President Trump rally pulling back to August high breakout point Updated 6:50 a.m. The Emini opened in the middle of the 60 minute moving average above and the August high below. Further more, it began with a bear doji, a rally, and reversal. It is therefore neutral and deciding whether to test support or resistance. […]

President Trump Christmas rally stalling before FOMC meeting Updated 6:49 a.m. The Emini is having a trading range open. It tested the low of the 5 day trading range on the open. The bears see Tuesday’s low as the neck line of a double top. They therefore want a breakout and measured move down. Most […]

Limited resumption of the President Trump rally Updated 6:48 a.m. While the Emini gapped above yesterday’s high and broke to a new all-time high, the first bars were small. Furthermore, trend resumption up after a bear breakout below a protracted bull micro channel typically lasts 3 – 5 days. The odds are that the Emini […]

Christmas year end rally pullback Updated 6:51 a.m. The bulls tried to rally from above yesterday’s low and the 60 minute moving average, but failed at the 5 minute moving average. The day began with limit order bull and bear scalpers making money. This looks like a continuation of the trading range trading of the […]

Stock market buy climax pullback Updated 6:59 a.m. The Emini reversed up from below Friday’s low on the open. Hence, this is the 1st pullback in a 12 day bull micro channel. The bulls want an outside up day and therefore another new all-time high. Yet the rally was weak, as was the initial selloff. […]

President Trump stock market rally became buy climax I will update around 6:46 a.m. After yesterday’s buy climax, today gapped below yesterday’s close. There is a 50% chance that the bulls will try to rally for an hour or two. Yet, there is a 75% chance of at least 2 hours of sideways to down […]

President Trump climactic stock market rally Updated 6:59 a.m. While the Emini gapped up, the 1st 2 bars were dojis, which is weak buying. Furthermore, the Emini opened at the top of the 9 day channel. While there is a measured move target from the election gap at around 2207 and a leg 1 = […]

President Trump stock market rally forming double top Updated 6:53 a.m. While the Emini opened with bull bars and broke above yesterday’s high and formed a new high, the first bars had tails. In addition, the bodies got smaller. Furthermore, most recent days had a lot of trading range price action. As a result, while […]

President Trump all time stock market high rally Updated 6:47 a.m. The Emini broke above yesterday’s high. It immediately reversed down from its new all-time high. Yet, the sell signal bar had a bull body. Furthermore, most of yesterday was trading range price action. In addition, the target for the bears is the open of […]

President Trump S&P500 Emini rally testing all time high Updated 6:51 a.m. I leave early today and will not be back until Friday. Today broke above the top of yesterday’s bull channel. There is therefore a 75% chance of a test of the bottom of the channel. The Emini can get there by going sideways […]