Emini and Forex Trading Update:Friday May 10, 2019 I will update again at the end of the day. Pre-Open market analysis There were strong bull days on Thursday and Friday last week. However, the Emini yesterday opened near Friday’s low and sold off to test the 2800 Big Round Number. A bear break below a […]
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 micro double bottom after closing gap above March 29 high
Emini and Forex Trading Update:Monday May 13, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini had a big outside up day on Friday. This was after Thursday’s bull reversal after closing the Gap above the March 29 high. After May 1 formed a consecutive outside down sell […]
Emini in breakout mode ahead of Trump Chinese tariff announcement
Emini and Forex Trading Update:Thursday May 9, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was a weak follow-through day for the bulls. On Tuesday, they had a strong reversal up after a dip below the March high. But yesterday’s rally had a lot of trading range price […]
Emini selloff testing March breakout point and gap
Emini and Forex Trading Update:Wednesday May 8, 2019 I will update again at the end of the day. Pre-Open market analysis I have been saying for several weeks that the Emini probably had to pull back below the March 21 high. This is because the Emini pulled back below breakout points several times this year. […]
Emini High 2 bull flag but still on oo top sell signal
Emini and Forex Trading Update:Tuesday May 7, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday opened with a huge gap down, but the Emini reversed up and formed a big bull trend day. In part, the rally was from bears who were relieved to finally have a profit. […]
Emini consecutive outside bars minor top at all-time high
Emini and Forex Trading Update:Monday May 6, 2019 I will update again at the end of the day. Pre-Open market analysis I wrote last week that there were consecutive outside bars on the daily chart. I said that it would probably lead to a couple legs of sideways to down trading over the next 2 […]
Emini oo sell signal after consecutive outside bars
Emini and Forex Trading Update:Friday May 3, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini sold off sharply early yesterday, but reversed up from a parabolic wedge sell climax at the 20 day EMA. On the daily chart, it closed with a small bear body. It is […]
Emini exact test of all-time high after FOMC announcement
Emini and Forex Trading Update:Thursday May 2, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini rallied yesterday up to the all-time high before and again after the FOMC report. It exactly hit 2956.00 twice and turned down both times. Yesterday was an outside down day after Tuesday’s […]
Emini High 1 bull flag at all-time high on FOMC day
Emini and Forex Trading Update:Wednesday May 1, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini reversed down on Monday and up yesterday. It closed just below Monday’s high and was almost an outside up day. Yesterday is therefore a buy signal bar for today. With it just […]
Emini testing all-time high ahead of May FOMC report
Emini and Forex Trading Update:Tuesday April 30, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday continued Friday’s weak rally until late. It then reversed down to close near the open and low. Yesterday became a bear trend reversal day on the daily chart. Consequently, it is […]
