The Weekly<\/em> S&P 500 Emini chart<\/h3>\n\n\n\n![\"Emini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-Weekly-Bulls-Need-FT-Buying-Final-flag-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- This\u00a0week\u2019s Emini candlestick\u00a0<\/a>was an outside bull bar closing in its upper half.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would see if the bulls could create follow-through buying above the December 6 high, or if the market would stall and form a pullback in the weeks ahead instead.<\/li>\n\n\n\n
- The market traded slightly lower on Wednesday, but there was no follow-through selling. The market made a new high on Friday, closing the candlestick as a small bear bar.<\/li>\n\n\n\n
- The bulls have a breakout above the December 6 high and want a resumption of the bull trend.<\/li>\n\n\n\n
- They want another strong leg up from a double bottom bull flag (May 23 and Jun 23).<\/li>\n\n\n\n
- They want a Leg 1 = Leg 2 move, which will take the market to the 6800 area (leg 1 being the Apr 21 low to the May 19 high).<\/li>\n\n\n\n
- They must create a strong breakout above the prior all-time high (Dec 6) with follow-through buying to increase the odds of a sustained move.<\/li>\n\n\n\n
- The bears see the current move as a buy vacuum retest of the prior trend’s extreme high (Dec 6).<\/li>\n\n\n\n
- They want a reversal from a higher high major trend reversal and a double top (Dec 6).<\/li>\n\n\n\n
- They want a failed breakout above the prior all-time high.<\/li>\n\n\n\n
- If the market trades higher, they see the last 3 weeks forming a possible final flag of the move.<\/li>\n\n\n\n
- They must create strong consecutive bear bars to show they are back in control. So far, they haven\u2019t been able to do so since the April low.<\/li>\n\n\n\n
- So far, the move up since the April 21 low is in a tight bull channel.<\/li>\n\n\n\n
- The buying pressure is stronger (strong consecutive bull bars closing near their highs) than the weaker selling pressure (bear bars with limited follow-through selling).<\/li>\n\n\n\n
- The market could still trade at least a little higher.<\/li>\n\n\n\n
- The market is Always In Long.<\/li>\n\n\n\n
- Traders will see if the bulls can create follow-through buying above the December 6 high.<\/li>\n\n\n\n
- Or will the market stall and form a pullback in the weeks ahead instead?<\/li>\n\n\n\n
- For now, the market remains in the sideways to up phase.<\/li>\n\n\n\n
- Odds slightly favor any pullback to be minor.<\/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\/07\/Emini-Daily-Sideways-Consolidation-Bulls-Need-FT-Buying-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The market traded sideways early in the week. Wednesday tested near the 20-day EMA, but there was no follow-through selling. Friday opened higher, making a new all-time high, but reversed to close as a small bear bar.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would see if the bulls could create follow-through buying above the December 6 high, or if the market would stall around the December 6 high area, followed by a pullback in the weeks ahead instead.<\/li>\n\n\n\n
- So far, the market is trading sideways around the December 6 high area.<\/li>\n\n\n\n
- The bulls got a strong retest of the December 6 high in a tight bull channel.<\/li>\n\n\n\n
- They want the broad bull channel to continue and a measured move (a Leg 1 = Leg 2 move will take the market to the 6800 area – leg 1 being the Apr 21 low to the May 19 high).<\/li>\n\n\n\n
- They see the pullback on Wednesday forming a small double bottom bull flag (Jul 7 and Jul 16).<\/li>\n\n\n\n
- They must create a strong breakout above the December 6 high with sustained follow-through buying to increase the odds of a sustained move up.<\/li>\n\n\n\n
- They want the 20-day EMA to act as support.<\/li>\n\n\n\n
- If there is a deeper pullback, they want the June low area to act as support.<\/li>\n\n\n\n
- The bears see the current move as a retest of the prior trend’s extreme high (Dec 6).<\/li>\n\n\n\n
- They want a reversal from a higher high major trend reversal and a wedge pattern (May 2, May 19, and Jul 18).<\/li>\n\n\n\n
- They see the sideways trading range forming a micro wedge (Jul 10, Jul 15, and Jul 18).<\/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 20-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, indicating strong bullish momentum.<\/li>\n\n\n\n
- The buying pressure remains stronger (consecutive bull bars) compared to the weaker selling pressure (bear bars with limited follow-through selling).<\/li>\n\n\n\n
- The market formed a tight consolidation in the last 11 trading days.<\/li>\n\n\n\n
- The market is Always In Long.<\/li>\n\n\n\n
- For now, traders will see if the bulls can create follow-through buying above the December 6 high.<\/li>\n\n\n\n
- Or will the market stall around the December 6 high area, followed by a pullback in the weeks ahead instead?<\/li>\n\n\n\n
- The market remains in the sideways to up phase.<\/li>\n\n\n\n
