S&P500 E-mini futures<\/h2>\n\n\n\nThe Weekly<\/em> S&P 500 E-mini chart<\/h3>\n\n\n\n![\"E-mini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/E-mini-Weekly-Bears-Want-LH-MTR-Bulls-Want-Retest-ATH-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- This week formed a bear doji closing above the middle of its range with a long tail below.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would watch whether bulls could trigger the High 1 buy entry with sustained follow-through buying to retest the all-time high, or whether bears could create a second leg sideways to down.<\/li>\n\n\n\n
- The market traded above last week’s high, triggering the High 1 buy entry. The long tail below indicates a weak attempt by bears to reverse the move.<\/li>\n\n\n\n
- Previously, bulls generated a strong rally in a spike and bull channel from the March 30 low.<\/li>\n\n\n\n
- Bulls want a measured move to around 8000, based on the height of the initial spike (from the March 30 low to the April 17 high).<\/li>\n\n\n\n
- Bulls see the recent move (June 12) as a pullback and want a retest of the all-time high.<\/li>\n\n\n\n
- They hope the pullback has alleviated the recent overbought conditions.<\/li>\n\n\n\n
- Bulls want the pullback to be weak and sideways, lacking follow-through selling, with overlapping candlesticks and prominent lower tails.<\/li>\n\n\n\n
- Bulls need to create sustained follow-through buying to increase the odds of a breakout and trend resumption.<\/li>\n\n\n\n
- If the market trades lower, bulls want the June 12 low to act as support, forming a double bottom bull flag.<\/li>\n\n\n\n
- Bears view the recent move (June 1) as an unsustainable buy climax.<\/li>\n\n\n\n
- Bears want a reversal from a trend channel line overshoot, followed by a test of the April 23 low, which marked the start of the bull channel, or a test of the bull trend line.<\/li>\n\n\n\n
- Bears hope for a two-legged sideways-to-down pullback lasting several weeks.<\/li>\n\n\n\n
- Bears want the retest of the trend extreme high to be weak, forming a lower high major trend reversal or a small double top.<\/li>\n\n\n\n
- Bears need to create consecutive strong bear bars to indicate strength. Without that, traders will be reluctant to sell aggressively.<\/li>\n\n\n\n
- Previously, the market rallied in a strong spike-and-channel bull trend, breaking above the trend channel line.<\/li>\n\n\n\n
- Failed breakouts above a trend channel line can lead to a test of the bull trend line.<\/li>\n\n\n\n
- However, if the pullback is mostly sideways, with overlapping candlesticks and prominent lower tails, it can indicate strong bulls and increase the odds of trend continuation after the pullback.<\/li>\n\n\n\n
- The long tails below the last two candlesticks suggest that bears are not yet decisively strong.<\/li>\n\n\n\n
- Traders will watch whether bulls can generate sustained follow-through buying to retest the all-time high and resume the trend.<\/li>\n\n\n\n
- Or whether the market forms a weak retest of the all-time high, followed by a second leg sideways to down in the weeks ahead, even if it first makes a new all-time high.<\/li>\n\n\n\n
- For now, the current pullback is likely to remain minor.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> S&P 500 E-mini chart<\/h3>\n\n\n\n![\"E-mini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/E-mini-Daily-Bears-Need-FT-Selling-Bulls-Target-ATH-Retest-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The market gapped up on Monday, closing as a small bull bar. It then pulled back to the 20-day EMA, followed by an inside doji on Thursday.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would watch whether bears could create a larger second leg sideways to down to retest the June 9 low or the April 23 low, or whether the pullback would remain weak, increasing the odds of a retest of the all-time high within the next few weeks.<\/li>\n\n\n\n
- Bears view the recent rally (June 1) as overextended and climactic.<\/li>\n\n\n\n
- Bears want a reversal from a wedge top (May 1, May 14, and June 1) and a higher high major trend reversal (June 1).<\/li>\n\n\n\n
- Bears want a failed breakout above the trend channel line, followed by a pullback to test the April 23 low area or the bull trend line.<\/li>\n\n\n\n
