Emini and Forex Trading Update:Tuesday June 18, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini formed a 4th consecutive doji bar in a tight trading range. The daily chart is in Breakout Mode ahead of Wednesday’s FOMC meeting. Consequently, the odds of a bull breakout and of […]

Emini and Forex Trading Update:Monday June 17, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini has been sideways in a tight trading range. Last week’s candlestick pattern was a perfect doji bar on the weekly chart. That is neutral. Traders are waiting for Wednesday’s FOMC announcement before […]

Emini and Forex Trading Update:Friday June 14, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday traded above Wednesday’s high and triggered a buy signal. However, Wednesday had a bear body and Tuesday was a big outside down day. This is a weak buy setup. Furthermore, the 6 day […]

Emini and Forex Trading Update:Thursday June 13, 2019 I will update again at the end of the day. Pre-Open market analysis Tuesday was an outside down bar on the daily chart. It is a sell signal bar for a double top with the May 16 high. Yesterday triggered the sell signal by trading below Tuesday’s […]

Emini and Forex Trading Update:Wednesday June 12, 2019 I will update again at the end of the day. Pre-Open market analysis I have been saying since the weekend that there would be a pullback this week. This is because the Emini was testing the major May 16 lower high. Furthermore, there was a parabolic wedge […]

Emini and Forex Trading Update:Tuesday June 11, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini reversed down yesterday from above the May 16 high and 2900. There is now a double top bear flag on the daily chart. Yesterday is the sell signal bar for today. But […]

Emini and Forex Trading Update:Monday June 10, 2019 I will update again at the end of the day. Pre-Open market analysis Last week formed an exceptionally big outside up bar on the weekly chart. It is a buy signal bar for this week. Because it is a big bar, the stop for the bulls is […]

Emini and Forex Trading Update:Friday June 7, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini has rallied for 4 days from just above the gap above the February 11 high. The bulls hope this is a resumption of the 2019 bull trend. Today is Friday. This week […]

Emini and Forex Trading Update:Thursday June 6, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini sold off and then rallied yesterday from an Opening Reversal up from the May 13 low. It was a trading range day. There are only 2 trading days left to the week. […]

Emini and Forex Trading Update:Wednesday June 5, 2019 I will update again at the end of the day. Pre-Open market analysis I said over the weekend and on Monday that the Emini would probably rally this week. After 4 weeks in a tight bear channel with 4 legs down, the odds favored several days up. […]