{"id":254491,"date":"2025-11-12T08:42:40","date_gmt":"2025-11-12T16:42:40","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=254491"},"modified":"2025-11-12T23:13:20","modified_gmt":"2025-11-13T07:13:20","slug":"e-mini-bulls-likely-to-get-2nd-leg-up","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/e-mini-bulls-likely-to-get-2nd-leg-up\/","title":{"rendered":"E-Mini Bulls Likely to Get 2nd Leg Up"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Wednesday November 12, 2025<\/h3>\n\n\n\n<h2 class=\"wp-block-heading\">E-mini end of day video review<\/h2>\n\n\n\n<div class=\"wp-block-stackable-video-popup stk-block-video-popup stk-block stk-87e841b\" data-video=\"https:\/\/www.youtube.com\/watch?v=iyaM3LZh7Hc\" data-block-id=\"87e841b\"><div class=\"stk-block-video-popup__overlay stk-row stk-inner-blocks stk-block-content stk-hover-parent\" aria-label=\"Play Video\" tabindex=\"0\" role=\"button\">\n<div class=\"wp-block-stackable-icon stk-block-icon has-text-align-center stk-block stk-1796634\" data-block-id=\"1796634\"><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-1796634\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-1796634-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-1796634-color-2)\"><\/stop><\/linearGradient><\/defs><\/svg><svg data-prefix=\"fas\" data-icon=\"play\" class=\"svg-inline--fa fa-play fa-w-14\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\" aria-hidden=\"true\" width=\"32\" height=\"32\"><path fill=\"currentColor\" d=\"M424.4 214.7L72.4 6.6C43.8-10.3 0 6.1 0 47.9V464c0 37.5 40.7 60.1 72.4 41.3l352-208c31.4-18.5 31.5-64.1 0-82.6z\"><\/path><\/svg><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-stackable-image stk-block-image stk-block stk-f1ec38a\" data-block-id=\"f1ec38a\"><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-216272\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Emini-EOD-Review-Joseph-Imbornone.png\" width=\"1280\" height=\"720\" alt=\"Emini EOD Review Joseph Imbornone\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Emini-EOD-Review-Joseph-Imbornone.png 1280w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Emini-EOD-Review-Joseph-Imbornone-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Emini-EOD-Review-Joseph-Imbornone-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Emini-EOD-Review-Joseph-Imbornone-768x432.png 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/span><\/figure><\/div>\n<\/div><\/div>\n\n\n\n<p><em>Follow Joseph&#8217;s <a href=\"https:\/\/www.youtube.com\/@JosephImbornone10\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube channel<\/a> for more Al Brooks price action analysis.<\/em><\/p>\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 formed a 2<sup>nd<\/sup> consecutive bull bar, following last Friday&#8217;s bull reversal bar.<\/li>\n\n\n\n<li>This is a strong enough rally that the odds favor buyers blowing in a second leg up.<\/li>\n\n\n\n<li>Because the daily chart has evolved into a trading range, the odds favor sellers in the upper third of the previous bar leg down to last Friday&#8217;s low.<\/li>\n\n\n\n<li>This increases the odds that the current rally is going to get a pullback soon and start to go sideways.<\/li>\n\n\n\n<li>The bulls are hopeful that last Friday\u2019s reversal up is strong enough for the market to reach the all-time high. Even if the market reaches its all-time high, the rally will likely not be immediate, meaning there will likely be pullbacks along the way.<\/li>\n\n\n\n<li>Because the daily chart has likely evolved into a trading range, the odds favor sellers above the all-time high. As a result, the upside is likely limited.<\/li>\n\n\n\n<li>The 7,000 big round number is not far away, and the market will still see that round number as a magnet. This means that the market may have to rally above its all-time high and reach 7,000 before the bears can achieve a credible reversal on the daily chart.<\/li>\n\n\n\n<li>Overall, the rally over the past few days is strong enough that the odds favor a second leg up. However, because the rally is within a trading range, the bulls may need to hold through a deep pullback first. The pullback could test all the way down to last Friday&#8217;s breakout point high before the bulls come in.<\/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 second entry short with bar 3, and bar 3, which formed a strong entry bar on bar 4 for the Bears.<\/li>\n\n\n\n<li>Bars 3 and 4 were a strong enough breakout and follow-through that the odds favored a 2nd leg down, and the bears got a channel down to bar 21.<\/li>\n\n\n\n<li>Because of the wedge bottom down to 21, the odds favor a couple of legs sideways to up.<\/li>\n\n\n\n<li>The Bears will see the sell-off to 21 as being a strong enough bear breakout on a higher timeframe that the first reversal up to 25 is likely to be minor and lead to a trading range, and not the start of a strong reversal.<\/li>\n\n\n\n<li>Traders must be prepared for the possibility of the market having to retest the 21 close later today.<\/li>\n\n\n\n<li>The bulls are hoping that 22 is a major reversal, but the reality is that the channel down is tight enough that it is probably a minor reversal. This means that the Bulls will likely have to form a more credible double bottom, which would mean the market will probably retest the 21 low later today.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Yesterday&#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-Weeklong-Trading-Range-Breakout-and-Broad-Bull-Channel.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-Weeklong-Trading-Range-Breakout-and-Broad-Bull-Channel-680x382.jpg\" alt=\"SP500 E-mini 5-Min Weeklong Trading Range Breakout and Broad Bull Channel\" class=\"wp-image-254897\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Weeklong-Trading-Range-Breakout-and-Broad-Bull-Channel-680x382.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Weeklong-Trading-Range-Breakout-and-Broad-Bull-Channel-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Weeklong-Trading-Range-Breakout-and-Broad-Bull-Channel-768x431.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Weeklong-Trading-Range-Breakout-and-Broad-Bull-Channel.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 yesterday. 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-Gap-Up-to-Micro-DB-Then-Wedge-Bottom-in-Trading-Range-Day.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-Up-to-Micro-DB-Then-Wedge-Bottom-in-Trading-Range-Day-680x382.jpg\" alt=\"SP500 E-mini 5-Min Gap Up to Micro DB Then Wedge Bottom in Trading Range Day\" class=\"wp-image-254959\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Gap-Up-to-Micro-DB-Then-Wedge-Bottom-in-Trading-Range-Day-680x382.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Gap-Up-to-Micro-DB-Then-Wedge-Bottom-in-Trading-Range-Day-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Gap-Up-to-Micro-DB-Then-Wedge-Bottom-in-Trading-Range-Day-768x431.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Gap-Up-to-Micro-DB-Then-Wedge-Bottom-in-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<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: Wednesday November 12, 2025 E-mini end of day video review Follow Joseph&#8217;s YouTube channel for more Al Brooks price action analysis. S&amp;P E-mini market analysis E-mini daily chart E-mini 5-minute chart and what to expect today Yesterday&#8217;s E-mini setups Richard created the SP500 E-mini chart &#8211; Al travelling. Here are reasonable stop entry [&hellip;]<\/p>\n","protected":false},"author":5460,"featured_media":254897,"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":[153,136,241],"tags":[60],"class_list":{"0":"post-254491","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-update","8":"category-analysis","9":"category-video","10":"tag-sp-emini","11":"entry","12":"override","13":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/SP500-E-mini-5-Min-Weeklong-Trading-Range-Breakout-and-Broad-Bull-Channel.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\/254491","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=254491"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/254491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/254897"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=254491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=254491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=254491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}