Trading Update: Wednesday October 13, 2021 Emini pre-open market analysis Emini daily chart Trading range since September 20 low. There is a lower low double bottom (September 20/October 4) and a lower high double top (September 23/October 7). In middle of September/October trading range. Breakout Mode, which means 50% chance of successful bull breakout and […]
SP500 Emini setups
For Monday October 11, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
Emini weak High 1 buy signal but in middle of 4-month trading range
Trading Update: Monday October 11, 2021 Emini pre-open market analysis Emini daily chart Friday triggered a weak Low 2 sell signal. With Friday closing near its low, there is an increased chance of at least slightly lower prices today. Bears want gap down today or this week so that there would be an island top […]
Emini reversed down from 50-day MA after reversing up from 100-day MA
Trading Update: Friday October 8, 2021 Emini pre-open market analysis Emini daily chart Big gap up yesterday, creating a 7-day island bottom with the September 23 gap down. If it gaps down today, yesterday will be a 1-day island top. It is important to note that most island tops and bottoms are minor signals. Emini […]
SP500 Emini setups
For Wednesday October 6, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
Emini in tight trading range at bottom of 3-month trading range
Trading Update: Wednesday October 6, 2021 Emini pre-open market analysis Emini daily chart Emini rallied yesterday, as I said was likely. The Emini turned up from a double bottom with the September 20 low and from the bottom of a 2-month Emini tight trading range. It is also reversing up from the 100-day MA and […]
SP500 Emini setups
For Monday October 4, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
Emini has weak buy signal at bottom of 2-month trading range
Trading Update: Monday October 4, 2021 Emini pre-open market analysis Emini daily chart Friday was a big bull reversal bar. It was the 2nd reversal up from below the August trading range. There is now a lower low double bottom with the September 30 low. A 2-month trading range. However, Friday had a big tail […]
Emini 7 consecutive bull bar streak on monthly chart ended in September
Weekend report co-author Andrew A. Market Overview: Weekend Market Analysis The SP500 Emini futures contract ended its 7 consecutive bull bars streak on monthly chart with an outside down bear bar in September. This will probably result in at least a couple months of sideways to down trading, but a pullback and then a new high is […]
Emini September rally needs to continue to avoid forming a lower high
Trading Update: Thursday September 23, 2021 Emini pre-open market analysis Emini daily chart Big reversal up after big reversal down creates big confusion. That typically results in a trading range. Increased chance of a trading range over the next couple weeks. A trading range usually has at least a double top and a double bottom. […]
