Emini catalysts are FOMC report, healthcare repeal, Mueller, and Sessions Updated 6:53 a.m. Since yesterday was a small trading range day, there is an increased chance that it could lead to a measured move up or down today. However, the Emini has early trading range price action. It reversed down from a test of yesterday’s […]
Emini catalysts are FOMC report, healthcare repeal, Mueller, and Sessions
Emini awaiting FOMC and Trump’s special counsel decision
Intraday market update: July 25, 2017
Emini awaiting FOMC and Trump’s special counsel decision Updated 6:45 a.m. Today had a big gap up, but the day began with consecutive strong bear bars. If there is going to be a trend day, a bear trend is now more likely. While the Emini is Always in short, the odds are that it will […]
Emini sideways waiting for FOMC meeting
Intraday market update: July 24, 2017
Emini sideways waiting for FOMC meeting Updated 6:54 a.m. Today opened with a doji bar in yesterday’s 4 hour tight trading range. This increased the chances that today will be another trading range day, like the past 2 days. While the bears got 2 strong bear bars on the open, the next bar was a […]
Trump firing special prosecutor is possible catalyst for climactic reversal
Emini weekend update: July 22, 2017
Monthly S&P500 Emini futures candlestick chart:Parabolic wedge buy climax The monthly S&P500 Emini futures candlestick chart has 4 consecutive bull trend bars in a tight 18 month bull channel. Yet, this is the 3rd leg up. Therefore, this is a parabolic wedge rally. However, there is no reversal yet. The monthly S&P500 Emini futures candlestick […]
Emini buy climax ignoring Trump, Russia, and healthcare
Intraday market update: July 21, 2017
Emini buy climax ignoring Trump, Russia, and healthcare Updated 6:48 a.m. The Emini broke below yesterday’s low. This therefore triggered the sell signal on the daily chart for the parabolic wedge top. Yet, the bears only got 2 dojis on the open. Hence, they were not strong. This reduces the chances of a strong bear […]
Trump rally testing bull channel top and measured move targets
Intraday market update: July 20, 2017
Trump rally testing bull channel top and measured move targets Updated 6:48 a.m. The Emini gapped above yesterday’s bull channel, but began with 2 bear bars. Since 75% of bull breakouts above bull channels fail, this one probably will as well. However, the initial target is the bottom of the channel. Since the channel is […]
Emini buy climax is ignoring Trump’s failed healthcare repeal
Intraday market update: July 19, 2017
Emini buy climax is ignoring Trump’s failed healthcare repeal Updated 6:46 a.m. While today began with consecutive bull bars, they were not strong. In addition, this is similar to the open on the past 5 days. Consequently, today will probably behave like those days. Although the Emini began Always In Long, it will probably soon […]
Trump buy climax rally is near 2500 S&P resistance
Intraday market update: July 18, 2017
Trump buy climax rally is near 2500 S&P resistance Updated 6:46 a.m. The Emini gapped down, but reversed up at the 60 minute moving average. The bulls see this as a High 2 pullback from Friday’s rally. Additionally, it is an Opening Reversal up from the 60 minute moving average. Their 1st goal is to […]
Trump rally targeting 2500 Big Round Number
Intraday market update: July 17, 2017
Trump rally targeting 2500 Big Round Number Updated 6:47 a.m. On the open, the Emini continued the 3 bar tight trading range from Friday’s close. This increases the chances of an attempt at trend resumption up and a test of Friday’s high. Yet, because of the Big Up, Big Down on Friday’s close, the odds […]
Trump’s healthcare and tax reform not obstacles to new high
Emini weekend update: July 15, 2017
Monthly S&P500 Emini futures candlestick chart:Strong rally, but parabolic wedge top likely The monthly S&P500 Emini futures candlestick chart currently has 4 consecutive bull trend bars. However, the rally is also a parabolic wedge buy climax. The monthly S&P500 Emini futures candlestick chart is in a parabolic wedge buy climax. Yet, the momentum up is […]











