Futures Market Trend Zone

Futures Markets Trend Zone EOW 8/7/20

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:

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

Here is my futures markets Trend Zone as of Friday's close.  If a market is in bold, then it has moved higher on the bearish (1) to bullish (5) spectrum.  If a market is in italics, then it has moved lower on the bullish (5) to bearish (1) spectrum.

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

The overall temperature is still bullish with 27 of 37 markets sporting a 4 or 5 on the spectrum.

Futures Markets Trend Map

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:

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

Here's my futures markets trend map as of Friday's close.

double green single green yellow single red double red
very bullish bullish neutral bearish very bearish
@AD @JY @CL @C @DX
@BO @LH @HO @OJ
@BP @MP1 @RB
@CD @NG
@EC @RTY
@ES @SM
@FC @W
@FV @YM
@GC @CT
@HG @CC
@KC @SB
@LC
@NE1
@NQ
@PL
@S
@SF
@SI
@TY
@US

As you can see, the majority of markets are currently in a bullish environment.