Representación del movimiento del precio ¿Qué es el Price Action? No existe consenso en cuanto a su definición. A mí, me gusta definirlo como la representación de cualquier movimiento que hace el precio de un instrumento financiero, sobre un gráfico temporal. Así lo explico en el primer vídeo del Curso de Trading de Al Brooks. […]
Emini strong August buy climax makes September 10% pullback likely
Market Overview: Weekend Market Update The S&P500 Emini futures is in a strong bull trend and it should trade higher next week. It might even accelerate up next week. Since the buy climax is extreme, there is a 50% chance of a 10 – 20% pullback starting in September. However, traders will buy the selloff. […]
Emini buy climax now testing 3500 Big Round Number
Emini and Forex Trading Update:Friday August 28, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini formed a doji bar yesterday. Since Wednesday was a big bull day in a buy climax on the daily chart, yesterday’s pause could be the start of some profit taking. The buy […]
Emini late August buy climax should pause today
Emini and Forex Trading Update:Thursday August 27, 2020 I will update again at the end of the day. Pre-Open market analysis The rally over the past 2 days on the 5 minute chart was one of the strongest consecutive days of the year. That reduces the chance of a big selloff. It also reduces the […]
Emini follow-through buying after gap above 3 year trading range
Emini and Forex Trading Update:Wednesday August 26, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up Monday on the weekly chart and rallied. Yesterday was in a trading range for the 1st 3 hours and then in a Small Pullback Bull Trend. It was follow-through buying […]
Will Emini late August gaps up close?
Emini and Forex Trading Update:Tuesday August 18, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday gapped up on the daily and weekly charts. The bulls want a successful breakout above the 3 year trading range and at least a couple legs up. Today might gap up again, extending […]
Emini weekly gap up to new all-time high
Emini and Forex Trading Update:Monday August 24, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini has been in a tight trading range for 3 weeks. It is tilted slightly up. Traders are wondering if the Emini will break far above the February high. Four of the past […]
Covid-19 CDC report, immunity, HCQ, pseudoscience and patient care
CDC report 215,000 more deaths this year than last Many Covid patients never get diagnosed because they do not seek medical attention. Medical experts believe that the infection rate is 5 to 10 times what has been proven. That means there have been 25 to 50 million Americans already infected. While a lot of testing […]
Emini futures might gap up to new high on weekly chart, but daily chart bull streak is buy climax
Market Overview: Weekend Market Analysis The S&P500 Emini futures market might gap to a new all-time high on the weekly chart next week. But the streak of 9 consecutive bull bars on the daily chart that ended 2 weeks ago should lead to a pullback to 3200 starting within a couple weeks. Bond futures are […]
Emini weak High 1 bull flag after 9 day bull streak
Emini and Forex Trading Update:Friday August 21, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini has been in a Small Pullback Bull Trend since June. Yesterday was another brief pullback. It is a buy signal bar for today. However, the dominant feature on the daily chart is […]
