Monthly S&P500 Emini futures candlestick chart:Weak buy signal The monthly S&P500 Emini futures candlestick chart traded above the April high. This triggered a buy signal. However, April was a doji bar and therefore a weak signal bar. So far, May is a bull bar, but it is currently only at the April high and not […]
Emini weak bull flag after breakout above April high
Emini sell signal bar but minor reversal in bull flag
Intraday market update: May 18, 2018
Emini sell signal bar but minor reversal in bull flag I will update again at the end of the day Pre-Open market analysis Yesterday was a bear reversal day. The odds are that the Emini daily chart is still forming a bull flag. However, if the bears get a couple big bear days, the odds […]
Emini weak buy signal yesterday and back above April high
Intraday market update: May 17, 2018
Emini weak buy signal yesterday and back above April high I will update again at the end of the day Pre-Open market analysis The Emini rallied in a trending trading range day yesterday. It was the 2nd day in a bull flag on the daily chart. The odds are that the daily chart will go […]
Emini sell signal and test of 2700 big round number
Intraday market update: May 16, 2018
Emini sell signal and test of 2700 big round number I will update again at the end of the day Pre-Open market analysis The Emini gapped down and triggered a sell signal on the daily chart yesterday. Since yesterday was not a big bear day, it was not a strong sell entry bar. Because yesterday […]
Emini rally hesitating at April high during Israel embassy crisis
Intraday market update: May 15, 2018
Emini rally hesitating at April high during Israel embassy crisis I will update again at the end of the day Pre-Open market analysis The Emini daily chart had an 8 bar rally with shrinking bull bodies for 4 days. The odds were that yesterday would not be a bull trend day. It was a trading […]
Emini pullback from breakout above April high and triangle
Intraday market update: May 14, 2018
Emini pullback from breakout above April high and triangle I will update again at the end of the day Pre-Open market analysis The Emini 5 minute chart reversed down on Friday after breaking above the April high. When there is a breakout on the daily chart, the Emini often goes sideways for a few days […]
Emini bull flag buy signal after micro channel buy climax
Emini weekend update: May 12, 2018
Monthly S&P500 Emini futures candlestick chart: Emini bull flag buy signal after micro channel buy climax The candlestick on the monthly S&P500 Emini futures chart so far this month is a bull trend bar. Since it broke above last month’s high, it triggered a monthly buy signal. The 3 month pullback is a bull flag […]
Emini triggered monthly buy signal on breakout above April high
Intraday market update: May 11, 2018
Emini triggered monthly buy signal on breakout above April high I will update again at the end of the day Pre-Open market analysis The Emini rallied strongly yesterday and traded above the April high. This triggered a buy signal on the monthly chart. However, after 3 days in a bull channel on the 5 minute […]
Emini buy signal and test of 2700 big round number
Intraday market update: May 10, 2018
Emini buy signal and test of 2700 big round number I will update again at the end of the day Pre-Open market analysis The Emini triggered buy signals on the daily and weekly charts yesterday. It was in a small pullback bull trend, and it tested the 2700 Big Round Number. The rally will probably […]
Emini ignoring Trump pulling out of Iran deal
Intraday market update: May 9, 2018
Emini ignoring Trump pulling out of Iran deal I will update again at the end of the day Pre-Open market analysis By trading below Tuesday’s low on the daily chart, yesterday triggered a sell signal. Yet, Monday was a doji and therefore a weak sell signal. In addition, yesterday was a trading range day and […]
