{"id":253929,"date":"2025-11-03T08:43:14","date_gmt":"2025-11-03T16:43:14","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=253929"},"modified":"2025-11-04T08:20:56","modified_gmt":"2025-11-04T16:20:56","slug":"e-mini-may-have-to-reach-7000","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/e-mini-may-have-to-reach-7000\/","title":{"rendered":"E-Mini May Have to Reach 7,000"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Monday November 3, 2025<\/h3>\n\n\n\n<h2 class=\"wp-block-heading\">S&amp;P E-mini market analysis<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">E-mini daily chart<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The E-mini has formed three consecutive bear bars above the October 10<sup>th<\/sup> breakout point high. This is a sign that the bulls are losing momentum, and the market will probably test back down to the October 10<sup>th<\/sup> breakout point high.<\/li>\n\n\n\n<li>The bulls still see the market as a bull channel and therefore a bull trend. &nbsp;While the bears are doing a good job of increasing the selling pressure, the reality is that they need to test below the October 10th major higher low.<\/li>\n\n\n\n<li>At a minimum, the Bears need to continue to make the market go sideways. The bulls know that they&#8217;re buying late in a bull trend. As a result, if the market continues to trade sideways, more and more bulls will exit, anticipating a pullback and a transition into a trading range.<\/li>\n\n\n\n<li>It&#8217;s possible that the market has to get up to 7,000 before the market will get a pullback in a test of the October 10th breakout point high, as well as the close of the bar.<\/li>\n\n\n\n<li>Because 7,000 is such an obvious round number that&#8217;s important, the market may be unable to escape the gravitational pull of 7,000. This means that there&#8217;s a reasonable chance the market will need to test up to 7,000 before it can achieve a reasonable pullback.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">E-mini 5-minute chart and what to expect today<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Today gapped up and formed a bear trend from the open, forming three consecutive bear bars, closing near their lows. This was strong enough that the odds favored a second leg down, which the Bears reached 13 low at the bar.<\/li>\n\n\n\n<li>While the first 12 bars were good for the Bears, they were within an overall trading range established last Friday. This increased the odds of reversal.<\/li>\n\n\n\n<li>The Bulls also had a reasonable buy signal bar above the bar 8 high. Because the day was likely a trading range day and not a bear trend, you&#8217;ll have bulls buying above bar 8 and scaling in lower. This increased the probability that bulls who bought above bar 8 and subsequently sold at a lower price were likely to make money, which they did during bar 18.<\/li>\n\n\n\n<li>As of bar 25, the market is deciding if the bears are strong enough to get a second leg down below the low of the day, bar 13. The Bulls are hopeful that the rally above bar 13 is an endless pullback that will lead to a test of the bar one low and the open of the day.<\/li>\n\n\n\n<li>Due to the sell-off down to bar 13, today is more likely to be a bearish trend or a trading range day, rather than a bullish trend day.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Friday&#8217;s E-mini setups<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/SP500-E-mini-5-Min-Gap-Up-on-Open-Then-Trading-Range-Day.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"382\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/SP500-E-mini-5-Min-Gap-Up-on-Open-Then-Trading-Range-Day-680x382.jpg\" alt=\"SP500 E-mini 5-Min Gap Up on Open Then Trading Range Day\" class=\"wp-image-253921\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/SP500-E-mini-5-Min-Gap-Up-on-Open-Then-Trading-Range-Day-680x382.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/SP500-E-mini-5-Min-Gap-Up-on-Open-Then-Trading-Range-Day-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/SP500-E-mini-5-Min-Gap-Up-on-Open-Then-Trading-Range-Day-768x431.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/SP500-E-mini-5-Min-Gap-Up-on-Open-Then-Trading-Range-Day.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Richard created the SP500 E-mini chart &#8211; Al travelling.<\/em><\/p>\n\n\n\n<p class=\"caption\">Here are reasonable stop entry setups from Friday. 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 E-mini.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Summary of today&#8217;s S&amp;P E-mini price action<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Sell-Climax-Reversal-into-Bull-Channel-Then-Tight-Trading-Range.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"382\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Sell-Climax-Reversal-into-Bull-Channel-Then-Tight-Trading-Range-680x382.jpg\" alt=\"SP500 E-mini 5-Min Sell Climax Reversal into Bull Channel Then Tight Trading Range\" class=\"wp-image-254208\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Sell-Climax-Reversal-into-Bull-Channel-Then-Tight-Trading-Range-680x382.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Sell-Climax-Reversal-into-Bull-Channel-Then-Tight-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Sell-Climax-Reversal-into-Bull-Channel-Then-Tight-Trading-Range-768x431.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Sell-Climax-Reversal-into-Bull-Channel-Then-Tight-Trading-Range.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Richard created the SP500 E-mini chart &#8211; Al travelling.<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">E-mini end of day video review<\/h3>\n\n\n\n<p>Periodic end of day review videos will be moved to top of page when done.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\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 E-mini price action real-time each day in the Brooks Trading Course <a href=\"https:\/\/www.brookstradingcourse.com\/online-day-trading-room\/\" target=\"_blank\" rel=\"noreferrer noopener\">trading room<\/a>. We offer a 2 day free trial.<\/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 E-mini 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: Monday November 3, 2025 S&amp;P E-mini market analysis E-mini daily chart E-mini 5-minute chart and what to expect today Friday&#8217;s E-mini setups Richard created the SP500 E-mini chart &#8211; Al travelling. Here are reasonable stop entry setups from Friday. I show each buy entry bar with a green arrow and each sell entry [&hellip;]<\/p>\n","protected":false},"author":5460,"featured_media":253921,"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":[60],"class_list":{"0":"post-253929","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-update","8":"category-analysis","9":"tag-sp-emini","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/SP500-E-mini-5-Min-Gap-Up-on-Open-Then-Trading-Range-Day.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\/253929","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=253929"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/253929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/253921"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=253929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=253929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=253929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}