Trading Update: Monday July 14, 2025
S&P E-mini market analysis
E-mini daily chart
- The Daily chart is forming a tight trading range after the July 3rd rally.
- The market has been far from the moving average, which increased the odds that the daily chart was going to start going sideways to drag the moving average up to the current price.
- The all-time high is resistance, and that is currently where the market is located. This increases the odds of more sideways trading and profit-taking by the bulls.
- The Bears need to start developing more selling pressure right here. Ideally, the bears need to get a series of bear bars closing on their lows, and, at a minimum, they need to start getting bear bars inside of the tight trading range.
- The odds are we’re probably going to continue to go sideways at this price level, and drag the moving average up to the current price.
- Without more selling pressure, the odds are against a sharp sell-off. This means that traders will expect sideways trading until proven otherwise.
E-mini 5-minute chart and what to expect today
- Today, the U.S. session opened inside of last Friday’s range and sold off, testing last Friday’s low.
- The bears tried to get a strong bear breakout on bar 3. However, it failed to gain traction in the market, and the reversal did not occur.
- So far, the first 18 bars have formed a tight trading range, which is in breakout mode
- The Bulls are trying to get a reversal up 17 and 18 and a measured move up of the opening range in a test of last Friday’s high.
- Because of the location of the opening range, I suspect these odds slightly favor a rally lasting one to two hours.
- However, we’ve had a lot of trading range price action, and this means that whatever upside breakout we get will probably continue to have trading range price action as well.
- Overall, until the market has clearly become a bull trend, traders should assume that a trading range is more likely.
Friday’s E-mini setups
Brad created the SP500 E-mini charts – Al travelling.
Here are reasonable stop entry setups from last Friday. I show each buy entry bar with a green arrow and each sell entry bar with a red arrow. Buyers of both the Brooks Trading Course and Encyclopedia of Chart Patterns have access to a near 4-year library of more detailed explanations of swing trade setups (see Online Course/BTC Daily Setups). Encyclopedia members get current daily charts added to Encyclopedia.
My goal with these charts is to present an Always In perspective. If a trader was trying to be Always In or nearly Always In a position all day, and he was not currently in the market, these entries would be logical times for him to enter. These therefore are swing entries.
It is important to understand that most swing setups do not lead to swing trades. As soon as traders are disappointed, many exit. Those who exit prefer to get out with a small profit (scalp), but often have to exit with a small loss.
If the risk is too big for your account, you should wait for trades with less risk or trade an alternative market like the Micro E-mini.
Summary of today’s S&P E-mini price action
Brad created the SP500 E-mini charts – Al travelling.
E-mini end of day video review
Periodic end of day review videos will be moved to top of page when done.
See the weekly update for a discussion of the price action on the weekly chart and for what to expect going into next week.
Trading Room
Al Brooks and other presenters talk about the detailed Emini price action real-time each day in the Brooks Price Action trading room. We offer a 2 day free trial.
Charts use Pacific Time
When times are mentioned, it is USA Pacific Time. The E-mini day session charts begin at 6:30 am PT and end at 1:15 pm PT which is 15 minutes after the NYSE closes. You can read background information on the market reports on the Market Update page.
