{"id":232630,"date":"2025-03-20T07:21:54","date_gmt":"2025-03-20T14:21:54","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=232630"},"modified":"2025-03-20T23:44:04","modified_gmt":"2025-03-21T06:44:04","slug":"emini-bears-expect-test-of-moving-average","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/emini-bears-expect-test-of-moving-average\/","title":{"rendered":"Emini Bears Expect Test of Moving Average"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Thursday March 20, 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-66b0cb9\" data-video=\"https:\/\/www.youtube.com\/watch?v=-8mN9CF3uxQ\" data-block-id=\"66b0cb9\"><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-b84c427\" data-block-id=\"b84c427\"><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-b84c427\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-b-84-c-427-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-b-84-c-427-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-19b3aca\" data-block-id=\"19b3aca\"><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-220667\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/10\/Price-Action-Rose-EOD-Review.jpg\" width=\"1280\" height=\"720\" alt=\"Price Action Rose EOD Review\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/10\/Price-Action-Rose-EOD-Review.jpg 1280w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/10\/Price-Action-Rose-EOD-Review-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/10\/Price-Action-Rose-EOD-Review-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/10\/Price-Action-Rose-EOD-Review-768x432.jpg 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/span><\/figure><\/div>\n<\/div><\/div>\n\n\n\n<p><em>Follow Rose\u2019s <a href=\"https:\/\/www.youtube.com\/@PriceActionRose\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube channel<\/a> for more Al Brooks price action analysis.<\/em><\/p>\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 broke above the March 17<sup>th<\/sup> high, creating a second leg up from the March Low rally. The odds favor a test of the moving average due to the market being oversold. This increases the risk of bears being unwilling to sell at this price level. <\/li>\n\n\n\n<li>March 17<sup>th<\/sup> was a weak sell signal bar below, increasing the odds of buyers below and a 2<sup>nd<\/sup> leg up after the 3 bar bull micro channel.<\/li>\n\n\n\n<li>Yesterday formed a weak Low 2 short; however, it was a bull bar closing just under its midpoint, increasing the odds of buyers below it.<\/li>\n\n\n\n<li>Bears are hesitant to sell due to the market being below the moving average and the January 13<sup>th<\/sup> low.<\/li>\n\n\n\n<li>Because the daily chart is most likely in a trading range, the odds favor price increasing to the abovementioned targets. Bears will likely hesitate to sell before the market reaches the moving average.<\/li>\n\n\n\n<li>The bulls need to continue to build the buying pressure. Ideally, the bulls must create a series of bull bars closing above the moving average.<\/li>\n\n\n\n<li>Overall, the odds for a test of the moving average and the January 13<sup>th<\/sup> low.<\/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 bulls rallied from a bull trend from the open, with bar 1 following the gap down.<\/li>\n\n\n\n<li>The rally up to bar 7 is strong and increases the odds of buyers below. This means that today will be a bull trend or a trading range day, not a bear trend.<\/li>\n\n\n\n<li>The bulls are trying to get above yesterday\u2019s high.<\/li>\n\n\n\n<li>As of bar 10, the rally is getting climactic, which increases the odds of a pullback soon.<\/li>\n\n\n\n<li>To sell, traders likely need to see a credible reversal. This means the bears first need a trendline break and a retest of the highs. At a minimum, the bears must halt the buying pressure and make the market go sideways<\/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\/03\/SP500-Emini-5-Min-Chart-Parabolic-Wedge-Top-Failed-Then-Trading-Range.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/SP500-Emini-5-Min-Chart-Parabolic-Wedge-Top-Failed-Then-Trading-Range-680x383.jpg\" alt=\"SP500 Emini 5-Min Chart Parabolic Wedge Top Failed Then Trading Range\" class=\"wp-image-232751\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/SP500-Emini-5-Min-Chart-Parabolic-Wedge-Top-Failed-Then-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/SP500-Emini-5-Min-Chart-Parabolic-Wedge-Top-Failed-Then-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/SP500-Emini-5-Min-Chart-Parabolic-Wedge-Top-Failed-Then-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/SP500-Emini-5-Min-Chart-Parabolic-Wedge-Top-Failed-Then-Trading-Range.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Al created the SP500 Emini chart.<\/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\/03\/SP500-Emini-5-Min-Chart-Bull-Trend-from-Open-Wedge-Top-Then-Bear-Channel.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/SP500-Emini-5-Min-Chart-Bull-Trend-from-Open-Wedge-Top-Then-Bear-Channel-680x383.jpg\" alt=\"SP500 Emini 5-Min Chart Bull Trend from Open Wedge Top Then Bear Channel\" class=\"wp-image-232811\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/SP500-Emini-5-Min-Chart-Bull-Trend-from-Open-Wedge-Top-Then-Bear-Channel-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/SP500-Emini-5-Min-Chart-Bull-Trend-from-Open-Wedge-Top-Then-Bear-Channel-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/SP500-Emini-5-Min-Chart-Bull-Trend-from-Open-Wedge-Top-Then-Bear-Channel-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/SP500-Emini-5-Min-Chart-Bull-Trend-from-Open-Wedge-Top-Then-Bear-Channel.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Richard created the SP500 Emini chart &#8211; Al travelling<\/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 getting a reversal down and test of the March 6<sup>th<\/sup> low, the bottom of the bull channel that began after the recent strong bull breakout.<\/li>\n\n\n\n<li>Because the bull breakout was strong, the odds favor buyers below and a 2<sup>nd<\/sup> leg up.<\/li>\n\n\n\n<li>The bears are hopeful that the current bear reversal will start a strong selloff that will reach the February 28<sup>th<\/sup> low. While this is possible, it is not likely. More likely, there are buyers below scaling in lower, and the market will go above the March high.<\/li>\n\n\n\n<li>However, because the higher time frame context is in a trading range, the pullback from the recent strong bull breakout may be deeper than what the bulls want.<\/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: Thursday March 20, 2025 Emini end of day video review Follow Rose\u2019s YouTube channel for more Al Brooks price action analysis. 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 chart. Here are reasonable stop entry setups from yesterday. [&hellip;]<\/p>\n","protected":false},"author":5460,"featured_media":232751,"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],"tags":[281,60],"class_list":{"0":"post-232630","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-update","8":"category-analysis","9":"tag-eurusd-forex","10":"tag-sp-emini","11":"entry","12":"override","13":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/SP500-Emini-5-Min-Chart-Parabolic-Wedge-Top-Failed-Then-Trading-Range.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\/232630","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=232630"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/232630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/232751"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=232630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=232630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=232630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}