Futures Markets Trend Zone EOW 04/23/21

I look for pullback trade set-ups in trending markets and one helpful tool I use is my trend map. I follow 37 markets and break down each market into 5 categories:

double green (very bullish)(5)
single green (bullish)(4)
yellow (neutral or sideways)(3)
single red (bearish)(2)
double red (very bearish)(1)

I haven’t posted a Trend Zone update since late January, but I have still been tracking them every week. Here is the latest as of Friday’s close. The overall tone of the markets increased to its highest bullish rating in the 9 months that I’ve been monitoring it. Total bullish markets ripped higher from 21 to 33. The group of markets I’m watching is now an astonishing 89% bullish. This could be confirmation of a jump in inflation. It will be interesting to see if this trend can continue or if it will be temporary. Stay tuned!

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@BO@AD@CC@FC@LC
@C@BP@DX
@ES@CD
@HG@CL
@LH@EC
@MP1@FV
@NQ@GC
@S@HO
@YM@JY
@NE1
@NG
@PL
@RB
@RTY
@SF
@SI
@SM
@TY
@US
@W
@CT
@KC
@OJ
@SB
924121
24.32%64.86%2.70%5.41%2.70%

Futures Markets Trend Zone EOW 01/29/21

I look for pullback trade set-ups in trending markets and one helpful tool I use is my trend map. I follow 37 markets and break down each market into 5 categories:

double green (very bullish)(5)
single green (bullish)(4)
yellow (neutral or sideways)(3)
single red (bearish)(2)
double red (very bearish)(1)

Here is my futures markets Trend Zone as of Friday’s close. The overall tone of the markets dropped to its lowest bullish rating since October 30th with total bullish markets edging lower from 24 to 19. The most interesting group to me right now are the currency markets. It appears the Dollar could be forming a short term rally as most of the currency markets have gotten a bit overextended. I think this could be the start of a small correction or sideways chop for awhile. There are some strong volume @ price clusters that could prove interesting levels to re-enter these currency markets for a resumption of recent trends. I will be keeping my eye on them.

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@BO@FC@AD@EC@US
@BP@FV@CD@GC@OJ
@C@LC@ES@JY
@CL@LH@HG@MP1
@HO@SI@PL@NG
@NE1@W@SM@SF
@NQ@DX@YM@CC
@RB@SB@TY
@RTY@KC
@S
@CT
118972
29.73%21.62%24.32%18.92%5.41%

Futures Markets Trend Zone EOW 01/22/21

I look for pullback trade set-ups in trending markets and one helpful tool I use is my trend map. I follow 37 markets and break down each market into 5 categories:

double green (very bullish)(5)
single green (bullish)(4)
yellow (neutral or sideways)(3)
single red (bearish)(2)
double red (very bearish)(1)

Here is my futures markets Trend Zone as of Friday’s close. The overall tone of the markets edged up 1 from 23 to 24. Here’s the breakdown:

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@AD@LC@SF@EC@TY
@BO@LH@SI@FV@US
@BP@MP1@FC@GC
@C@W@DX@JY
@CD@KC@CC@NG
@CL@OJ
@ES
@HG
@HO
@NE1
@NQ
@PL
@RB
@RTY
@S
@SM
@YM
@CT
@SB
195562
51.35%13.51%13.51%16.22%5.41%

Futures Markets Trend Zone EOW 01/15/21

I look for pullback trade set-ups in trending markets and one helpful tool I use is my trend map. I follow 37 markets and break down each market into 5 categories:

double green (very bullish)(5)
single green (bullish)(4)
yellow (neutral or sideways)(3)
single red (bearish)(2)
double red (very bearish)(1)

Here is my futures markets Trend Zone as of Friday’s close. The overall tone of the markets drifted slightly away from the bullish side for a second consecutive week. The total markets sporting a 4 or 5 on the spectrum slipped from 29 to 23. However, 57% of the markets I follow are still very bullish. Here’s the breakdown:

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@AD@NG@EC@FC@TY
@BO@KC@LH@FV@US
@BP@SF@GC
@C@SI@JY
@CD@DX@LC
@CL@CC
@ES@OJ
@HG
@HO
@MP1
@NE1
@NQ
@PL
@RB
@RTY
@S
@SM
@W
@YM
@CT
@SB
212572
56.76%5.41%13.51%18.92%5.41%

Futures Markets Trend Zone EOW 01/08/21

I look for pullback trade set-ups in trending markets and one helpful tool I use is my trend map. I follow 37 markets and break down each market into 5 categories:

double green (very bullish)(5)
single green (bullish)(4)
yellow (neutral or sideways)(3)
single red (bearish)(2)
double red (very bearish)(1)

Here is my futures markets Trend Zone as of Friday’s close. There wasn’t much of a shift in the overall market tone as the total bullish markets decreased slightly from 31 to 29. The grain markets are still in parabolic mode and the indexes might be on the same path. Gold and Silver took one on the chin today. It will be interesting to see what happens to those two markets next week. Here’s the breakdown:

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@AD@GC@NG@FC@DX
@BO@JY@KC@FV
@BP@LC@TY
@C@LH@US
@CD@MP1@CC
@CL@SI
@EC@W
@ES@OJ
@HG@SB
@HO
@NE1
@NQ
@PL
@RB
@RTY
@S
@SF
@SM
@YM
@CT
209251
54.05%24.32%5.41%13.51%2.70%