQ 100 Emini Futures This week’s Nasdaq Emini candlestick was a bear bar closing on its low, a pullback in bull leg. It triggered last week’s Low 2 sell signal and closed below the weekly EMA. The week started strong, attempting to retest last week’s high, but reversed down again at the swing lower high […]
Nasdaq failed breakout above 20-week EMA
Market Overview: Nasdaq 100 Emini futures This week’s Nasdaq Emini candlestick is a Low 2 sell signal at the weekly EMA, but with a bull body. It essentially is a failed breakout above the 20-week EMA. The week started strong, going above the swing lower high of week of 1/31, but the last three days of the […]