Monthly S&P500 Emini futures candlestick chart:Testing buy climax high The monthly S&P500 Emini futures candlestick chart has a big bull trend bar this month. The bulls need consecutive strong bull bars before traders will believe that the bull trend is resuming. The monthly S&P500 Emini futures candlestick chart has had a 4 month rally after […]
If you are not seeing the latest Weekly Report below, your PC/device browser is likely showing you an earlier page copy. Simply refresh your browser. For PCs you can use the F5 key, or Ctrl-F5, several times if needed.
Emini 2800 double top or breakout to new all-time high?
Emini testing key resistance at 2800 Big Round Number
Intraday market update: July 13, 2018
Emini testing key resistance at 2800 Big Round Number I will update again at the end of the day. Pre-Open market analysis The Emini broke above the 2800 Big Round Number for the 1st time since March. However, the March 13 high of 2811.00 is much more important. It is the top of the 6 […]
Emini island top and weekly gap below
Intraday market update: July 12, 2018
Emini island top and weekly gap below I will update again at the end of the day. Pre-Open market analysis Because the Emini gapped down yesterday after Tuesday’s gap up, it formed a one day island top. If it were to gap down again today, it would form a 3 day island top. This is […]
Emini 60 minute parabolic wedge buy climax below March high
Intraday market update: July 11, 2018
Emini 60 minute parabolic wedge buy climax below March high I will update again at the end of the day. Pre-Open market analysis Yesterday had a small range and was sideways. The 3 day rally is losing momentum now that it is near the top of the 6 month range. This reduces the chance of […]
Emini testing 2800 top of 6 month trading range
Intraday market update: July 10, 2018
Emini testing 2800 top of 6 month trading range I will update again at the end of the day. Pre-Open market analysis Yesterday was a small bull day. It therefore was follow-through buying after Friday’s breakout above June’s bear channel. This increases the chance of a test of the June 13 high of 2796.00 and […]
Emini brief July rally from head and shoulders bottom
Intraday market update: July 9, 2018
Emini brief July rally from head and shoulders bottom I will update again at the end of the day. Pre-Open market analysis The Emini broke above the neck line of a head and shoulders bottom on the 60 minute chart. Since the breakout went far above, the odds are that there will be at least […]
Emini small summer rally likely despite China trade war
Emini weekend update: July 7, 2018
Monthly S&P500 Emini futures candlestick chart:Weak rally after buy climax July so far on the monthly S&P500 Emini futures candlestick chart is a small bull bar. The 3 month rally has been weak and more sideways trading is likely. The monthly S&P500 Emini futures candlestick chart has been sideways for 6 months. This follows the […]
Emini 60 minute head and shoulders bottom for minor summer rally
Intraday market update: July 6, 2018
Emini 60 minute head and shoulders bottom for minor summer rally I will update again at the end of the day. Pre-Open market analysis The Emini reversed up yesterday on the 5 minute chart. Today was the 1st breakout above a lower high on the 60 minute chart in a month. It has been forming […]
Emini 60 minute head and shoulders bottom despite China trade war
Intraday market update: July 5, 2018
Emini 60 minute head and shoulders bottom despite China trade war I will update again at the end of the day. Pre-Open market analysis The Emini has been sideways for 2 weeks. But, it is forming another higher low. On the 60 minute chart, Monday was a higher low major trend reversal after Thursday’s lower […]
Emini bear leg in trading range after weak June wedge top
Emini weekend update: June 30, 2018
Monthly S&P500 Emini futures candlestick chart:Lower high and doji bar in bull flag The monthly S&P500 Emini futures candlestick chart in June was a doji bar. It is therefore a neutral bar and a low probability sell signal bar for July. The bull flag now has 5 bars. The monthly S&P500 Emini futures candlestick chart […]