Emini weekly buy signal bar but at resistance I will update again at the end of the day. Pre-Open market analysis Last week was a bull doji doji inside bar on the weekly chart. Since it followed a strong 4 week rally, last week is a buy signal bar on the weekly chart. But, it […]

4th day in pullback from Emini parabolic wedge buy climax I will update again at the end of the day. Pre-Open market analysis Yesterday was a trading range day and an inside day. It is the 3rd bar in a tight trading range after a parabolic wedge buy climax. Traders are deciding whether a 2 […]

Emini Endless Pullback after January parabolic wedge rally I will update again at the end of the day. Pre-Open market analysis The Emini sold off on the open yesterday. It then reversed up from below the prior day’s low. However, it closed with a bear body on the daily chart. In addition, it mostly overlapped […]

Emini endless pullback from parabolic wedge buy climax I will update again at the end of the day. Pre-Open market analysis As I said before yesterday’s open, there is a parabolic wedge buy climax on the daily chart. It most often leads to an Endless Pullback. This is a small bull flag that keeps adding […]

Emini parabolic buy climax testing top of December sell climax I will update again at the end of the day. Pre-Open market analysis The Emini has rallied strongly in a tight bull channel for 4 weeks. There are 3 legs up in the channel. This is therefore a parabolic wedge buy climax. The Emini is […]

Emini ioi Breakout Mode setup testing 2018 range bottom I will update again at the end of the day. Pre-Open market analysis The Emini formed an inside day on Friday. Thursday was an outside day. This is an ioi inside-outside-inside pattern on the daily chart, which is a Breakout Mode setup. It is both a […]

Emini outside up day after failed Low 2 top I will update again at the end of the day. Pre-Open market analysis Yesterday triggered a Low 2 sell signal on the daily chart. But, the bulls then rallied to above yesterday’s high and created an outside up day. This is a sign of strength. However, […]

Emini rally weakening in sell zone above February low I will update again at the end of the day. Pre-Open market analysis The Emini broke above another resistance level yesterday by going above the December 12 low. Since November was a bull doji on the monthly chart, it was a weak sell signal. Consequently, the […]

Emini January rally in sell zone despite buying pressure I will update again at the end of the day. Pre-Open market analysis The Emini again reversed up at the February low yesterday. The bulls want the 3 week rally to continue to a new all-time high. Even if that were to happen, there will probably […]

Emini now in sell zone at resistance of the February low I will update again at the end of the day. Pre-Open market analysis Yesterday rallied strongly on the open to close back above the February low. Back on December 24 at the bear low, I said this was likely to happen. But, I said […]