The Weekly<\/em> S&P 500 Emini chart<\/h3>\n\n\n\n![\"Emini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/Emini-Weekly-Bears-Need-Strong-Follow-through-Selling-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- This\u00a0week\u2019s Emini candlestick\u00a0<\/a>was a bear bar closing near its low with a prominent tail above.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would see if the bears could create a strong bear entry bar, or if the market would trade lower, but close with a long tail below or with a bull body instead.<\/li>\n\n\n\n
- The bears got a bear entry bar (the market traded below last week\u2019s low), but the candlestick overlapped the prior week\u2019s range. That indicates the bears are not yet strong.<\/li>\n\n\n\n
- They see the current move (Jun 11) as a retest of the prior trend’s extreme high (Dec 6).<\/li>\n\n\n\n
- They want the market to form a lower high major trend reversal or a double top.<\/li>\n\n\n\n
- They want a reversal from a wedge pattern (May 2, May 19, and Jun 11).<\/li>\n\n\n\n
- They must create strong bear bars trading below the 20-week EMA and the bull trend line to show they are back in control.<\/li>\n\n\n\n
- The bulls see the selloff (Apr 7) forming a major higher low and want a resumption of the trend.<\/li>\n\n\n\n
- They want a retest and breakout above the all-time high (Dec 6).<\/li>\n\n\n\n
- If the market trades lower, they want the 20-week EMA to act as support.<\/li>\n\n\n\n
- If a deeper pullback forms, they want the 100-week EMA or the April 30 low area to act as support, forming a larger higher low major trend reversal.<\/li>\n\n\n\n
- Since this week\u2019s candlestick was a bear bar closing near its low, it can be a sell signal bar for next week.<\/li>\n\n\n\n
- The market could trade at least a little lower.<\/li>\n\n\n\n
- The market likely has flipped into Always In Long.<\/li>\n\n\n\n
- 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
- While the move is strong, the rally has lasted a long time. The last 6 candlesticks also had overlapping ranges indicating a loss of momentum.<\/li>\n\n\n\n
- The market may have to form a pullback before the move resumes higher.<\/li>\n\n\n\n
- A pullback can be as small as a 1- or 2-bar move or as large as a 50% pullback of the rally (to around 5500 area).<\/li>\n\n\n\n
- For now, traders will see if the bears can create a follow-through bear testing near the 20-week EMA.<\/li>\n\n\n\n
- Or will the market trade slightly lower, but closes with a long tail below or with a bull body instead?<\/li>\n\n\n\n
- If a pullback forms but is weak and mostly sideways, the odds of another leg up after the pullback will increase.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> S&P 500 Emini chart<\/h3>\n\n\n\n![\"Emini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/Emini-Daily-Bears-Need-Strong-Follow-through-Selling-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The market gapped up on Monday to retest the Jun 11 high. The market traded sideways to down for the rest of the week, testing the 20-day EMA on Friday.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would see if the bears could create strong consecutive bear bars breaking below the 20- or 200-day EMA, or if the market would continue to trade sideways above the 20- or 200-day EMA instead.<\/li>\n\n\n\n
- So far, the market is still trading sideways above the 20-day EMA.<\/li>\n\n\n\n
- Previously, the bulls got a strong reversal in a tight bull channel.<\/li>\n\n\n\n
- They see the selloff forming a major higher low (Apr 7) and want the broad bull channel to continue.<\/li>\n\n\n\n
- They want a retest of the all-time high followed by a breakout above.<\/li>\n\n\n\n
- If the market trades lower, they want the May 23 low or the 20- or 200-day EMA to act as support.<\/li>\n\n\n\n
- If a deeper pullback forms, they want the April 30 low area to act as support.<\/li>\n\n\n\n
- The bears see the current move as a retest of the prior trend extreme high (Dec 6).<\/li>\n\n\n\n
- They want a reversal from a lower high major trend reversal and a wedge pattern (May 2, May 19, and Jun 11).<\/li>\n\n\n\n
- They want a TBTL (Ten Bars, Two Legs) pullback lasting a few weeks.<\/li>\n\n\n\n
- They must create consecutive bear bars closing near their lows trading far below the May 23 low and the 200-day EMA to increase the odds of a deeper pullback.<\/li>\n\n\n\n
- The move from the April 21 low is in a tight bull channel which means strong bulls.<\/li>\n\n\n\n
- The market likely has flipped into Always In Long.<\/li>\n\n\n\n
- The rally has lasted a long time and is slightly climactic. A minor pullback could form within the next few weeks.<\/li>\n\n\n\n
- If a pullback forms, traders will see the strength of the move. If it remains shallow and sideways, holding around the 20- or 200-day EMA, the odds of another leg up will increase after the pullback.<\/li>\n\n\n\n
- For now, traders will see if the bears can create strong consecutive bear bars breaking below the 20- or 200-day EMA.<\/li>\n\n\n\n
- Or will the market trade sideways above the 20- or 200-day EMA instead?<\/li>\n<\/ul>\n\n\n\n
Trading room<\/h2>\n\n\n\n
Al Brooks and other presenters talk about the detailed Emini price action real-time each day in the BrooksPriceAction.com trading room<\/a>. We offer a 2 day free trial<\/a>.<\/p>\n\n\n\n
\n\n\n\nMarket analysis reports archive<\/h3>\n\n\n\n
