Trading Update: Friday October 15, 2021 Emini pre-open market analysis Emini daily chart There are 2 things that traders are watching most closely. The first is the 50-day moving average (MA). The Emini is now above 50-day MA. Next is the trading range that began with the September 20 low. I have been saying for […]
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.
SP500 Emini setups
For Wednesday October 13, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
Emini in middle of September/October trading range
Trading Update: Wednesday October 13, 2021 Emini pre-open market analysis Emini daily chart Trading range since September 20 low. There is a lower low double bottom (September 20/October 4) and a lower high double top (September 23/October 7). In middle of September/October trading range. Breakout Mode, which means 50% chance of successful bull breakout and […]
SP500 Emini setups
For Monday October 11, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
Emini weak High 1 buy signal but in middle of 4-month trading range
Trading Update: Monday October 11, 2021 Emini pre-open market analysis Emini daily chart Friday triggered a weak Low 2 sell signal. With Friday closing near its low, there is an increased chance of at least slightly lower prices today. Bears want gap down today or this week so that there would be an island top […]
Emini reversed down from 50-day MA after reversing up from 100-day MA
Trading Update: Friday October 8, 2021 Emini pre-open market analysis Emini daily chart Big gap up yesterday, creating a 7-day island bottom with the September 23 gap down. If it gaps down today, yesterday will be a 1-day island top. It is important to note that most island tops and bottoms are minor signals. Emini […]
SP500 Emini setups
For Wednesday October 6, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
Emini in tight trading range at bottom of 3-month trading range
Trading Update: Wednesday October 6, 2021 Emini pre-open market analysis Emini daily chart Emini rallied yesterday, as I said was likely. The Emini turned up from a double bottom with the September 20 low and from the bottom of a 2-month Emini tight trading range. It is also reversing up from the 100-day MA and […]
SP500 Emini setups
For Monday October 4, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
Emini has weak buy signal at bottom of 2-month trading range
Trading Update: Monday October 4, 2021 Emini pre-open market analysis Emini daily chart Friday was a big bull reversal bar. It was the 2nd reversal up from below the August trading range. There is now a lower low double bottom with the September 30 low. A 2-month trading range. However, Friday had a big tail […]