Market Overview: DAX 40 Futures DAX futures went sideways last week with an inside-outside-inside pattern (ioi.) The bulls see a final flag before one more leg up. The bears see a parabolic wedge, a tight channel up at the top of an expanding triangle. No good signals in 5 bars is TR price action, so […]
FTSE 100: Sell Signal Triggered, Breakout Pullback
Market Overview: FTSE 100 Futures FTSE 100 futures moved lower last week, triggering a sell signal. The bulls got a streak out of the apex of a triangle, and we expected a test back down to the BO point. We touched the channel line again, and bulls need to create buying pressure here again to […]
Nifty 50 Outside Bar
Market Overview: Nifty 50 Futures Nifty 50 Outside Bar on the weekly chart. The weekly chart indicates a strong bull close following the indecisive doji bar of the previous week. Nifty 50 maintains its position within a robust tight bull channel and is approaching the formidable big round number 22000, a significant resistance level. On […]
Emini Bulls Disappointed after Rally
Trading Update: Friday January 12, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini chart. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Testing the December 20th high
Trading Update: Thursday January 11, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Disappointing Follow-through
Trading Update: Wednesday January 10, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini Disappointing Follow-through Likely
Trading Update: Tuesday January 9, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Getting through the Brooks Trading Course
Free pilot coaching session recording
You are invited to a free pilot “Getting through the Brooks Trading Course” coaching session later today. The first of several. Agenda: 1. General introduction (20mins)2. Getting started (30-40mins)3. Q&A (30min) Presented by Brad Wolff. When: Tuesday January 9 at 2pm PT / 5pm ET / 10pm GMT. Will this be recorded? YES. Webinar video will be streamed […]
Emini Bulls Expecting Bounce
Trading Update: Monday January 8, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Friday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Friday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Bitcoin towards $50000 because Strong Magnet
Market Overview: Bitcoin Bitcoin is trading upwards towards a strong magnet. In this week’s, we observed a notable shift as prices surged above the 2023 high, only to experience an immediate sell-off. The subsequent dip resulted in trading below the prior weekly low, marking the end of a series of consecutive weekly higher lows, signaling […]
