Emini daily buy signal bar and weekly sell signal bar at March high I will update again at the end of the day. Pre-Open market analysis Yesterday, the Emini reversed up from below Friday’s low and the 2800 Big Round Number. It rallied to above Friday’s high and formed an outside up day. This is […]

Weak Emini weekly sell signal for double top above 2800 I will update again at the end of the day. Pre-Open market analysis After breaking almost 20 points above the 2800 Big Round Number last week, the Emini pulled back to test 2800 on Friday. The bulls want a resumption of the July rally and […]

Emini breakout above March major lower high needs follow-through I will update again at the end of the day. Pre-Open market analysis Yesterday was a strong bull trend day. Furthermore, the Emini finally broke above the March 13 major lower high, which I said was likely. However, it only closed only 1 tick above. The […]

Emini bull channel but double top bear flag with March high I will update again at the end of the day. Pre-Open market analysis The Emini could not sustain a weak bull reversal day yesterday. It was the 5th consecutive small trading range day. Traders want to know if there will be a breakout far […]

Emini in Breakout Mode at 2800 and March major lower high I will update again at the end of the day. Pre-Open market analysis The Emini has rallied up to just below the March 13 major lower high of 2811.00. However, until there is a breakout, there is no breakout. The bears are selling up […]

Emini testing key resistance at 2800 Big Round Number I will update again at the end of the day. Pre-Open market analysis The Emini broke above the 2800 Big Round Number for the 1st time since March. However, the March 13 high of 2811.00 is much more important. It is the top of the 6 […]

Emini island top and weekly gap below I will update again at the end of the day. Pre-Open market analysis Because the Emini gapped down yesterday after Tuesday’s gap up, it formed a one day island top. If it were to gap down again today, it would form a 3 day island top. This is […]

Emini 60 minute parabolic wedge buy climax below March high I will update again at the end of the day. Pre-Open market analysis Yesterday had a small range and was sideways. The 3 day rally is losing momentum now that it is near the top of the 6 month range. This reduces the chance of […]

Emini testing 2800 top of 6 month trading range I will update again at the end of the day. Pre-Open market analysis Yesterday was a small bull day. It therefore was follow-through buying after Friday’s breakout above June’s bear channel. This increases the chance of a test of the June 13 high of 2796.00 and […]

Emini brief July rally from head and shoulders bottom I will update again at the end of the day. Pre-Open market analysis The Emini broke above the neck line of a head and shoulders bottom on the 60 minute chart. Since the breakout went far above, the odds are that there will be at least […]