- Bears see this week as a retest of the prior high and want a reversal from a lower high major trend reversal.<\/li>\n\n\n\n
- They want a second leg sideways to down to retest the June 9 low.<\/li>\n\n\n\n
- Bears see the current move as a retest of the all-time high and want it to be weak, with overlapping candlesticks, bear bars, and prominent upper tails, forming a double top.<\/li>\n\n\n\n
- Bears need consecutive strong bear bars to show decisive control.<\/li>\n\n\n\n
- Previously, bulls generated a strong spike-and-channel bull trend.<\/li>\n\n\n\n
- Bulls want a measured move to around 8000, based on the height of the initial spike (from the March 30 low to the April 17 high).<\/li>\n\n\n\n
- Bulls view the recent move (June 9) as a pullback and want a retest and breakout above the all-time high.<\/li>\n\n\n\n
- They hope the pullback has alleviated the recent overbought conditions.<\/li>\n\n\n\n
- If the market trades lower, bulls want the June 9 low to act as support, forming a double bottom bull flag.<\/li>\n\n\n\n
- Bulls want any pullback to be weak and sideways, with overlapping candlesticks, bull bars, and prominent lower tails.<\/li>\n\n\n\n
- Bulls need consecutive strong bull bars to increase the odds of a retest of the all-time high and trend resumption.<\/li>\n\n\n\n
- The recent pullback (June 9) broke below the bull channel, marking the first significant sign of selling pressure since the March 30 low.<\/li>\n\n\n\n
- Traders will watch whether bears can create a second leg sideways to down to retest the June 9 low, even if it only forms a higher low.<\/li>\n\n\n\n
- Or will the market trade higher and make a new all-time high within the next few weeks?<\/li>\n\n\n\n
- Traders expect at least a small sideways-to-up leg to retest the all-time high after the pullback, whether it forms a lower high or resumes the trend.<\/li>\n\n\n\n
- For now, the pullback may remain minor, even if it lasts a few weeks.<\/li>\n<\/ul>\n\n\n\n
Trading room<\/h2>\n\n\n\n
Al Brooks and other presenters talk about the detailed E-mini price action real-time each day in the Brooks Trading Course 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
![\"E-mini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/E-mini-Weekly-Bears-Want-LH-MTR-Bulls-Want-Retest-ATH.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n
- \n
- This week formed a bear doji closing above the middle of its range with a long tail below.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would watch whether bulls could trigger the High 1 buy entry with sustained follow-through buying to retest the all-time high, or whether bears could create a second leg sideways to down.<\/li>\n\n\n\n
- The market traded above last week’s high, triggering the High 1 buy entry. The long tail below indicates a weak attempt by bears to reverse the move.<\/li>\n\n\n\n
- Previously, bulls generated a strong rally in a spike and bull channel from the March 30 low.<\/li>\n\n\n\n
- Bulls want a measured move to around 8000, based on the height of the initial spike (from the March 30 low to the April 17 high).<\/li>\n\n\n\n
- Bulls see the recent move (June 12) as a pullback and want a retest of the all-time high.<\/li>\n\n\n\n
- They hope the pullback has alleviated the recent overbought conditions.<\/li>\n\n\n\n
- Bulls want the pullback to be weak and sideways, lacking follow-through selling, with overlapping candlesticks and prominent lower tails.<\/li>\n\n\n\n
- Bulls need to create sustained follow-through buying to increase the odds of a breakout and trend resumption.<\/li>\n\n\n\n
- If the market trades lower, bulls want the June 12 low to act as support, forming a double bottom bull flag.<\/li>\n\n\n\n
- Bears view the recent move (June 1) as an unsustainable buy climax.<\/li>\n\n\n\n
- Bears want a reversal from a trend channel line overshoot, followed by a test of the April 23 low, which marked the start of the bull channel, or a test of the bull trend line.<\/li>\n\n\n\n
- Bears hope for a two-legged sideways-to-down pullback lasting several weeks.<\/li>\n\n\n\n
- Bears want the retest of the trend extreme high to be weak, forming a lower high major trend reversal or a small double top.<\/li>\n\n\n\n
