Emini and Forex Trading Update:Tuesday February 4, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday had huge moves up and down, but it did not break above Friday’s high or below Friday’s low. It was therefore an inside day. Furthermore, it was the 6th day in a developing […]
January ends with extreme buy and sell climaxes in Emini
Emini and Forex Trading Update:Monday February 3, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini sold off strongly on Friday after Thursday’s strong rally. January closed near its low. It is a sell signal bar on the monthly chart. The sell signal will probably trigger early this […]
Emini might form weak monthly sell signal bar in January
Emini and Forex Trading Update:Friday January 31, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday closed near its high. It is a buy signal bar on the daily chart for a micro double bottom in a bull trend. I wrote this week that the Emini might have to […]
Emini Low 1 bear flag sell signal as January ends
Emini and Forex Trading Update:Thursday January 30, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini rallied for a 2nd day yesterday. The high got to within 7 points of the 3300 Big Round Number. I talked about how that was an important price in mid-January and therefore […]
Emini in pullback ahead of January FOMC announcement
Emini and Forex Trading Update:Wednesday January 29, 2020 I will update again at the end of the day. Pre-Open market analysis As I said was likely, yesterday rallied. The Emini was briefly oversold and many bears bought back their shorts. Yesterday is a buy signal bar for today. However, the odds still favor a 2nd […]
Emini short covering bounce up from open of month
Emini and Forex Trading Update:Tuesday January 28, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday opened with a huge gap down. Because that made the Emini oversold, many bears took profits and aggressive bulls bought. After a rally on the open, the Emini went sideways for the rest […]
Emini January buy climax has daily and weekly sell signals
Emini and Forex Trading Update:Monday January 27, 2020 I will update again at the end of the day. Pre-Open market analysis Friday was an outside down day after a credible minor top on the daily chart on Wednesday. Remember, 2 weeks ago, I said that t 5% correction was likely to begin within 3 weeks. […]
Emini pausing on weekly chart late in January buy climax
Emini and Forex Trading Update:Friday January 24, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini triggered a sell signal on the daily chart yesterday by trading below Wednesday’s low. However, after an early selloff, it reversed up. It was a 1 day pullback in a bull trend […]
Emini dojis bars represent loss of momentum in January rally
Emini and Forex Trading Update:Thursday January 23, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini made another new high yesterday, but it sold off after the 1st hour. Yesterday is a sell signal bar for today. It formed a Low 2 top with Friday. As I wrote […]
Emini micro double top in January buy climax
Emini and Forex Trading Update:Wednesday January 22, 2020 I will update again at the end of the day. Pre-Open market analysis Over the weekend, I said that this week would probably not form a big bull bar on the weekly chart. That is because the past 2 weeks were big bull bars. A 3rd one […]
