Market Overview: Weekend Market Update The Emini gapped above the 2900 resistance level this week. Traders want to see follow-through buying next week. If they get it, they will expect a new all-time high within a month. The bears want a reversal down from a wedge rally to resistance. The crude oil futures market has […]
Emini gapping above 2900 resistance
Emini and Forex Trading Update:Friday April 12, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini tested 2900 again yesterday, and reversed down in the middle of the day. I have been saying that the bulls would probably get a breakout above 2900 this week. Today will probably […]
Emini High 1 bull flag at 2900 resistance
Emini and Forex Trading Update:Thursday April 11, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini formed a trading range day yesterday, but had a small, late bull breakout. By going above Monday’s high, yesterday triggered High 1 bull flag buy signal on the daily chart. There is […]
Emini micro double top and nested wedge at 2900
Emini and Forex Trading Update:Wednesday April 10, 2019 I will update again at the end of the day. Pre-Open market analysis Monday was an outside up day. It got to within 1 tick of 2900, but then reversed to below Friday’s low. The 2 days created a micro double top on the daily chart. In […]
Current Status of Option Oriented Indicators
Free guest webinar April 11, 2019
The current status of Option Oriented Indicators April 11, 2019 at 1:30 pm PT, 4:30 pm ET Hosted by Lawrence G. McMillan, President McMillan Analysis Corp.and author of Options As A Strategic Investment Option data (price and volume) can often be used to structure trading indicators or systems designed to predict the movements of the broad stock […]
Emini outside up buy signal bar 2900
Emini and Forex Trading Update:Tuesday April 9, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday had its 1st pullback in 9 days on the daily chart. The bulls bought below Friday’s low and the bull trend continued to above Friday’s high. Yesterday therefore was an outside […]
Bull surprise bar on Emini weekly chart
Emini and Forex Trading Update:Monday April 8, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini formed a bull trend bar on the weekly chart and it closed near its high. This was after 2 weekly sell signals over the prior 5 weeks. The bears might be giving […]
Emini nested wedge buy climax in buy vacuum
Market Overview: Weekend Market Update The Emini weekly chart broke above the two top attempts of the past 6 weeks. With the week gapping up and closing near its high, higher prices are likely over the next few weeks. The Emini will probably make a new all-time high within a month or two. The crude […]
Emini inside bar and test of 2900 big round number
Emini and Forex Trading Update: <br />Friday April 5, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini formed an inside day yesterday. It is therefore both a buy signal bar and a sell signal bar. The bulls want a test of 2900 and then a continuation up […]
Emini and Forex Update: Emini buy climax testing 2900 big round number
Thursday April 4, 2019 I will update again at the end of the day. Pre-Open market analysis Although the Emini gapped up yesterday, it was a trading range day. Yet, the daily chart continues to work higher. The bulls want a break above the 2900 Big Round Number and then a new all-time high. But, […]
