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%

Futures Markets Trend Zone EOW 12/31/20

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:

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 Thursday’s close. This past week was a short one again due to the end of the year holiday, but the basket of markets I watch sure closed with a bang. The total bullish markets increased to 31. Here’s the overall breakdown to end the year: 59% are very bullish, 24% are bullish, 8% are neutral, 3% are bearish, and 6% are very bearish. This past year was a wild one and 2021 could prove to be just as interesting. Happy New Year!

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@AD@FV@FC@US@NG
@BO@GC@CC@DX
@BP@JY@OJ
@C@LC
@CD@LH
@CL@SI
@EC@TY
@ES@W
@HG@SB
@HO
@MP1
@NE1
@NQ
@PL
@RB
@RTY
@S
@SF
@SM
@YM
@CT
@KC
229312
59.46%24.32%8.11%2.70%5.41%

Futures Markets Trend Zone EOW 12/24/20

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:

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 Thursday’s close. This past week was a short one due to the Christmas holiday and there was not much movement. The total bullish markets remained at 29. The upcoming week is the last of 2020. It could prove interesting even with a short trading week.

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@AD@BP@LH@US@NG
@BO@FV@TY@CC@DX
@C@GC@SB@OJ
@CD@JY
@CL@LC
@EC@SI
@ES@W
@FC
@HG
@HO
@MP1
@NE1
@NQ
@PL
@RB
@RTY
@S
@SF
@SM
@YM
@KC
@CT
227332
59.46%18.92%8.11%8.11%5.41%

Futures Markets Trend Zone EOW 12/18/20

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:

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. This past week saw my basket of markets move back to the upper range of where they’ve been the past few weeks. The total bullish markets moved up from 21 to 29. We continue to see a risk on move into years end. A quick follow-up on Gold…last week I mentioned Gold found stiff resistance between 1851 and 1882. But, it was still closer to the upper range of this zone than the recent lows of 1767.20. I thought this week could provide some clues on Gold’s next move. Well, we got a strong upside breakout which stalled into the first of two volume @ price resistance clusters. Check this tweet from yesterday here for more information.

Two markets that could prove interesting into the end of the year are the Euro and Copper. Both are trading inside volume @ price resistance clusters. The Euro cluster goes back two years, while the Copper cluster goes back to 2011. Both could have trouble clearing this range without a big correction.

Happy Holidays!

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@AD@FC@TY@LH@NG
@BO@FV@US@DX
@BP@GC@CC
@C@JY@OJ
@CD@LC@SB
@CL@SI
@EC@W
@ES
@HG
@HO
@MP1
@NE1
@NQ
@PL
@RB
@RTY
@S
@SF
@SM
@YM
@KC
@CT
227152
59.46%18.92%2.70%13.51%5.41%