{"id":236484,"date":"2025-05-11T01:30:00","date_gmt":"2025-05-11T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=236484"},"modified":"2025-05-12T07:16:35","modified_gmt":"2025-05-12T14:16:35","slug":"weekly-strong-emini-pullback","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/weekly-strong-emini-pullback\/","title":{"rendered":"Weekly Strong Emini Pullback"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: S&amp;P 500 Emini Futures<\/h2>\n\n\n\n<p>The market formed a weekly strong Emini pullback testing the 20-week EMA. If there is a pullback, the bulls want it to be minor, forming a double bottom bull flag (and a higher low) with the April 21 low. The bears They want the 20-week EMA or the March 25 high to act as resistance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">S&amp;P500 Emini futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> S&amp;P 500 Emini chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Weekly-Retest-20-Week-EMA-Always-In-Long.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Weekly-Retest-20-Week-EMA-Always-In-Long-680x383.jpg\" alt=\"Emini Weekly - Retest 20-Week EMA, Always In Long, Weekly Strong Emini Pullback\" class=\"wp-image-236608\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Weekly-Retest-20-Week-EMA-Always-In-Long-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Weekly-Retest-20-Week-EMA-Always-In-Long-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Weekly-Retest-20-Week-EMA-Always-In-Long-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Weekly-Retest-20-Week-EMA-Always-In-Long-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Weekly-Retest-20-Week-EMA-Always-In-Long.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.investing.com\/indices\/us-spx-500-futures\" target=\"_blank\" rel=\"noreferrer noopener\">This&nbsp;week\u2019s&nbsp;Emini candlestick&nbsp;<\/a>was a bull doji closing around the middle of its range with long tails above and below.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/wp-admin\/post.php?post=235970&amp;action=edit&amp;lang=en\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said the market could still trade a little higher towards the March 25 high area. Traders would see if the bulls could create a follow-through bull bar closing above the 20-week EMA, or if the market would trade slightly higher but close with a long tail above or with a bear body instead.<\/li>\n\n\n\n<li>The market traded sideways for the week.<\/li>\n\n\n\n<li>The bulls got a two-legged pullback testing the 20-week EMA.<\/li>\n\n\n\n<li>They see the selloff (Apr 7) forming a major higher low and the market being in a broad bull channel.<\/li>\n\n\n\n<li>They hope that the strong selloff has alleviated the prior overbought condition. They want a resumption of the trend.<\/li>\n\n\n\n<li>They got a reversal from a higher low major trend reversal (Apr 21).<\/li>\n\n\n\n<li>If there is a pullback, they want it to be minor, forming a double bottom bull flag (and a higher low) with the April 21 low.<\/li>\n\n\n\n<li>They hope the market has flipped into Always In Long.<\/li>\n\n\n\n<li>They must create more follow-through buying trading above the 20-week EMA and the March 25 high to increase the odds of a trend resumption.<\/li>\n\n\n\n<li>The bears got a large 2-legged selloff testing the 200-week EMA.<\/li>\n\n\n\n<li>They see the current move as a deep pullback and a buy vacuum test of the March 25 high.<\/li>\n\n\n\n<li>They want a reversal from a large double top bear flag (Mar 25 and May 8).<\/li>\n\n\n\n<li>They hoped to get a retest of the prior leg&#8217;s extreme low (April 7), even if it only forms a higher low.<\/li>\n\n\n\n<li>They want the 20-week EMA or the March 25 high to act as resistance.<\/li>\n\n\n\n<li>So far, the buying pressure since the April 7 low has been stronger (strong bull bars closing near their highs) than the weaker selling pressure (bear bars with limited follow-through selling).<\/li>\n\n\n\n<li>The market is currently stalling around the 20-week EMA.<\/li>\n\n\n\n<li>The doji bar could indicate an area of temporary balance.<\/li>\n\n\n\n<li>If the market continues to stall around the current levels, we may see a pullback towards the April 21 low area.<\/li>\n\n\n\n<li>For now, traders will see if the bulls can create a follow-through bull bar closing above the 20-week EMA.<\/li>\n\n\n\n<li>Or will the market stall around the 20-week EMA, followed by another leg down instead?<\/li>\n\n\n\n<li>News of the tariff talks with China can cause the market to have big gaps next week (in either direction).<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> S&amp;P 500 Emini chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Daily-Always-In-Long-Double-Top-Bear-Flag.