Emini and Forex Trading Update:Wednesday January 22, 2020 I will update again at the end of the day. Pre-Open market analysis Over the weekend, I said that this week would probably not form a big bull bar on the weekly chart. That is because the past 2 weeks were big bull bars. A 3rd one […]
Emini extreme buy climax in January so profit taking soon
Emini and Forex Trading Update:Tuesday January 21, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up to another new high on Friday. But Friday was a small day and the buy climax has been extreme. That increases the chance of a week or two of profit-taking […]
Emini 5% correction could begin in 3 weeks
Market Overview: Weekend Market Update The Emini is accelerating up and it is above the top of the daily, weekly, and monthly bull channels. There is a 60% chance that 5% correction will start within a few weeks. The 30 year bond futures market is oversold and will probably bounce over the next couple weeks. […]
Emini gap above 3300 Big Round Number but buy climax
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 […]
