Emini outside up day after failed Low 2 top I will update again at the end of the day. Pre-Open market analysis Yesterday triggered a Low 2 sell signal on the daily chart. But, the bulls then rallied to above yesterday’s high and created an outside up day. This is a sign of strength. However, […]

Emini rally weakening in sell zone above February low I will update again at the end of the day. Pre-Open market analysis The Emini broke above another resistance level yesterday by going above the December 12 low. Since November was a bull doji on the monthly chart, it was a weak sell signal. Consequently, the […]

Emini January rally in sell zone despite buying pressure I will update again at the end of the day. Pre-Open market analysis The Emini again reversed up at the February low yesterday. The bulls want the 3 week rally to continue to a new all-time high. Even if that were to happen, there will probably […]

Emini now in sell zone at resistance of the February low I will update again at the end of the day. Pre-Open market analysis Yesterday rallied strongly on the open to close back above the February low. Back on December 24 at the bear low, I said this was likely to happen. But, I said […]

Emini triggered weekly buy signal but still likely bear rally I will update again at the end of the day. Pre-Open market analysis Last week broke above and closed above the high of the week before. That triggered a buy signal on the weekly chart. However, there is resistance around the February and October lows […]

Emini pullback from strong December sell climax reversal I will update again at the end of the day. Pre-Open market analysis Yesterday sold off on the open, but then formed a big trading range day. The selloff was in a bear channel, which is a bull flag. The odds favor a bull breakout of the […]

Emini outside up in minor reversal from sell climax I will update again at the end of the day. Pre-Open market analysis Yesterday gapped down below Monday’s low. That triggered a weak Low 1 sell signal on the daily chart. As was likely, there were buyers below. Yesterday rallied above Monday’s high, forming an outside […]

Emini bear rally in January after December sell climax I will update again at the end of the day. Pre-Open market analysis Monday formed an inside day on the daily chart. It did not trigger the sell signal on the daily chart by going below Friday’s low. Likewise, it did not trigger the weekly buy […]

Emini weekly buy signal bar on New Year’s Eve I will update again at the end of the day. Friday was a bear bar on the daily chart after a 2 day pullback from a sell climax. It is therefore a sell signal bar in the bear rally. However, the 2 day rally was very […]

Emini sell signal bar but after sell climax I will update again at the end of the day. Pre-Open market analysis Yesterday was a 2nd consecutive big bull trend day after an extreme sell climax down to the monthly bull trend line. This increases the chance of higher prices. In addition, the bears will want […]