For Wednesday July 7, 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 […]
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.
Emini bull streak evolving into trading range
Trading Update: Wednesday July 7, 2021 Emini pre-open market analysis Emini daily chart Yesterday’s low was below Thursday’s low so daily chart finally had a pullback after 11-day bull micro channel. Pulled back below 60-minute 20-bar EMA for 1st time in 70 bars so that Emini bull streak ended as well. Traders were willing to […]
Emini with 11-bar bull micro channel in early July
Trading Update: Tuesday July 6, 2021 Emini pre-open market analysis Emini daily chart 11-bar bull micro channel (every low at or above low of prior day). 60-minute chart has 69 bars above EMA so buy climax. Both are unusual and therefore unsustainable and buy climaxes. Should get a pullback this week. Since strong bull trend, […]
Emini June bull streaks should end soon
Trading Update: Friday July 2, 2021 Emini pre-open market analysis Emini daily chart Broke above 4,300 Big Round Number yesterday for the 1st time. Market has stalled at every Big Round Number over the past year, except 4,000. This increases the chance of at least a couple sideways days next week. Yesterday was the 10th […]
SP500 Emini trade setups
For Wednesday June 30, 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 8-day bull micro channel at end of June
Trading Update: Wednesday June 30, 2021 Emini pre-open market analysis Emini daily chart I have been saying since last Monday that the Emini was likely to be strongly up through the 4th of July. It could reach the 4,400 measured move target before there is a correction. The past 5 days were small, but each […]
SP500 Emini trade setups
For Monday June 28, 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 rallying into the end of June
Trading Update: Monday June 28, 2021 Emini pre-open market analysis Emini daily chart Emini rallying all 5 days last week and broke out to new all-time high. Last week of June tends to be up. There often is end-of-the-quarter window dressing and euphoria before the holiday. 6-day bull micro channel so might get 1- or […]
SP500 Emini trade setups
For Thursday June 24, 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 late June rally should break to new high
Trading Update: Thursday June 24, 2021 Emini pre-open market analysis Emini daily chart After 2 big bull days, yesterday was likely to pause, and it did. It was a small bear doji bar. The Emini might pull back for a day or two, but traders should expect a break to new high. Yesterday is a […]