{"id":272100,"date":"2026-06-26T11:55:37","date_gmt":"2026-06-26T18:55:37","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=272100"},"modified":"2026-06-26T11:55:40","modified_gmt":"2026-06-26T18:55:40","slug":"e-mini-bulls-want-test-of-all-time-high-2","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/e-mini-bulls-want-test-of-all-time-high-2\/","title":{"rendered":"E-mini Bulls Want Test of All-Time High"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Friday June 26, 2026<\/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 daily chart of the E-mini continues to go sideways, forming a triangle inside a contracting trading range.<\/li>\n\n\n\n<li>The bears sold off, testing near the June 10 Low 1 short, and the bulls have so far been buying.<\/li>\n\n\n\n<li>The bulls are hopeful that the market will form a higher low compared to the June 11 low; next, they want a bull bar closing on its high and a rally back to the June 2 all-time high.<\/li>\n\n\n\n<li>At the moment, the odds favor a test of the all-time high.<\/li>\n\n\n\n<li>The three-bar rally from the June 11 low up to the June 15 high is strong enough that the odds favor a second leg up, while the bears are hoping for a strong downside breakout.<\/li>\n\n\n\n<li>The reality is that, because of the tight bull channel lasting from April to June, the odds are the market is going to go sideways for more bars.<\/li>\n\n\n\n<li>This means the downside potential for the bulls is probably limited, and the bulls will likely buy and scale in lower.<\/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>The E-mini gapped down on the open and rallied from the bottom of bar 1.<\/li>\n\n\n\n<li>The bulls got a strong upside breakout with bars 6, 7, and 8, which was strong enough that the odds favored a second leg up and a test of bar 79, which the bulls got.<\/li>\n\n\n\n<li>The bulls formed a triangle on bar 22 that became a bull flag, leading to an upside breakout from the bar 22 low up to the bar 27 high.<\/li>\n\n\n\n<li>At this point, the bulls had two legs up and a large trading range on the 15-minute chart.<\/li>\n\n\n\n<li>The bears got a decent trend line breakdown to the bar 35 low; because the breakdown from the bar 27 high to the bar 35 low was strong and at the bottom, it was likely to evolve into a trading range.<\/li>\n\n\n\n<li>This increased the odds that there would be traders buying around the bar 35 low, betting on a bounce.<\/li>\n\n\n\n<li>The bulls rallied, trying to reach the bar 27 close, but they ultimately failed, and the bears got a reversal down on bar 45.<\/li>\n\n\n\n<li>Bar 45 was a credible Lower High Major Trend Reversal, and the market went sideways to down and ultimately broke to the downside on bar 58.<\/li>\n\n\n\n<li>As of bar 64, the market is testing the bar 22 low, which is the potential start of the bull channel.<\/li>\n\n\n\n<li>The bears are hoping that the sell-off from the bar 45 high down to the bar 64 low is forming a tight bear channel and a small pullback bear trend, but the reality is the odds are it will likely evolve into a trading range.<\/li>\n\n\n\n<li>This means the downside potential is likely limited.<\/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\/2026\/06\/SP500-E-mini-5-Min-Bear-Spike-to-Complex-Bear-Flag-becomes-Endless-Pullback.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/SP500-E-mini-5-Min-Bear-Spike-to-Complex-Bear-Flag-becomes-Endless-Pullback-680x383.jpg\" alt=\"SP500 E-mini 5 Min- Bear Spike to Complex Bear Flag becomes Endless Pullback\" class=\"wp-image-272263\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/SP500-E-mini-5-Min-Bear-Spike-to-Complex-Bear-Flag-becomes-Endless-Pullback-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/SP500-E-mini-5-Min-Bear-Spike-to-Complex-Bear-Flag-becomes-Endless-Pullback-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/SP500-E-mini-5-Min-Bear-Spike-to-Complex-Bear-Flag-becomes-Endless-Pullback-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/06\/SP500-E-mini-5-Min-Bear-Spike-to-Complex-Bear-Flag-becomes-Endless-Pullback.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Jed created the SP500 E-mini chart.<\/em><\/p>\n\n\n\n<p class=\"caption\">Here are reasonable stop entry setups from yesterday. Chart shows each buy entry bar with a green arrow and each sell entry bar with a red arrow. Buyers of the Brooks Trading Course have access to a near 4-year library of detailed explanations of swing trade setups (see Online Course\/BTC Daily Setups) linked to the Brooks Encyclopedia of Chart Patterns product.<\/p>\n\n\n\n<p class=\"caption\">The 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\n\n<p><em>Jed created the SP500 E-mini chart.<\/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: Friday June 26, 2026 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 Jed created the SP500 E-mini chart. Here are reasonable stop entry setups from yesterday. Chart shows each buy entry bar with a green arrow and each sell entry bar with a [&hellip;]<\/p>\n","protected":false},"author":5460,"featured_media":272263,"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-272100","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\/2026\/06\/SP500-E-mini-5-Min-Bear-Spike-to-Complex-Bear-Flag-becomes-Endless-Pullback.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\/272100","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=272100"}],"version-history":[{"count":3,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/272100\/revisions"}],"predecessor-version":[{"id":272314,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/272100\/revisions\/272314"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/272263"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=272100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=272100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=272100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}