Emini and Forex Trading Update:Wednesday November 18, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini pulled back yesterday, but reversed up from below Tuesday’s low. It is therefore a buy signal bar for today. However, the bull body was small on the daily chart, and that is […]
Market Update Report for the S&P500 Emini (ES) will be available to logged-in Brooks Trading Course members within 1-2 hours after US market open each day. The update will be available to everyone, including visitors, about 2 hours or more after market open.
Emini testing last week’s all-time high on Moderna’s news
Emini and Forex Trading Update:Tuesday November 17, 2020 I will update again at the end of the day. Pre-Open market analysis Most of the days for 3 weeks either closed near their midpoints or their opens. This is uncommon in bull trends that go a long way. However, both Friday and yesterday closed on their […]
Emini has big gap up on Moderna vaccine news
Emini and Forex Trading Update:Monday November 16, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini on Friday reversed up from a micro double bottom. It triggered a weak High 2 bull flag buy signal. However, before the open today, Moderna announced that its vaccine is 94% effective. […]
Emini has 60 minute Final Bull Flag just below 3500
Emini and Forex Trading Update:Friday November 13, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini formed a bear bar on the daily chart yesterday, but it closed in the middle of the day’s range, like most of the days over the past 2 weeks. The bears want […]
Emini closed yesterday above September all-time highest close
Emini and Forex Trading Update:Thursday November 12, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday was a small bull day that closed near its high, but just below the September high. Yesterday’s close was just above the September 2 close, and therefore it was a new […]
Emini weak High 1 buy signal after strong reversal down from above September high
Emini and Forex Trading Update:Wednesday November 11, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday reversed down from a new all-time high and closed below the September all-time high. It did not close at a new all-time high. The selloff fell to below last week’s high. […]
Emini bulls need follow-through buying after huge November gap up
Emini and Forex Trading Update:Tuesday November 10, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini broke far above the all-time high yesterday. This created a gap up on the daily and weekly charts. However, while the day was up about 1.4%, it was a big bear bar […]
Emini breakout to new high on news that Pfizer vaccine is 90% effective
Emini and Forex Trading Update:Monday November 9, 2020 I will update again at the end of the day. Pre-Open market analysis A couple hours before the open today, an announcement on Pfizer vaccine being 90% effective was made. The Emini raced up 4% to a new high. Will the rally reach 3884.00, the measured move […]
Emini should break above September/October bear trend line
Emini and Forex Trading Update:Friday November 6, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday was the 5th day in the rally from the double bottom on the daily chart. It stalled at the bear trend line from the September and October highs. If it turns down from […]
Emini profit taking likely after huge November bull trend reversal
Emini and Forex Trading Update:Thursday November 5, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini had another big rally again yesterday. But, like each of the prior 4 days, it closed in the middle of the day’s range. Many bulls are exhausted and have huge profits, and […]