- Bears need to create consecutive strong bear bars to indicate strength. Without that, traders will be reluctant to sell aggressively.<\/li>\n\n\n\n
- Previously, the market rallied in a strong spike-and-channel bull trend, breaking above the trend channel line.<\/li>\n\n\n\n
- Failed breakouts above a trend channel line can lead to a test of the bull trend line.<\/li>\n\n\n\n
- However, if the pullback is mostly sideways, with overlapping candlesticks and prominent lower tails, it can indicate strong bulls and increase the odds of trend continuation after the pullback.<\/li>\n\n\n\n
- The long tails below the last two candlesticks suggest that bears are not yet decisively strong.<\/li>\n\n\n\n
- Traders will watch whether bulls can generate sustained follow-through buying to retest the all-time high and resume the trend.<\/li>\n\n\n\n
- Or whether the market forms a weak retest of the all-time high, followed by a second leg sideways to down in the weeks ahead, even if it first makes a new all-time high.<\/li>\n\n\n\n
- For now, the current pullback is likely to remain minor.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> S&P 500 E-mini chart<\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n- \n
- The market gapped up on Monday, closing as a small bull bar. It then pulled back to the 20-day EMA, followed by an inside doji on Thursday.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would watch whether bears could create a larger second leg sideways to down to retest the June 9 low or the April 23 low, or whether the pullback would remain weak, increasing the odds of a retest of the all-time high within the next few weeks.<\/li>\n\n\n\n
- Bears view the recent rally (June 1) as overextended and climactic.<\/li>\n\n\n\n
- Bears want a reversal from a wedge top (May 1, May 14, and June 1) and a higher high major trend reversal (June 1).<\/li>\n\n\n\n
- Bears want a failed breakout above the trend channel line, followed by a pullback to test the April 23 low area or the bull trend line.<\/li>\n\n\n\n
- Bears see this week as a retest of the prior high and want a reversal from a lower high major trend reversal.<\/li>\n\n\n\n
- They want a second leg sideways to down to retest the June 9 low.<\/li>\n\n\n\n
- Bears see the current move as a retest of the all-time high and want it to be weak, with overlapping candlesticks, bear bars, and prominent upper tails, forming a double top.<\/li>\n\n\n\n
- Bears need consecutive strong bear bars to show decisive control.<\/li>\n\n\n\n
- Previously, bulls generated a strong spike-and-channel bull trend.<\/li>\n\n\n\n
- Bulls want a measured move to around 8000, based on the height of the initial spike (from the March 30 low to the April 17 high).<\/li>\n\n\n\n
- Bulls view the recent move (June 9) as a pullback and want a retest and breakout above the all-time high.<\/li>\n\n\n\n
- They hope the pullback has alleviated the recent overbought conditions.<\/li>\n\n\n\n
- If the market trades lower, bulls want the June 9 low to act as support, forming a double bottom bull flag.<\/li>\n\n\n\n
- Bulls want any pullback to be weak and sideways, with overlapping candlesticks, bull bars, and prominent lower tails.<\/li>\n\n\n\n
- Bulls need consecutive strong bull bars to increase the odds of a retest of the all-time high and trend resumption.<\/li>\n\n\n\n
- The recent pullback (June 9) broke below the bull channel, marking the first significant sign of selling pressure since the March 30 low.<\/li>\n\n\n\n
- Traders will watch whether bears can create a second leg sideways to down to retest the June 9 low, even if it only forms a higher low.<\/li>\n\n\n\n
- Or will the market trade higher and make a new all-time high within the next few weeks?<\/li>\n\n\n\n
- Traders expect at least a small sideways-to-up leg to retest the all-time high after the pullback, whether it forms a lower high or resumes the trend.<\/li>\n\n\n\n
- For now, the pullback may remain minor, even if it lasts a few weeks.<\/li>\n<\/ul>\n\n\n\n
Trading room<\/h2>\n\n\n\n
Al Brooks and other presenters talk about the detailed E-mini price action real-time each day in the Brooks Trading Course 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