Emini awaiting FOMC and Trump’s special counsel decision Updated 6:45 a.m. Today had a big gap up, but the day began with consecutive strong bear bars. If there is going to be a trend day, a bear trend is now more likely. While the Emini is Always in short, the odds are that it will […]
Emini awaiting FOMC and Trump’s special counsel decision
Emini sideways waiting for FOMC meeting
Intraday market update: July 24, 2017
Emini sideways waiting for FOMC meeting Updated 6:54 a.m. Today opened with a doji bar in yesterday’s 4 hour tight trading range. This increased the chances that today will be another trading range day, like the past 2 days. While the bears got 2 strong bear bars on the open, the next bar was a […]
Emini buy climax ignoring Trump, Russia, and healthcare
Intraday market update: July 21, 2017
Emini buy climax ignoring Trump, Russia, and healthcare Updated 6:48 a.m. The Emini broke below yesterday’s low. This therefore triggered the sell signal on the daily chart for the parabolic wedge top. Yet, the bears only got 2 dojis on the open. Hence, they were not strong. This reduces the chances of a strong bear […]
Trump rally testing bull channel top and measured move targets
Intraday market update: July 20, 2017
Trump rally testing bull channel top and measured move targets Updated 6:48 a.m. The Emini gapped above yesterday’s bull channel, but began with 2 bear bars. Since 75% of bull breakouts above bull channels fail, this one probably will as well. However, the initial target is the bottom of the channel. Since the channel is […]
Emini buy climax is ignoring Trump’s failed healthcare repeal
Intraday market update: July 19, 2017
Emini buy climax is ignoring Trump’s failed healthcare repeal Updated 6:46 a.m. While today began with consecutive bull bars, they were not strong. In addition, this is similar to the open on the past 5 days. Consequently, today will probably behave like those days. Although the Emini began Always In Long, it will probably soon […]
Trump buy climax rally is near 2500 S&P resistance
Intraday market update: July 18, 2017
Trump buy climax rally is near 2500 S&P resistance Updated 6:46 a.m. The Emini gapped down, but reversed up at the 60 minute moving average. The bulls see this as a High 2 pullback from Friday’s rally. Additionally, it is an Opening Reversal up from the 60 minute moving average. Their 1st goal is to […]
Trump rally targeting 2500 Big Round Number
Intraday market update: July 17, 2017
Trump rally targeting 2500 Big Round Number Updated 6:47 a.m. On the open, the Emini continued the 3 bar tight trading range from Friday’s close. This increases the chances of an attempt at trend resumption up and a test of Friday’s high. Yet, because of the Big Up, Big Down on Friday’s close, the odds […]
Emini buy climax testing all time high and maybe 2500
Intraday market update: July 14, 2017
Emini buy climax testing all time high and maybe 2500 Updated 6:52 a.m. The Emini opened with a bull doji bar within yesterday’s range. This open is similar to yesterday. Hence it increases the odds of a lot of trading range trading again today. However, the magnet of the all-time high is strong. Therefore, there […]
Emini bull flag breakout near all time high
Intraday market update: July 13, 2017
Emini bull flag breakout near all time high Updated 6:47 a.m. Today opened with a big bull doji bar, which is a 1 bar trading range. In addition, it was in the middle of yesterday’s range. Furthermore, limit order bears made money scaling in above the high of the 1st bull bar. Finally, most days […]
Emini rally ignoring Trump’s Russia problem, expecting tax reform
Intraday market update: July 12, 2017
Emini rally ignoring Trump’s Russia problem, expecting tax reform Updated 6:55 a.m. Today had a big gap up and then a series of bull trend bars. This is a trend from the open bull trend. It therefore increases the odds of a bull trend day. Yet, when there is a big gap up and immediate […]











