Market Overview: Weekend Market Update There are only 7 trading days left in the decade for the Emini. The bulls want the month, the year, and the decade to close on the high. The Emini will probably be sideways to up through yearend. The bond market is in an early bear trend on the monthly […]
Emini might get minor profit taking after yesterday’s buy climax
Emini and Forex Trading Update:Friday December 20, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini broke above its 3 day tight trading range yesterday. Yesterday was a Small Pullback Bull Trend. That is a type of buy climax. That increases the chance of some trading range price […]
Emini in 3 day tight trading range around 3200
Emini and Forex Trading Update:Thursday December 19, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini traded in a tight trading range around the 3200 Big Round Number for the 3rd day yesterday. The chart is in Breakout Mode. However, until there is a breakout, day traders will […]
Emini stalling at 3200 Big Round Number ahead of impeachment
Emini and Forex Trading Update:Wednesday December 18, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini made another all-time high yesterday. However, yesterday was also another small trading range day that traded around the 3200 Big Round Number. Is the Emini stalling here because of the impeachment? Traders […]
Emini weak breakout above 3200 Big Round Number
Emini and Forex Trading Update:Tuesday December 17, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up on the daily and weekly charts yesterday. The bulls are trying to get the year to close on the high after opening near the low in January. While the Emini […]
Emini breakout after December 15 China tariff news
Emini and Forex Trading Update:Monday December 16, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini had a dramatic rally on Thursday morning on news of possibly no new China tariffs on December 15. It has been sideways since. Friday was a doji bar on the daily chart […]
Emini small breakout above top of 13 year bull channel
Market Overview: Weekend Market Update The Emini finally broke above the tops of the bull channels on the daily, weekly, and monthly charts. The bulls want the year to close on its high after opening on its low. Because there is no credible top, the Emini will probably be sideways to up through December. The […]
Emini breakout above top of 13 year bull channel
Emini and Forex Trading Update:Friday December 13, 2019 I will update again at the end of the day. Pre-Open market analysis Last week formed a pullback on the weekly chart. It was the 1st pullback in a 9 week bull micro channel. A pullback in a bull trend is a High 1 bull flag buy […]
Emini weekly High 1 bull flag for possible yearend rally
Emini and Forex Trading Update:Thursday December 12, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday’s FOMC report was a non-event. The Emini has been sideways for 4 days. That increases the chance of more sideways trading again today. Last week’s candlestick is a High 1 buy signal bar […]
Surprise bull breakouts and traps:
futures.io webinar replay
Surprise bull breakouts and traps Al Brooks delivered a webinar presentation with futures.io on Tuesday December 10, 2019, covering the topic of surprise bars, failed surprise bars, and traps. Webinar topics What are Bull Breakouts and Surprise Bars? Successful Bull Surprise Breakout Major and Minor Bull Surprise Bars Failed Bull Surprise Breakout (Bull Trap) Common […]
