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:

Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)

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