{"id":231047,"date":"2025-02-26T07:11:19","date_gmt":"2025-02-26T15:11:19","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=231047"},"modified":"2025-02-27T06:59:45","modified_gmt":"2025-02-27T14:59:45","slug":"emini-pullback-to-last-fridays-low","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/emini-pullback-to-last-fridays-low\/","title":{"rendered":"Emini Pullback to Last Friday&#8217;s Low"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Wednesday February 26, 2025<\/h3>\n\n\n\n<h2 class=\"wp-block-heading\">Emini end of day video review<\/h2>\n\n\n\n<div class=\"wp-block-stackable-video-popup stk-block-video-popup stk-block stk-f6539a3\" data-video=\"https:\/\/www.youtube.com\/watch?v=DB7Q_qw8yLM\" data-block-id=\"f6539a3\"><div class=\"stk-block-video-popup__overlay stk-row stk-inner-blocks stk-block-content stk-hover-parent\" aria-label=\"Play Video\" tabindex=\"0\" role=\"button\">\n<div class=\"wp-block-stackable-icon stk-block-icon has-text-align-center stk-block stk-fe51163\" data-block-id=\"fe51163\"><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-fe51163\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-fe-51163-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-fe-51163-color-2)\"><\/stop><\/linearGradient><\/defs><\/svg><svg data-prefix=\"fas\" data-icon=\"play\" class=\"svg-inline--fa fa-play fa-w-14\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\" aria-hidden=\"true\" width=\"32\" height=\"32\"><path fill=\"currentColor\" d=\"M424.4 214.7L72.4 6.6C43.8-10.3 0 6.1 0 47.9V464c0 37.5 40.7 60.1 72.4 41.3l352-208c31.4-18.5 31.5-64.1 0-82.6z\"><\/path><\/svg><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-stackable-image stk-block-image stk-block stk-125e62b\" data-block-id=\"125e62b\"><style>.stk-125e62b .stk-img-wrapper{width:680px !important;}<\/style><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-179791\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/06\/Brad-Wolff-Emini-EOD-Review-680px.png\" width=\"680\" height=\"382\" alt=\"Brad Wolff Emini EOD Review\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/06\/Brad-Wolff-Emini-EOD-Review-680px.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/06\/Brad-Wolff-Emini-EOD-Review-680px-300x169.png 300w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/span><\/figure><\/div>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">S&amp;P Emini market analysis<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Emini daily chart<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Emini is beginning to pull back after last Friday\u2019s downside breakout bar. Some bulls likely bought last Friday\u2019s close, taking a chance that Monday would rally, giving them a scalp; they are hopeful that the market will retest their entry price, allowing them out of a bad trade.<\/li>\n\n\n\n<li>&nbsp;However, instead, the bulls got trapped with Monday\u2019s selloff. The bulls who are still long will likely be happy to exit back at last Friday\u2019s low.<\/li>\n\n\n\n<li>This means that last Friday is a likely magnet for the market to test. If the market reaches the low, there will likely be sellers, and the bears will get a 2<sup>nd<\/sup> leg down.<\/li>\n\n\n\n<li>The bulls want the selloff to be a failed breakout of the February 3<sup>rd<\/sup> low followed by a strong reversal above the February 19<sup>th<\/sup> high. However, the current reversal up will likely be minor, and the bears will get a 2<sup>nd<\/sup> leg down below yesterday\u2019s low.<\/li>\n\n\n\n<li>Because the market is in a trading range, profit-taking bears are at this current location. The risk is getting big for the bears, and they would look to sell a pullback instead.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Emini 5-minute chart and what to expect today<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Emini rallied, forming a bull trend from the open up to bar 8. The bulls are hopeful that today will form a bull trend for the rest of the day.<\/li>\n\n\n\n<li>While a bull trend is certainly possible, a trading range is more likely to form at some point today.<\/li>\n\n\n\n<li>The buying pressure is strong, which means that the first reversal will likely be minor, and buyers will be found below.<\/li>\n\n\n\n<li>Last Friday\u2019s low is a likely magnet for the market to test. The market is so close to last Friday\u2019s low that it will probably reach it today.<\/li>\n\n\n\n<li>Because of the buying pressure and the market approaching last Friday\u2019s low, bears may step aside, creating a buy vacuum test for last Friday\u2019s low.<\/li>\n\n\n\n<li>Because the current buying pressure is strong, traders should wait for more selling pressure before going short. At a minimum, the bears need to halt the buying by making the market go sideways. Ideally, the bears need to begin to for bear bars closing on their lows.<\/li>\n\n\n\n<li>It would be ideal for the bears if the market forms a major trend reversal with a decisive trendline break, followed by a weak retest of the high.&nbsp; More major trend reversal attempts to lead to sideways trading and not opposite trends.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Yesterday&#8217;s Emini setups<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Sell-Climax-and-Then-LL-Major-Trend-Reversal.