Emini inside bar after buy climax at October lower high I will update again at the end of the day. Pre-Open market analysis After a big bull day on Wednesday, yesterday was a small, bull inside doji day. It is therefore a buy signal bar on the daily chart. Because the rally was strong and […]

Emini rally from October parabolic wedge sell climax approaching resistance I will update again at the end of the day. Pre-Open market analysis Two weeks ago, I said that the October extreme sell climax would probably lead to a test of the October 17 major lower high. Yesterday came within 3 points and the bulls […]

Emini reaction to election more important than election result I will update again at the end of the day. Pre-Open market analysis The Emini triggered a buy signal on the daily and weekly charts yesterday. The odds are that the October low will be the low for the rest of the year. Yesterday’s rally and […]

Emini ioi Breakout Mode going into today’s election I will update again at the end of the day. Pre-Open market analysis After the parabolic wedge bottom last week, the Emini retraced 50% of the 3 week selloff. It is at the 20 day EMA and it has been been going sideways for 4 days. With […]

Emini October bull trend reversal stalling at EMA I will update again at the end of the day. Pre-Open market analysis The Emini formed an outside down day on Friday after a rally to the 20 day EMA. Because the rally followed a parabolic wedge sell climax, there will probably be buyers below. Sell climaxes […]

Emini daily and weekly buy setups after October sell climax I will update again at the end of the day. Pre-Open market analysis Yesterday reversed Wednesday’s late selloff, but the rally was weak. The most important concern today is the weekly chart. The bulls want the week to close on its high. That would create […]

Emini minor reversal up from October parabolic wedge sell climax I will update again at the end of the day. Pre-Open market analysis The Emini gapped up yesterday, but was unable to create a big bull bar. This week’s rally is due to exhausted bears, as evidenced by the parabolic wedge bottom. While the bulls […]

Emini ioi breakout mode after October parabolic wedge sell climax I will update again at the end of the day. Pre-Open market analysis The Emini formed an inside day yesterday. There is therefore an ioi Breakout Mode setup on the daily chart. But, the extreme parabolic wedge bottom on the daily chart makes a relief […]

Emini outside down bar in parabolic wedge sell climax I will update again at the end of the day. Pre-Open market analysis I have been saying since Friday that the 8 day bear micro channel probably would end today or tomorrow. By today trading above Friday’s high, there is now a pullback and the micro […]