Emini weak bull flag in correction to 2350 Updated 6:42 a.m. The Emini gapped above yesterday’s high and began with 2 big bull bars closing on their highs. This is a trend from the open bull trend and there is at least a 60% chance that we have seen the low of the day. The […]

Emini is likely beginning Trump 150 point, 5 percent correction Updated 6:45 a.m. Friday had a bear channel after a strong rally. The odds favor a bull break above the bear trend line today. In addition, Friday’s rally was strong enough so that its high is a magnet. Therefore, the Emini will probably test that […]

Extreme buy climax creating 150 point Emini bear trend reversal Updated 6:47 a.m. The sell climax continued on the open. It is so extreme that it is unlikely to continue far. The odds favor a sharp rally and then a trading range. The most important price today will be the open of the day. If […]

Emini bull leg in trading range in weekly buy climax Updated 6:55 a.m. The Emini reversed up from below the 3 day trading range. Yet, there was a 2 tick tail on the top of the buy signal bar. In addition, the entry bar was a bear bar. While the next bar was good, the […]

Emini awaiting catalyst, like North Korea missile decision Updated 6:49 a.m. The Emini opened above yesterday’s high, but immediately closed the gap. Because yesterday was a small day, the bears will try to trade below yesterday’s low to create an outside down day. The bulls see the tails below the 1st 3 bars and hope […]

Emini failed bear breakout after North Korea correction attempt Updated 6:44 a.m. The Emini opened above yesterday’s high and immediately pulled back. The bulls want an opening reversal up from the moving average. Yet, since a lower high is likely on the daily chart, bears see the current price as a good price to sell. […]

Emini trend reversals need follow-through selling Updated 6:45 a.m. The Emini gapped up and had 2 strong bull bars on the open. The Emini is Always In Long and this is enough strength and the context is good enough to make a bear trend unlikely. The odds are that today will either remain a bull […]

North Korea is catalyst for 5% stock market correction Updated 6:48a.m. Today opened within the tight range at yesterday’s close. The gap below is a magnet, and the bear trend line above is as well. Since an early trading range is likely, the Emini will probably test both in the 1st 2 hours. It is […]

Emini buy climax and North Korea catalyst Updated 6:51 a.m. The Emini sold off on the open, but it is at the bottom of a month-long trading range. Yesterday was a good bull bar on the daily chart. Today opened near yesterday’s low. If today closes on its low, that combination would be a strong […]

Emini trend reversal after failed new high breakout Updated 6:52 a.m. The Emini traded below last week’s low. This week is therefore an outside down week. The bears need the week to close far below last week’s low. The bulls want the opposite. The Emini had a failed reversal up on the open. It reversed […]