Emini ii final bull flag before pullback Updated 6:49 a.m. The Emini gapped up on the weekly chart. In addition, it is in a parabolic buy climax on the daily chart. The odds are that the breakout will lead to a trading range this week. The day began with a trend from the open bull […]
Emini ii final bull flag before pullback
Ask Al: Scaling in — small range day
Small range needs care scaling in BPA trading room Q&A: December 29, 2015 Question: I sold just above the 29 high. I added two points higher and exited as 46 was forming. Can you comment on my trade? Many thanks. Video duration: 3min 35sec You can also view this video on Al’s YouTube Channel if […]
Trump rally buy climax near measured move targets
Emini weekend update: February 18, 2017
Monthly S&P500 Emini futures candlestick chart:Trump rally buy climax near measured move targets The monthly S&P500 Emini futures candlestick chart has a bigger bull bar this month. It is therefore accelerating up in a buy climax. The monthly S&P500 Emini futures candlestick chart is in a bull trend. Furthermore, it broke slightly above a measured […]
Emini bull flag, but buy climax at 2350 resistance
Intraday market update: February 17, 2017
Emini bull flag, but buy climax at 2350 resistance Updated 6:46 a.m. The Emini finally pulled back to the 60 minute moving average. The bulls wanted an Opening Reversal up from that average, but were unable to create strong buy signal bars. The bears want the second leg down, after yesterday’s strong selloff, to fall […]
Emini stock market parabolic buy climax near 2350 resistance
Intraday market update: February 16, 2017
Emini stock market parabolic buy climax near 2350 resistance Updated 6:50 a.m. The Emini began with small sideways bars. Hence, it tetsed yesterday’s high. The odds are that there will be at least 2 hours of sideways to down trading. Furthermore, there is better than a 50% chance that today will have a bear body […]
Emini all time high breakout is testing 2375 measured move target
Intraday market update: February 15, 2017
Emini all time high breakout is testing 2375 measured move target Updated 6:53 a.m. The gap down on the open created a Big Up, Big Down pattern with yesterday’s close. It therefore created confusion and it increased the odds of a trading range for the 1st hour or two. The bulls want to test yesterday’s […]
Emini strong all time high breakout but buy climax
Intraday market update: February 14, 2017
Emini strong all time high breakout but buy climax Updated 6:48 a.m. The Emini opened with a doji bar between yesterday’s 2 trading ranges. It reversed down and then up. In addition, bull and bear scalpers made money in the 1st few bars. These factors increase the chances that today will stay mostly within yesterday’s […]
Emini wedge top so stock market 5% correction soon
Intraday market update: February 13, 2017
Emini wedge top so stock market 5% correction soon Updated 6:52 a.m. The Emini gapped up and rallied in a trend from the open bull trend. Yet, it is at the top of a channel on the daily chart. This rally is therefore more likely a buy vacuum test of resistance than the start of […]
Ask Al: Silver market analysis
Silver market analysis question BPA trading room Q&A: July 25, 2016 Question 1: Will you talk about silver? Video duration: 5min 21sec You can also view this video on Al’s YouTube Channel if needed. Silver market follows gold Silver, as most traders know, tends to go hand-in-hand with gold. Monthly chart of silver. Now, this […]
Emini wedge top leading to 5% 130 point stock market correction
Emini weekend update: February 11, 2017
Monthly S&P500 Emini futures candlestick chart:Bull trend losing momentum The monthly S&P500 Emini futures candlestick chart currently has 4 consecutive bull trend bars. Yet, the bodies are shrinking and it is at the top of a protracted tight bull channel. While it might reach the measured move targets before pulling back, the odds favor a […]