Emini reversed last week’s outside down bar and again at 2800 I will update again at the end of the day. Pre-Open market analysis The Emini rallied for the 4th day yesterday to just above last week’s high. It has now totally erased that selloff. I have been writing for the past 2 months that […]

Emini testing 2800 and top of 60 minute wedge I will update again at the end of the day. Pre-Open market analysis The Emini spent most of yesterday in a trading range. It tested the March 5 top of the wedge bear channel on the 60 minute chart. The bulls want a strong breakout above […]

Emini strong reversal up to 2800 after gap test I will update again at the end of the day. Pre-Open market analysis I wrote before yesterday’s open that the wedge bottom on the 60 minute chart would probably lead to a rally yesterday. The reversal up was from a test of the February 12 gap. […]

Emini outside down week at 2800 is sell signal bar I will update again at the end of the day. Pre-Open market analysis Last week was an outside down week on the weekly chart. It turned down from the 2800 Big Round Number and the October-November-December triple top. The odds favor at least a 2 […]

Emini outside down week is starting pullback I will update again at the end of the day. Pre-Open market analysis During yesterday’s strong selloff, I said that there would probably be a reversal up yesterday or today. Yesterday’s early reversal failed, but the bulls will likely try again today. This is because this week is […]

Emini profit taking at 2800 and triple top I will update again at the end of the day. Pre-Open market analysis Yesterday sold off, but held just above Monday’s low and last week’s low. The bulls hope that the selloff was a test of those lows. They therefore want a micro double bottom on the […]

Emini has ioi breakout mode pattern near 2800 I will update again at the end of the day. Pre-Open market analysis After Monday being a huge outside day that closed in its middle, yesterday was likely to be an inside day. And it was. An inside day after an outside day creates an ioi (inside-outside-inside) […]

Emini outside down week in 10 week bull micro channel I will update again at the end of the day. Pre-Open market analysis Yesterday traded above Friday’s high and above last week’s high. It sold off below Friday’s low and last week’s low. Therefore, yesterday was an outside down bar on the daily chart. In […]

Emini 9 week bull bar streak converting into small pullback I will update again at the end of the day. Pre-Open market analysis On the weekly chart, the bears finally got their 1st bear bar after a streak of 9 consecutive bull bars. In the 20 year history of the Emini, there have been many […]

Emini streak might reach 10 consecutive weeks up I will update again at the end of the day. Pre-Open market analysis Today is the 1st day of March. January and February were strongly bullish. The bulls want the rally to continue throughout March. Today is also the last day of the week. The 2808.00 open […]