Futures Markets Trend Zone EOW 12/04/20

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 a slight drop from 28 to 26 markets sporting a 4 or a 5 on the spectrum. However, the most bullish increased from 16 to 21. This is the most bullish this basket of markets have collectively been in 3 months. This continues to be a risk on market right now. Gold, last weeks most interesting market, saw a rally into potential resistance. It traded just inside an area that used to be strong support. The change of polarity concept could turn this area into resistance. The 1851-1882 zone on the continuation chart could prove to be very interesting. This weeks biggest mover is Sugar. It moved down 3 slots from very bullish (5) to bearish (2). This is a bit odd as the chart still looks in good shape. I wouldn’t be ready to call this a trend change yet. Most likely, Sugar could move into a consolidation period. Keep an eye on it.

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@AD@JY@SM@FV@GC
@BO@LC@CT@SI@NG
@BP@LH@TY@DX
@C@SF@US
@CC@KC@W
@CD@SB
@CL
@EC
@ES
@FC
@HG
@HO
@MP1
@NE1
@NQ
@OJ
@PL
@RB
@RTY
@S
@YM
215263
56.76%13.51%5.41%16.22%8.11%

Futures Markets Trend Zone EOW 11/27/20

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 we continued to see 28 markets sporting a 4 or a 5 on the spectrum. However, the most bullish increased from 12 to 16. This truly is a risk on market right now. The most interesting market to me right now is Gold. It is now double red, which is very bearish. This is the first time Gold has been double red since I starting posting my trend zones back on 7/31/20. I will be writing an article about Gold later this weekend. Keep an eye out for it.

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@AD@CD@FV@LH@GC
@BO@CL@TY@NG@DX
@BP@EC@US@SI
@C@FC@W
@CC@JY
@ES@LC
@HG@NQ
@HO@PL
@MP1@RB
@NE1@SF
@OJ@CT
@RTY@KC
@S
@SB
@SM
@YM
1612342
43.24%32.43%8.11%10.81%5.41%

Futures Markets Trend Zone EOW 11/20/20

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 another jump higher in bullish markets. We went from 23 markets sporting a 4 or a 5 up to 28. That means an incredible 76% of the markets I follow are slightly bullish to bullish. The biggest mover was Cocoa (CC). It moved up 3 slots from bearish to very bullish. However, this big move higher is related to a big purchase by Hershey. I would avoid this market as volatility will surely increase and Cocoa often makes dramatic falls during huge spikes higher.

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@BO@AD@US@FV
@C@BP@GC
@ES@CD@LH
@HG@CL@NG
@MP1@EC@SI
@NE1@FC@TY
@RTY@HO@W
@S@JY@DX
@SM@LC
@YM@NQ
@OJ@PL
@SB@RB
@SF
@CC
@KC
@CT
1216180
32.43%43.24%2.70%21.62%0.00%

Futures Markets Trend Zone EOW 11/13/20

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 was just a hold on last week with a couple more markets joining the bullish side of the spectrum. We went from 20 markets sporting a 4 or a 5 up to 23. However, no moves up or down on the spectrum caught my eye this week.

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@BO@AD@JY@FV
@C@BP@LH@GC
@MP1@CD@W@NG
@NE1@CL@SI@SF
@RTY@EC@KC@TY
@S@ES@CT@US
@SB@HG@CC
@SM@FC@DX
@HO
@LC
@NQ
@PL
@RB
@YM
@OJ
815680
21.62%40.54%16.22%21.62%0.00%

Futures Markets Trend Zone EOW 11/06/20

 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. Election week brought a resumption of the trends we were seeing over the summer. We went from 13 markets sporting a 4 or a 5 on the spectrum up to 20. Will we see continuation, small pull backs, or big reversals? The next couple weeks should set up the next few months.

Market Mover: FC (Feed Cattle) made the biggest move. It went from a 1 (very bearish) to a 4 (bullish). Keep on eye on this one.

Double_GreenSingle_GreenYellowSingle_RedDouble_Red
Very_Bullish (5)Bullish (4)Neutral (3)Bearish (2)Very_Bearish (1)
@C@AD@LH@CL@CC
@JY@BO@NG@FV@KC
@MP1@BP@W@RB
@S@CD@HO@TY
@SB@ES@PL@DX
@SM@EC@LC@US
@FC@SI
@GC@YM
@HG@CT
@NE1
@NQ
@RTY
@SF
@OJ
614962
16.22%37.84%24.32%16.22%5.41%