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 just below resistance
BTC course notes feature
A new Course notes feature has been added to all Brooks Trading Course, and Brooks Forex Trading Course video pages. Members can access and manage (ie print, download, or delete) all their notes on the Course notes page under the Online Course menu. You will need to be logged in to view your notes. The […]
Emini wedge rally and double top in 5 month trading range
Emini weekend update: June 23, 2018
Monthly S&P500 Emini futures candlestick chart:Small bull bar testing the January high The candlestick on the monthly S&P500 Emini futures chart is a small bull bar so far this month. It is the 3rd consecutive bull bar. The bulls therefore hope this is a resumption of the bull trend. But, the bar is small and […]
Emini double bottom bull flag breakout pullback test of May 22
Intraday market update: June 22, 2018
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
Intraday market update: June 21, 2018
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
Intraday market update: June 20, 2018
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 […]
Emini trading range at start of China trade war
Intraday market update: June 19, 2018
Emini trading range at start of China trade war I will update again at the end of the day Pre-Open market analysis Yesterday traded below last week’s low and therefore triggered a sell signal on the weekly chart. The weekly bears have a wedge rally and a double top bear flag. Yet, last week was […]
Emini weekly sell signal for wedge rally and double top
Intraday market update: June 18, 2018
Emini weekly sell signal for wedge rally and double top I will update again at the end of the day Pre-Open market analysis Friday gapped down and triggered a minor sell signal on the daily chart. The daily chart was a wedge rally to just below the March high. The weekly chart has a small […]
Emini buy climax just below 2800 resistance
Emini weekend update: June 16, 2018
Monthly S&P500 Emini futures candlestick chart:Breakout above 3 month bull flag The candlestick on the monthly S&P500 Emini futures chart is a strong bull bar so far this month. It is the 2nd month of a breakout above a 3 month bull flag. The monthly S&P500 Emini futures candlestick chart is breaking above a 3 […]
Emini weekly candlestick chart creating weak sell signal for next week
Intraday market update: June 15, 2018
Emini weekly candlestick chart creating weak sell signal for next week I will update again at the end of the day Pre-Open market analysis After Wednesday’s big outside down day, yesterday was an inside day and a trading range day. It is therefore both a buy and sell signal bar for today on the daily […]