Emini and Forex Trading Update:Friday January 17, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini gapped above the 3,300 Big Round Number yesterday, but spent most of the day going sideways. It was in a weak bull channel, but it trended up strongly into the close. The […]
Emini breaking above 3300 Big Round Number
Emini and Forex Trading Update:Thursday January 16, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini has been in a Small Pullback Bull Trend for 4 months. That is a strong bull trend and the bulls have bought every 1 – 3 day selloff. Consequently, the downside risk […]
January Emini rally pausing on China tariff news
Emini and Forex Trading Update:Wednesday January 15, 2020 I will update again at the end of the day. Pre-Open market analysis Everybody knows that the Emini is in a buy climax on the daily chart. On the 5 minute chart, there was a huge Bear Major Surprise Bar yesterday at 10:40 pm PST. It was […]
Emini January rally is climactic but no top yet
Emini and Forex Trading Update:Tuesday January 14, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini rallied from the open yesterday in a Small Pullback Bull Trend. After breaking to a new all-time high, there was some profit-taking and the rallied stalled. There was trend resumption up at […]
Emini small outside down day in tight January bull channel
Emini and Forex Trading Update:Monday January 13, 2020 I will update again at the end of the day. Pre-Open market analysis Friday was an outside down day on the daily chart. Since it came from the 3rd leg up over the past 2 weeks, the bears are hoping for at least a couple legs down […]
Market analysis video report for 2020
Market analysis on what to expect in 2020 Video duration 50min 41sec. Al Brooks presents an in-depth market analysis video for six important markets: Emini S&P 500, Bonds, EURUSD Forex, Crude Oil, Gold and Bitcoin. Video topics timing 00:00 Introduction 01:46 Emini S&P 500 22:35 Bonds 30:48 EURUSD Forex 36:00 Crude Oil 38:50 Gold 40:40 […]
Emini stalling at last year’s high after Iran news
Market Overview: Weekend Market Update I only have time for a brief update this weekend. However, I created a video of what to expect over the coming year and it will be available here soon on my trading course’s website. The Emini broke above last year’s high, but there was immediate profit-taking on Friday’s Iran […]
Emini 1st 2020 trading day was buy climax above 2019 high
Emini and Forex Trading Update:Friday January 3, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday was the 1st day of the year. On a yearly chart, last year was a big bull bar closing on its high, late in a bull trend. That increased the chance of at […]
Emini’s 1st trading day of new decade
Emini and Forex Trading Update:Thursday January 2, 2020 I will update again at the end of the day. Pre-Open market analysis Today is the 1st day of the year and of the new decade. There is always a little more excitement and uncertainty at any major milestone like this. Everyone knows that the Emini is […]
Emini closing at high of decade on New Year’s Eve
Emini and Forex Trading Update:Tuesday December 31, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday sold off on the open. By trading below Friday’s low, the Emini triggered a sell signal on the daily chart. There is a parabolic wedge buy climax, and that often attracts profit-takers. The […]