Emini ioi breakout mode after October parabolic wedge sell climax I will update again at the end of the day. Pre-Open market analysis The Emini formed an inside day yesterday. There is therefore an ioi Breakout Mode setup on the daily chart. But, the extreme parabolic wedge bottom on the daily chart makes a relief […]

Emini outside down bar in parabolic wedge sell climax I will update again at the end of the day. Pre-Open market analysis I have been saying since Friday that the 8 day bear micro channel probably would end today or tomorrow. By today trading above Friday’s high, there is now a pullback and the micro […]

Emini wedge bottom and bear micro channel sell climax I will update again at the end of the day. Financial Market Overview Everything is short-term overdone. I wrote in my weekend blog that the odds are that a rally would probably begin early this week. The high of every day for the past 7 days […]

Emini sell climax with consecutive closes below the 2017 close I will update again at the end of the day. Pre-Open market analysis The Emini reversed up in a bull channel yesterday, but collapsed late to end the day again below last year’s close. This is the 2nd consecutive close below that key price and […]

Emini October selloff erased all of 2018 gains I will update again at the end of the day. Pre-Open market analysis I said at the close of Tuesday and again on yesterday morning that there were 2 problems with Tuesday’s rally. First, the 5 minute chart lacked consecutive big bull bars closing on their highs. […]

Emini weak reversal up from close of 2017 I will update again at the end of the day. Pre-Open market analysis Yesterday formed a good buy signal bar on the daily chart. It reversed up from below the sell climax low from 2 weeks ago. This is a lower low double bottom. After a big […]

Emini minor sell signal in middle of October trading range I will update again at the end of the day. Pre-Open market analysis Friday was an inside day on the daily chart and last week was an inside bar on the weekly chart. By trading below Friday’s low, the bears triggered a minor sell signal […]

Emini daily and weekly doji bars after October sell climax I will update again at the end of the day. Pre-Open market analysis The Emini formed a doji bar on the daily chart on Friday, and on the weekly chart as well. This is a sign that the bears were exhausted after the big selloff […]

Emini weekly doji inside bar after last week’s sell climax I will update again at the end of the day. Pre-Open market analysis The Emini triggered a weak sell signal yesterday buy trading below Wednesday’s low. Therefore, the odds are that the Emini will continue the 6 day developing trading range before deciding on the […]

Emini bulls need follow-through buying after October bear trap I will update again at the end of the day. Pre-Open market analysis Yesterday sold off to the 60 minute EMA and reversed up to above Tuesday’s high. The 2nd half of the day was a trading range and the day closed just above the open. […]