Covid vaccines A group of researches from UCLA reported this week in the New England Journal of Medicine that antibody levels fall quickly after a Covid-19 infection. Their results were similar to those from a study in China. The UCLA group looked at 30 patients diagnosed with Covid-19 and four housemates who probably had the […]
Emini possible late July reversal down from February gap
Market Overview: Weekend Market Update The Emini is stalling in the gap above the February 24 high, as I said was likely. There is a 50% chance of a reversal down to the middle 3rd of the 3 year trading range beginning within a few weeks before there is a new high. Bond futures have […]
Emini reversing down in February gap
Emini and Forex Trading Update:Friday July 24, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday formed a micro double top with Wednesday’s high. It was an outside down day and it is therefore a sell signal bar for today. I have been warning that the Emini […]
Emini bulls trying to close February gap
Emini and Forex Trading Update:Thursday July 23, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday was a trading range day that rallied to a new high late in the day. The bulls are trying to close the February gap and then get a new all-time high. They have […]
Emini has consecutive closes in the February pandemic gap
Emini and Forex Trading Update:Wednesday July 22, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up yesterday, but went sideways for most of the day. The selloff at the end of the day closed yesterday’s gap up. Because yesterday had a bear body, it is a […]
Emini month-long wedge rally finally entered the pandemic February gap
Emini and Forex Trading Update:Tuesday July 21, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday was a strong Small Pullback Bull Trend day. It formed the 1st bull day in 3 days and it closed above Friday’s high. It was the highest close since February. The past month […]
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Emini 5 week rally to big February bear gap
Emini and Forex Trading Update:Monday July 20, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini formed the 3rd consecutive bear doji bar on the daily chart on Friday. It is trading just below the February 24 high, which is the bottom of the big gap down on […]
Covid-19 pandemic vaccine and its euphoric market impact
Covid-19 pandemic update The current status of a vaccine is explored along with the euphoric effects on market sentiment that the Covid-19 pandemic creates in its wake. An update to my earlier in-depth special report on the Covid-19/coronavirus you can read here: The coronavirus pandemic: Biggest worldwide event of our lifetimes. 27 Covid-19 pandemic vaccines […]
Emini finally testing February 24 gap so tension increasing
Market Overview: Weekend Market Update The Emini bulls are determined to test the gap on the weekly chart above the February 24 high. Many bears have been waiting for that test. Once in the gap, there is a 50% chance of a new high and a 50% chance of a correction down to 2700. Bond […]