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Daily-Always-In-Long-Double-Top-Bear-Flag-680x383.jpg\" alt=\"Emini Daily - Always In Long - Double Top Bear Flag\" class=\"wp-image-236611\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Daily-Always-In-Long-Double-Top-Bear-Flag-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Daily-Always-In-Long-Double-Top-Bear-Flag-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Daily-Always-In-Long-Double-Top-Bear-Flag-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Daily-Always-In-Long-Double-Top-Bear-Flag-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Daily-Always-In-Long-Double-Top-Bear-Flag.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The market traded sideways for the week. Thursday gapped higher but closed as a doji. Friday was an inside bear bar.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/emini-2-legged-sideways-to-up\/\" target=\"_blank\" rel=\"noreferrer noopener\">Previously<\/a>, we said the market may still be in the sideways to up pullback phase. Traders would see if the bulls could create more bull bars, breaking far above the 20-day EMA and the bear trend line or fail to do so.<\/li>\n\n\n\n<li>The bulls got a large second leg sideways to up testing near the 200-day EMA and the March 25 high.<\/li>\n\n\n\n<li>They see the market forming a major higher low (Apr 7) and want the broad bull channel to continue.<\/li>\n\n\n\n<li>They hope the selloff has alleviated the prior overbought condition and that the market has flipped back into Always In Long.<\/li>\n\n\n\n<li>If there is a pullback, they want it to form a double bottom bull flag (and a higher low) with the April 21 low.<\/li>\n\n\n\n<li>They want the 20-day EMA to act as support.<\/li>\n\n\n\n<li>The bears see the current move as a large 2-legged pullback.<\/li>\n\n\n\n<li>They want the market to form a lower high and a reversal from a double top bear flag (Mar 25 and May 8). They see a smaller double top (May 2 and May 8).<\/li>\n\n\n\n<li>They hope to get a retest of the April 7 low, even if it only forms a higher low.<\/li>\n\n\n\n<li>They must create strong bear bars to show they are back in control.<\/li>\n\n\n\n<li>So far, the buying pressure since the April 21 low is stronger (consecutive bull bars) than the weaker selling pressure (bear bars with no follow-through selling).<\/li>\n\n\n\n<li>The last 7 candlesticks had a lot of overlapping range, which indicates the market has temporarily stalled.<\/li>\n\n\n\n<li>Traders will see if the bulls can create more bull bars closing above the 200-day EMA and testing near the March 25 high.<\/li>\n\n\n\n<li>Or will the market stall around the current levels, followed by another leg down to test near the April 21 low instead?<\/li>\n\n\n\n<li>News of the tariff talks with China can cause the market to have big gaps next week (in either direction).<\/li>\n<\/ul>\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 rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/online-day-trading-room\/\" target=\"_blank\">trading room<\/a>. We offer a <a rel=\"noreferrer noopener\" href=\"http:\/\/www.brookspriceaction.com\/portal.php?page=11\" target=\"_blank\">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\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: S&amp;P 500 Emini Futures The market formed a weekly strong Emini pullback testing the 20-week EMA. If there is a pullback, the bulls want it to be minor, forming a double bottom bull flag (and a higher low) with the April 21 low. The bears They want the 20-week EMA or the March [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":236608,"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":[136,1843],"tags":[60],"class_list":{"0":"post-236484","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-analysis","8":"category-sp500-emini","9":"tag-sp-emini","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/Emini-Weekly-Retest-20-Week-EMA-Always-In-Long.jpg","author_info":{"display_name":"Andrew","author_link":"https:\/\/www.brookstradingcourse.com\/es\/author\/andrewa\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/236484","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\/2836"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/comments?post=236484"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/236484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/236608"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=236484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=236484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=236484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}