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Sell-Climax-and-Then-LL-Major-Trend-Reversal-680x383.jpg\" alt=\"SP500 Emini 5-Min Chart Sell Climax and Then LL Major Trend Reversal\" class=\"wp-image-231138\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Sell-Climax-and-Then-LL-Major-Trend-Reversal-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Sell-Climax-and-Then-LL-Major-Trend-Reversal-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Sell-Climax-and-Then-LL-Major-Trend-Reversal-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Sell-Climax-and-Then-LL-Major-Trend-Reversal.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Al created the SP500 Emini charts.<\/em><\/p>\n\n\n\n<p class=\"caption\">Here are reasonable stop entry setups from yesterday. 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.<\/p>\n\n\n\n<p class=\"caption\">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.<\/p>\n\n\n\n<p class=\"caption\">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.<\/p>\n\n\n\n<p class=\"caption\">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 Emini.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Summary of today&#8217;s S&amp;P Emini price action<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Bull-Trend-From-Open-Then-Reversal-Down.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Bull-Trend-From-Open-Then-Reversal-Down-680x383.jpg\" alt=\"SP500 Emini 5-Min Chart Bull Trend From Open Then Reversal Down\" class=\"wp-image-231212\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Bull-Trend-From-Open-Then-Reversal-Down-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Bull-Trend-From-Open-Then-Reversal-Down-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Bull-Trend-From-Open-Then-Reversal-Down-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Bull-Trend-From-Open-Then-Reversal-Down.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Al created the SP500 Emini charts.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">EURUSD Forex market analysis<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">EURUSD Forex daily chart<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The EURUSD is forming a tight trading range with many overlapping bars, following the rally to the February 14<sup>th<\/sup> high.<\/li>\n\n\n\n<li>The bears are hopeful that the daily chart is forming a double top with the January 27<sup>th<\/sup> and February 24<sup>th<\/sup> high.<\/li>\n\n\n\n<li>Next, the bears want today to form a strong bear reversal bar closing on its low, followed by a strong entry bar tomorrow.<\/li>\n\n\n\n<li>If the bears can get a series of strong bear trend bars, they will have a shot at getting down to the February low. More likely, the best the bears can get is a trading range.<\/li>\n<\/ul>\n\n\n\n<p><em>See the <a rel=\"noreferrer noopener\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">weekly update<\/a> for a discussion of the price action on the weekly chart and for what to expect going into next week.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Trading Room<\/h2>\n\n\n\n<p>Al Brooks and other presenters talk about the detailed Emini price action real-time each day in the BrooksPriceAction.com <a href=\"https:\/\/www.brookstradingcourse.com\/online-day-trading-room\/\" target=\"_blank\" rel=\"noreferrer noopener\">trading room<\/a> days. We offer a <a href=\"http:\/\/www.brookspriceaction.com\/portal.php?page=11\" target=\"_blank\" rel=\"noreferrer noopener\">2 day free trial<\/a>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Charts use Pacific Time<\/h3>\n\n\n\n<p>When times are mentioned, it is USA Pacific Time. The Emini 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 <a href=\"https:\/\/www.brookstradingcourse.com\/blog\/market-update\/\" target=\"_blank\" rel=\"noreferrer noopener\">Market Update<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Trading Update: Wednesday February 26, 2025 Emini end of day video review S&amp;P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday&#8217;s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and [&hellip;]<\/p>\n","protected":false},"author":5460,"featured_media":231138,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[153,136,241],"tags":[1356,281,60],"class_list":{"0":"post-231047","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-update","8":"category-analysis","9":"category-video","10":"tag-emini-pullback","11":"tag-eurusd-forex","12":"tag-sp-emini","13":"entry","14":"override","15":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/02\/SP500-Emini-5-Min-Chart-Sell-Climax-and-Then-LL-Major-Trend-Reversal.jpg","author_info":{"display_name":"Brad","author_link":"https:\/\/www.brookstradingcourse.com\/es\/author\/brad-wolff\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/231047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/users\/5460"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/comments?post=231047"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/231047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/231138"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=231047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=231047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=231047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}