Emini and Forex Trading Update:Tuesday October 29, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up to a new all-time high yesterday. Since yesterday was a Monday, there is also a gap up on the weekly chart. The bulls want a measured move up. Their minimum […]
Market Update Report for the S&P500 Emini (ES) and Forex (EURUSD) will be available to logged-in Brooks Trading Course members at about 6:20am US Pacific Time each day. The update will be available to everyone, including visitors, about 2 hours after market open.
Emini might go sideways into October FOMC
Emini and Forex Trading Update:Monday October 28, 2019 I will update again at the end of the day. Pre-Open market analysis On Friday, the Emini traded above the September high. Since it reversed up from below the September low early in the month, October is now an outside up bar on the monthly chart. That […]
Emini weak buy and sell signals ahead of October FOMC
Emini and Forex Trading Update:Friday October 25, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday triggered a buy signal on the daily chart. However, the day went sideways and formed another trading range day. It closed below its midpoint and it is therefore a sell signal […]
Emini weak entry bar after outside down sell signal bar
Emini and Forex Trading Update:Thursday October 24, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini had an outside down bar on Tuesday. Yesterday triggered the sell signal by going below Tuesday’s low. However, yesterday reversed up and closed on its high. It is therefore a High 1 […]
Emini outside down sell signal bar below September high
Emini and Forex Trading Update:Wednesday October 23, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was an outside down day on the daily chart and it closed near its low. It broke above a 5 day wedge top and reversed down. It is therefore a sell signal bar […]
Emini weak High 1 bull flags on daily and weekly charts
Emini and Forex Trading Update:Tuesday October 22, 2019 I will update again at the end of the day. Pre-Open market analysis Friday was a High 1 bull flag buy signal bar on the daily chart. But Friday had a bear body and it was the 3rd consecutive doji bar. That is a weak buy setup. […]
Emini weak High 1 bull flag buy signal bar
Emini and Forex Trading Update:Monday October 21, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini traded below Thursday’s low on Friday and triggered a sell signal after a 5 day wedge top. Although the Emini sold off strongly, it reversed up midday and the day closed near […]
Emini small wedge top but weak weekly buy signal
Emini and Forex Trading Update:Friday October 18, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini reversed down from above Tuesday’s high yesterday and formed a bear doji bar on the daily chart. It is now a weak sell signal bar for a 5 day wedge top. It […]
Emini inside bar at top of 4 month trading range
Emini and Forex Trading Update:Thursday October 17, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was a trading range day and a small inside day. The bulls see it as a High 1 bull flag buy signal bar. But the 3 week rally has had 3 pushes up. […]
Emini triggered weak October High 1 bull flag buy signal
Emini and Forex Trading Update:Wednesday October 16, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini began yesterday with a bull trend from the open. This then evolved into a trading range after testing above 3,000, last week’s high, and the open of the month. By going above […]