- Odds favor any pullback to be minor.<\/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\/07\/Emini-Weekly-Bulls-Need-FT-Buying-Final-flag.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n
- \n
- This\u00a0week\u2019s Emini candlestick\u00a0<\/a>was an outside bull bar closing in its upper half.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would see if the bulls could create follow-through buying above the December 6 high, or if the market would stall and form a pullback in the weeks ahead instead.<\/li>\n\n\n\n
- The market traded slightly lower on Wednesday, but there was no follow-through selling. The market made a new high on Friday, closing the candlestick as a small bear bar.<\/li>\n\n\n\n
- The bulls have a breakout above the December 6 high and want a resumption of the bull trend.<\/li>\n\n\n\n
- They want another strong leg up from a double bottom bull flag (May 23 and Jun 23).<\/li>\n\n\n\n
- They want a Leg 1 = Leg 2 move, which will take the market to the 6800 area (leg 1 being the Apr 21 low to the May 19 high).<\/li>\n\n\n\n
- They must create a strong breakout above the prior all-time high (Dec 6) with follow-through buying to increase the odds of a sustained move.<\/li>\n\n\n\n
- The bears see the current move as a buy vacuum retest of the prior trend’s extreme high (Dec 6).<\/li>\n\n\n\n
- They want a reversal from a higher high major trend reversal and a double top (Dec 6).<\/li>\n\n\n\n
- They want a failed breakout above the prior all-time high.<\/li>\n\n\n\n
- If the market trades higher, they see the last 3 weeks forming a possible final flag of the move.<\/li>\n\n\n\n
- They must create strong consecutive bear bars to show they are back in control. So far, they haven\u2019t been able to do so since the April low.<\/li>\n\n\n\n
- So far, the move up since the April 21 low is in a tight bull channel.<\/li>\n\n\n\n
- The buying pressure is stronger (strong consecutive bull bars closing near their highs) than the weaker selling pressure (bear bars with limited follow-through selling).<\/li>\n\n\n\n
- The market could still trade at least a little higher.<\/li>\n\n\n\n
- The market is Always In Long.<\/li>\n\n\n\n
- Traders will see if the bulls can create follow-through buying above the December 6 high.<\/li>\n\n\n\n
- Or will the market stall and form a pullback in the weeks ahead instead?<\/li>\n\n\n\n
- For now, the market remains in the sideways to up phase.<\/li>\n\n\n\n
- Odds slightly favor any pullback to be minor.<\/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 traded sideways early in the week. Wednesday tested near the 20-day EMA, but there was no follow-through selling. Friday opened higher, making a new all-time high, but reversed to close as a small bear bar.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would see if the bulls could create follow-through buying above the December 6 high, or if the market would stall around the December 6 high area, followed by a pullback in the weeks ahead instead.<\/li>\n\n\n\n
- So far, the market is trading sideways around the December 6 high area.<\/li>\n\n\n\n
- The bulls got a strong retest of the December 6 high in a tight bull channel.<\/li>\n\n\n\n
- They want the broad bull channel to continue and a measured move (a Leg 1 = Leg 2 move will take the market to the 6800 area – leg 1 being the Apr 21 low to the May 19 high).<\/li>\n\n\n\n
- They see the pullback on Wednesday forming a small double bottom bull flag (Jul 7 and Jul 16).<\/li>\n\n\n\n
- They must create a strong breakout above the December 6 high with sustained follow-through buying to increase the odds of a sustained move up.<\/li>\n\n\n\n
- They want the 20-day EMA to act as support.<\/li>\n\n\n\n
- If there is a deeper pullback, they want the June low area to act as support.<\/li>\n\n\n\n
- The bears see the current move as a retest of the prior trend’s extreme high (Dec 6).<\/li>\n\n\n\n
- They want a reversal from a higher high major trend reversal and a wedge pattern (May 2, May 19, and Jul 18).<\/li>\n\n\n\n
- They see the sideways trading range forming a micro wedge (Jul 10, Jul 15, and Jul 18).<\/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 20-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, indicating strong bullish momentum.<\/li>\n\n\n\n
- The buying pressure remains stronger (consecutive bull bars) compared to the weaker selling pressure (bear bars with limited follow-through selling).<\/li>\n\n\n\n
- The market formed a tight consolidation in the last 11 trading days.<\/li>\n\n\n\n
- The market is Always In Long.<\/li>\n\n\n\n
- For now, traders will see if the bulls can create follow-through buying above the December 6 high.<\/li>\n\n\n\n
- Or will the market stall around the December 6 high area, followed by a pullback in the weeks ahead instead?<\/li>\n\n\n\n
- The market remains in the sideways to up phase.<\/li>\n\n\n\n
- Odds favor any pullback to be minor.<\/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 bulls could create follow-through buying above the December 6 high, or if the market would stall and form a pullback in the weeks ahead instead.<\/li>\n\n\n\n