Emini and Forex Trading Update:Tuesday August 11, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up on the weekly chart again yesterday, like 4 of the past 6 Monday’s. Because the gap was small, it closed early in the day. The Emini broke above the Globex […]
Emini bulls want weekly gap up and new all-time high
Emini and Forex Trading Update:Monday August 10, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini closed on its high on Friday. Three of the past 5 weeks gapped up on Monday. The bulls want another gap on the weekly chart again today. There is a small chance […]
35 overrated Covid-19 vaccines, anti-vax, obesity, and drug business profits
35 New overrated vaccines Immunity comes from antibodies and from T cells I have written about how vaccines trigger 2 types of immune responses. The 1st is an antibody response, and it gets all of the headlines. In response to a virus in the bloodstream, a type of white blood cell called a B lymphocyte […]
Emini accomplished rare monthly gap up in 5 month rally
Market Overview: Weekend Market Update The Emini has rallied strongly for 2 weeks. It might gap up again next week. Traders expect a new all-time high early next week, and they will buy the 1st 1 – 3 day pullback. The bond futures market has rallied strongly for 9 weeks. However, it will probably begin […]
Emini formed big outside up day just below all time high
Emini and Forex Trading Update:Friday August 7, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday traded above Wednesday’s high and below its low and therefore was an outside day. It then traded back above yesterday’s high and became an outside up day. It was a big outside up […]
Emini closed the February pandemic gap down
Emini and Forex Trading Update:Thursday August 6, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday closed the February gap at the start of the pandemic crash. The bulls are looking for a reason to take some profits. Closing the gap might do it. But the 5 […]
Emini weak follow through buying after weekly and monthly gap up
Emini and Forex Trading Update:Wednesday August 5, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up on the daily, weekly, and monthly charts on Monday. Traders expect at least slightly higher prices. With yesterday closing on its high and with the top of the February gap […]
Emini with rare gap up on monthly chart
Emini and Forex Trading Update:Tuesday August 4, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up yesterday. There was also a gap up on the weekly and monthly charts as well. Gaps on the monthly chart are rare. Since there was a gap down in February […]
Emini making 3rd attempt at island bottom on weekly chart
Emini and Forex Trading Update:Monday August 3, 2020 I will update again at the end of the day. Pre-Open market analysis I wrote on Friday and over the weekend that the Emini gapped up on the weekly chart 2 and 3 weeks ago. Both gaps quickly closed, but there briefly was a 4 month island […]
Covid-19: Heart disease, Russian vaccine, and the end of the hydroxychloroquine hoax
The pandemic is the most important fundamental factor affecting the stock market and the economy I have said this many times. Everyone is bored with the pandemic and eager for our lives to return to normal. But that may never happen. While we will find a new normal, the coronavirus might be with us for […]