![\"Emini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/Emini-Weekly-Bears-Need-Strong-Follow-through-Selling.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n
- \n
- This\u00a0week\u2019s Emini candlestick\u00a0<\/a>was a bear bar closing near its low with a prominent tail above.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would see if the bears could create a strong bear entry bar, or if the market would trade lower, but close with a long tail below or with a bull body instead.<\/li>\n\n\n\n
- The bears got a bear entry bar (the market traded below last week\u2019s low), but the candlestick overlapped the prior week\u2019s range. That indicates the bears are not yet strong.<\/li>\n\n\n\n
- They see the current move (Jun 11) as a retest of the prior trend’s extreme high (Dec 6).<\/li>\n\n\n\n
- They want the market to form a lower high major trend reversal or a double top.<\/li>\n\n\n\n
- They want a reversal from a wedge pattern (May 2, May 19, and Jun 11).<\/li>\n\n\n\n
- They must create strong bear bars trading below the 20-week EMA and the bull trend line to show they are back in control.<\/li>\n\n\n\n
- The bulls see the selloff (Apr 7) forming a major higher low and want a resumption of the trend.<\/li>\n\n\n\n
- They want a retest and breakout above the all-time high (Dec 6).<\/li>\n\n\n\n
- If the market trades lower, they want the 20-week EMA to act as support.<\/li>\n\n\n\n
- If a deeper pullback forms, they want the 100-week EMA or the April 30 low area to act as support, forming a larger higher low major trend reversal.<\/li>\n\n\n\n
- Since this week\u2019s candlestick was a bear bar closing near its low, it can be a sell signal bar for next week.<\/li>\n\n\n\n
- The market could trade at least a little lower.<\/li>\n\n\n\n
- The market likely has flipped into Always In Long.<\/li>\n\n\n\n
- 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
- While the move is strong, the rally has lasted a long time. The last 6 candlesticks also had overlapping ranges indicating a loss of momentum.<\/li>\n\n\n\n
- The market may have to form a pullback before the move resumes higher.<\/li>\n\n\n\n
- A pullback can be as small as a 1- or 2-bar move or as large as a 50% pullback of the rally (to around 5500 area).<\/li>\n\n\n\n
- For now, traders will see if the bears can create a follow-through bear testing near the 20-week EMA.<\/li>\n\n\n\n
- Or will the market trade slightly lower, but closes with a long tail below or with a bull body instead?<\/li>\n\n\n\n
- If a pullback forms but is weak and mostly sideways, the odds of another leg up after the pullback will increase.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> S&P 500 Emini chart<\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n- \n
- The market gapped up on Monday to retest the Jun 11 high. The market traded sideways to down for the rest of the week, testing the 20-day EMA on Friday.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would see if the bears could create strong consecutive bear bars breaking below the 20- or 200-day EMA, or if the market would continue to trade sideways above the 20- or 200-day EMA instead.<\/li>\n\n\n\n
- So far, the market is still trading sideways above the 20-day EMA.<\/li>\n\n\n\n
- Previously, the bulls got a strong reversal in a tight bull channel.<\/li>\n\n\n\n
- They see the selloff forming a major higher low (Apr 7) and want the broad bull channel to continue.<\/li>\n\n\n\n
- They want a retest of the all-time high followed by a breakout above.<\/li>\n\n\n\n
- If the market trades lower, they want the May 23 low or the 20- or 200-day EMA to act as support.<\/li>\n\n\n\n
- If a deeper pullback forms, they want the April 30 low area to act as support.<\/li>\n\n\n\n
- The bears see the current move as a retest of the prior trend extreme high (Dec 6).<\/li>\n\n\n\n
- They want a reversal from a lower high major trend reversal and a wedge pattern (May 2, May 19, and Jun 11).<\/li>\n\n\n\n
- They want a TBTL (Ten Bars, Two Legs) pullback lasting a few weeks.<\/li>\n\n\n\n
- They must create consecutive bear bars closing near their lows trading far below the May 23 low and the 200-day EMA to increase the odds of a deeper pullback.<\/li>\n\n\n\n
- The move from the April 21 low is in a tight bull channel which means strong bulls.<\/li>\n\n\n\n
- The market likely has flipped into Always In Long.<\/li>\n\n\n\n
- The rally has lasted a long time and is slightly climactic. A minor pullback could form within the next few weeks.<\/li>\n\n\n\n
- If a pullback forms, traders will see the strength of the move. If it remains shallow and sideways, holding around the 20- or 200-day EMA, the odds of another leg up will increase after the pullback.<\/li>\n\n\n\n
- For now, traders will see if the bears can create strong consecutive bear bars breaking below the 20- or 200-day EMA.<\/li>\n\n\n\n
- Or will the market trade sideways above the 20- or 200-day EMA instead?<\/li>\n<\/ul>\n\n\n\n
Trading room<\/h2>\n\n\n\n
Al Brooks and other presenters talk about the detailed Emini price action real-time each day in the BrooksPriceAction.com trading room<\/a>. We offer a 2 day free trial<\/a>.<\/p>\n\n\n\n
\n\n\n\nMarket analysis reports archive<\/h3>\n\n\n\n
- Last week<\/a>, we said traders would see if the bears could create a strong bear entry bar, or if the market would trade lower, but close with a long tail below or with a bull body instead.<\/li>\n\n\n\n