Emini and Forex Trading Update:Wednesday May 8, 2019 I will update again at the end of the day. Pre-Open market analysis I have been saying for several weeks that the Emini probably had to pull back below the March 21 high. This is because the Emini pulled back below breakout points several times this year. […]
Emini High 2 bull flag but still on oo top sell signal
Emini and Forex Trading Update:Tuesday May 7, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday opened with a huge gap down, but the Emini reversed up and formed a big bull trend day. In part, the rally was from bears who were relieved to finally have a profit. […]
Emini consecutive outside bars minor top at all-time high
Emini and Forex Trading Update:Monday May 6, 2019 I will update again at the end of the day. Pre-Open market analysis I wrote last week that there were consecutive outside bars on the daily chart. I said that it would probably lead to a couple legs of sideways to down trading over the next 2 […]
Emini consecutive outside bars means an oo top
Market Overview: Weekend Market Update The Emini triggered an “oo top” sell signal this week when Thursday traded below consecutive outside bars on the daily chart. It will probably trade down for 2 – 3 weeks, even if there is one more minor new high first. Crude oil began a correction from a 4 month […]
Emini oo sell signal after consecutive outside bars
Emini and Forex Trading Update:Friday May 3, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini sold off sharply early yesterday, but reversed up from a parabolic wedge sell climax at the 20 day EMA. On the daily chart, it closed with a small bear body. It is […]
Emini exact test of all-time high after FOMC announcement
Emini and Forex Trading Update:Thursday May 2, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini rallied yesterday up to the all-time high before and again after the FOMC report. It exactly hit 2956.00 twice and turned down both times. Yesterday was an outside down day after Tuesday’s […]
Trading Price Action: Patterns on the Open
Webinar for McMillan Analysis Corporation
Webinar duration: One hour Hosted by Al Brooks, MD Professional Trader, Author, Lecturer, and Daily Trading Room Presenter Price action is any representation of price movement of any financial instrument, on any type of chart and on any timeframe. The trading world is filled with websites, videos, and books that make trading sound easy. […]
Emini High 1 bull flag at all-time high on FOMC day
Emini and Forex Trading Update:Wednesday May 1, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini reversed down on Monday and up yesterday. It closed just below Monday’s high and was almost an outside up day. Yesterday is therefore a buy signal bar for today. With it just […]
Emini testing all-time high ahead of May FOMC report
Emini and Forex Trading Update:Tuesday April 30, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday continued Friday’s weak rally until late. It then reversed down to close near the open and low. Yesterday became a bear trend reversal day on the daily chart. Consequently, it is […]
Emini small pullback bull trend near 2956 all-time high
Emini and Forex Trading Update:Monday April 29, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini rallied in a Small Pullback Bull Trend on Friday. This is within a month-long Small Pullback Bull Trend on the daily chart. While there might be profit-taking around the September all-time high, […]
