Emini buy signal on weekly chart for test of 2800 I will update again at the end of the day Pre-Open market analysis By breaking above last week’s high yesterday, the bulls triggered a weekly buy signal. But, yesterday was not a big bull trend day. Therefore this week is not yet a strong entry […]

Weekly Emini chart pullback from triangle breakout I will update again at the end of the day Pre-Open market analysis The candle stick on the weekly chart last week closed near its high. It is therefore a buy signal bar for a 3 bar pullback from a breakout above a 3 month triangle. The odds […]

Emini pullback in bull trend despite Italy financial crisis I will update again at the end of the day Pre-Open market analysis After Wednesday’s strong reversal up, yesterday had a weak selloff. It is therefore more likely a pullback from Wednesday’s rally than a bear reversal. Yesterday was the last day of the month. While […]

Emini technical sell climax after Italy and Euro fears I will update again at the end of the day Pre-Open market analysis The Emini had a sell climax yesterday, but it was more likely based on technical factors than fundamentals. While it weakens the bull’s case, the odds are that the selloff of the past […]

Emini possible outside down week in 4 month trading range I will update again at the end of the day Pre-Open market analysis While the Emini gapped down yesterday, it reversed up and did not trade below last week’s low. The rally from the May 3 low was strong enough so that there is a […]

Emini bears want outside down candle stick on weekly chart I will update again at the end of the day Pre-Open market analysis Yesterday reversed down from a breakout above last week’s high. It sold off strongly at the end of the day and formed an outside down day. Since last week was small, the […]

Emini trend resumption up, but possible small double top I will update again at the end of the day Pre-Open market analysis The Emini gapped up yesterday and entered a trading range after a 50% pullback. The odds favor a breakout above last week’s high this week. Because yesterday gapped up and was a small […]

Emini weak breakout above 3 month triangle bull flag I will update again at the end of the day Pre-Open market analysis The Emini broke above the April 18 major lower high, but pulled back. The odds are that the bull trend will resume this week. This means that the 4 sideways days are more […]

Emini sell signal bar but minor reversal in bull flag I will update again at the end of the day Pre-Open market analysis Yesterday was a bear reversal day. The odds are that the Emini daily chart is still forming a bull flag. However, if the bears get a couple big bear days, the odds […]

Emini weak buy signal yesterday and back above April high I will update again at the end of the day Pre-Open market analysis The Emini rallied in a trending trading range day yesterday. It was the 2nd day in a bull flag on the daily chart. The odds are that the daily chart will go […]