Market Overview: Weekend Market Update The Emini has rallied strongly for 2 weeks, but the rally might be a bull leg in the January trading range. However, there is currently only a 30% chance that February will reverse back down to the low of the month in the final 2 weeks. The bond futures market […]
January is minor sell signal on Emini monthly chart
Market Overview: Weekend Market Update There is now a minor sell signal on the Emini monthly chart. The Emini is down 4%. Two weeks ago, I said it would probably fall at least 5%, starting within 3 weeks. It started 3 days later. Friday’s Bear Surprise Bar makes it likely that the Emini will fall […]
Emini profit taking and 5% pullback after January buy climax
Market Overview: Weekend Market Update The Emini reversed down on Friday. This might be the start of a 5% correction, but there could be one more brief new high first. Bond futures are reversing up but the rally will probably form a lower high. The EURUSD Forex market is trying to resume its 2 year […]
Emini 5% correction could begin in 3 weeks
Market Overview: Weekend Market Update The Emini is accelerating up and it is above the top of the daily, weekly, and monthly bull channels. There is a 60% chance that 5% correction will start within a few weeks. The 30 year bond futures market is oversold and will probably bounce over the next couple weeks. […]
Market analysis video report for 2020
Market analysis on what to expect in 2020 Video duration 50min 41sec. Al Brooks presents an in-depth market analysis video for six important markets: Emini S&P 500, Bonds, EURUSD Forex, Crude Oil, Gold and Bitcoin. Video topics timing 00:00 Introduction 01:46 Emini S&P 500 22:35 Bonds 30:48 EURUSD Forex 36:00 Crude Oil 38:50 Gold 40:40 […]
Emini stalling at last year’s high after Iran news
Market Overview: Weekend Market Update I only have time for a brief update this weekend. However, I created a video of what to expect over the coming year and it will be available here soon on my trading course’s website. The Emini broke above last year’s high, but there was immediate profit-taking on Friday’s Iran […]
Emini expectations for the next decade
Market Overview: Weekend Market Update The Emini is closing out the decade at a new high after opening the decade near the low. This increases the chance for a couple weeks of profit-taking in early January, or possibly beginning on Monday. However, Thursday might gap up. If it did, there would then be a gap […]
Emini closing at high of decade after opening near low
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 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 minor reversal down in 9 week bull micro channel
Market Overview: Weekend Market Update The S&P Emini rallied strongly from a 2 day bear trap. The bears now want a double top, but sideways to up is more likely. Bond futures are drifting down from a buy climax. They will probably be sideways to down for many months. The EURUSD Forex market is in […]