Emini 60 minute head and shoulders bottom for minor summer rally I will update again at the end of the day. Pre-Open market analysis The Emini reversed up yesterday on the 5 minute chart. Today was the 1st breakout above a lower high on the 60 minute chart in a month. It has been forming […]

Emini 60 minute head and shoulders bottom despite China trade war I will update again at the end of the day. Pre-Open market analysis The Emini has been sideways for 2 weeks. But, it is forming another higher low. On the 60 minute chart, Monday was a higher low major trend reversal after Thursday’s lower […]

Emini micro double bottom but minor trend reversal I will update again at the end of the day. Pre-Open market analysis After Wednesday’s sell climax, yesterday was bull trend day. The bulls see it as a buy signal bar on the daily chart for a double bottom with Monday’s low. Their minimum goal is a […]

Emini outside down day after Tuesday’s inside day I will update again at the end of the day. Pre-Open market analysis Yesterday was a big outside down day after Monday’s big bear breakout. The bears want a break below the May 29 higher low, and then a breakout below the 5 month trading range. The […]

Emini doji inside day buy signal bar and seasonally bullish I will update again at the end of the day. Pre-Open market analysis The Emini formed a small bull doji inside day yesterday after Monday’s bear breakout. This reduces the chance of a big selloff this week. The Emini is back in the May trading […]

Emini bear breakout below bull flag and wedge top I will update again at the end of the day. Pre-Open market analysis The Emini traded down for a couple of weeks from a 3 month wedge top. The bulls hoped the selloff was going to be a bull flag and lead to another leg up. […]

Emini double bottom bull flag just below resistance I will update again at the end of the day. Pre-Open market analysis Last week was the 2nd consecutive doji bar on the weekly chart. It is a buy signal bar for this week, but a bear doji bar is a low probability setup for a swing […]

Emini double bottom bull flag breakout pullback test of May 22 I will update again at the end of the day. Pre-Open market analysis This week triggered a sell signal on the weekly chart. In addition, by trading below Wednesday’s low, yesterday was an entry bar for a Low 1 sell signal on the daily […]

Emini daily bull flag after weekly wedge top I will update again at the end of the day. Pre-Open market analysis Yesterday was a small trading range day. Since Tuesday was a bull day that reversed up from the 20 day EMA, it was a buy signal bar on the daily chart. When yesterday went […]

Emini weak weekly sell signal and China trade war I will update again at the end of the day. Pre-Open market analysis The Emini gapped down yesterday. Since it again fell below last week’s low, it triggered the weekly sell signal for a 2nd time. However, it rallied from a double bottom and a test […]