{"id":254487,"date":"2025-11-10T06:20:00","date_gmt":"2025-11-10T14:20:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=254487"},"modified":"2025-11-11T05:37:31","modified_gmt":"2025-11-11T13:37:31","slug":"e-mini-buyers-on-test-of-october-10th-close","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/e-mini-buyers-on-test-of-october-10th-close\/","title":{"rendered":"E-mini Buyers on Test of October 10th Close"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Monday November 10, 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 gapped up on the daily chart following last Friday\u2019s bull reversal bar, closing on its high. This is a strong enough reversal bar after three legs down from the prior All-time high that the odds favored a 2<sup>nd<\/sup> leg up.<\/li>\n\n\n\n<li>Because of the three legs down and the wedge bottom with last Friday\u2019s low, traders would expect a test of the November 6<sup>th<\/sup> high, which was tested on today\u2019s open.<\/li>\n\n\n\n<li>October 10<sup>th<\/sup> was a strong enough downside breakout that the odds favored a test of its close.<\/li>\n\n\n\n<li>Last Friday test into the bottom 1\/3<sup>rd<\/sup> of the October 10<sup>th<\/sup> range, which his good for the bears and was likely to cause buying. This meant that last Friday was unlikely to form a second consecutive bear trend bar closing on its low.<\/li>\n\n\n\n<li>Overall, the daily chart has converted into a trading range. Even if the daily chart rallies for a couple of legs, the odds will favor sellers, and ultimately, the daily chart will fall below the October 10<sup>th<\/sup> close.<\/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 formed a large gap up and formed consecutive bull bars on the open. This increased the odds of a trading range day or a bull trend day, and not a bear trend day.<\/li>\n\n\n\n<li>The bears formed a wedge top with bar 12 and an opening reversal.<\/li>\n\n\n\n<li>The selloff down to bar 19 was good for the bears and likely to get a 2<sup>nd<\/sup> leg down. Although the selloff to 19 was strong, the context was not ideal because of the gap up, which is a sign of strong buying pressure.<\/li>\n\n\n\n<li>Bar 27 is a possible low for the next couple of hours. The bulls want a test back to the 16 low, which was a location where they got trapped during the selloff.<\/li>\n\n\n\n<li>Because today is likely a trading range day, the market will probably test back to the 16 low later today.<\/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\/11\/SP500-E-mini-5-Min-Gap-Down-Weak-Bear-Channel-Then-Major-Trend-Reversal.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-Gap-Down-Weak-Bear-Channel-Then-Major-Trend-Reversal-680x382.jpg\" alt=\"SP500 E-mini 5-Min Gap Down Weak Bear Channel Then Major Trend Reversal\" class=\"wp-image-254485\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Gap-Down-Weak-Bear-Channel-Then-Major-Trend-Reversal-680x382.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Gap-Down-Weak-Bear-Channel-Then-Major-Trend-Reversal-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Gap-Down-Weak-Bear-Channel-Then-Major-Trend-Reversal-768x431.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Gap-Down-Weak-Bear-Channel-Then-Major-Trend-Reversal.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-Wedge-Bottom-and-Then-Strong-Bull-Trend.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-Wedge-Bottom-and-Then-Strong-Bull-Trend-680x382.jpg\" alt=\"SP500 E-mini 5-Min Wedge Bottom and Then Strong Bull Trend\" class=\"wp-image-254853\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Wedge-Bottom-and-Then-Strong-Bull-Trend-680x382.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Wedge-Bottom-and-Then-Strong-Bull-Trend-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Wedge-Bottom-and-Then-Strong-Bull-Trend-768x431.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Wedge-Bottom-and-Then-Strong-Bull-Trend.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 10, 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":254485,"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-254487","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\/11\/SP500-E-mini-5-Min-Gap-Down-Weak-Bear-Channel-Then-Major-Trend-Reversal.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\/254487","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=254487"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/254487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/254485"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=254487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=254487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=254487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}