Emini weak buy signal yesterday and back above April high I will update again at the end of the day Pre-Open market analysis The Emini rallied in a trending trading range day yesterday. It was the 2nd day in a bull flag on the daily chart. The odds are that the daily chart will go […]
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 weak buy signal yesterday and back above April high
Emini sell signal and test of 2700 big round number
Intraday market update: May 16, 2018
Emini sell signal and test of 2700 big round number I will update again at the end of the day Pre-Open market analysis The Emini gapped down and triggered a sell signal on the daily chart yesterday. Since yesterday was not a big bear day, it was not a strong sell entry bar. Because yesterday […]
Emini rally hesitating at April high during Israel embassy crisis
Intraday market update: May 15, 2018
Emini rally hesitating at April high during Israel embassy crisis I will update again at the end of the day Pre-Open market analysis The Emini daily chart had an 8 bar rally with shrinking bull bodies for 4 days. The odds were that yesterday would not be a bull trend day. It was a trading […]
Emini pullback from breakout above April high and triangle
Intraday market update: May 14, 2018
Emini pullback from breakout above April high and triangle I will update again at the end of the day Pre-Open market analysis The Emini 5 minute chart reversed down on Friday after breaking above the April high. When there is a breakout on the daily chart, the Emini often goes sideways for a few days […]
Emini triggered monthly buy signal on breakout above April high
Intraday market update: May 11, 2018
Emini triggered monthly buy signal on breakout above April high I will update again at the end of the day Pre-Open market analysis The Emini rallied strongly yesterday and traded above the April high. This triggered a buy signal on the monthly chart. However, after 3 days in a bull channel on the 5 minute […]
Emini buy signal and test of 2700 big round number
Intraday market update: May 10, 2018
Emini buy signal and test of 2700 big round number I will update again at the end of the day Pre-Open market analysis The Emini triggered buy signals on the daily and weekly charts yesterday. It was in a small pullback bull trend, and it tested the 2700 Big Round Number. The rally will probably […]
Emini ignoring Trump pulling out of Iran deal
Intraday market update: May 9, 2018
Emini ignoring Trump pulling out of Iran deal I will update again at the end of the day Pre-Open market analysis By trading below Tuesday’s low on the daily chart, yesterday triggered a sell signal. Yet, Monday was a doji and therefore a weak sell signal. In addition, yesterday was a trading range day and […]
Emini bulls want breakout above 2700 and bull trend resumption
Intraday market update: May 8, 2018
Emini bulls want breakout above 2700 and bull trend resumption I will update again at the end of the day Pre-Open market analysis The Emini had a trading range day yesterday. Since it closed just below the open, it was a bear doji bar on the daily chart. There was therefore no follow-through buying after […]
Strong Emini rally triggered buy signal after unemployment report
Intraday market update: May 7, 2018
Strong Emini rally triggered buy signal after unemployment report I will update again at the end of the day Pre-Open market analysis Friday was the entry bar on the daily chart for a big High 2 bull flag. It was a strong bull bar, but the bulls need follow-through buying this week. The rally increases […]
Emini buy signal bar on daily chart at 2600 Big Round Number
Intraday market update: May 4, 2018
Emini buy signal bar on daily chart at 2600 Big Round Number I will update again at the end of the day Pre-Open market analysis Yesterday reversed up from below last week’s low and the 2600 Big Round Number. It is a buy signal bar for today. Furthermore, it is a High 2 bull flag […]