Premarket price action analysis For tomorrow’s analysis, wait until after today’s close. Then, look at the bottom of this post for “Outlook for tomorrow’s Emini price action and day trading.” If you want to see today’s premarket analysis, I posted it after yesterday’s close in yesterday’s blog at S&P500 Emini intraday market update. S&P500 Emini […]
Emini weekend update: October 18, 2014: swing trading the island bottom on the daily chart after the sell climax
Will 2014 be up or down on the year? Sometimes something that happens early gives a clue to what will happen late. The year is coming to a close and the first bar of the year on every time was a bear trend bar. I always say that the close of the bar is the […]
Intraday market update, October 17, 2014: opening bull trend reversal and an island bottom
Premarket price action analysis For tomorrow’s analysis, wait until after today’s close. Then, look at the bottom of this post for “Outlook for tomorrow’s Emini price action and day trading.” If you want to see today’s premarket analysis, I posted it after yesterday’s close in yesterday’s blog at S&P500 Emini intraday market update. S&P500 Emini […]
Intraday market update, October 16, 2014: major trend reversal, but a trading range day is likely
Premarket price action analysis For tomorrow’s analysis, wait until after today’s close. Then, look at the bottom of this post for “Outlook for tomorrow’s Emini price action and day trading.” If you want to see today’s premarket analysis, I posted it after yesterday’s close in yesterday’s blog at S&P500 Emini intraday market update. S&P500 Emini […]
Intraday market update, October 15, 2014: bull trend reversal after a sell climax
Premarket price action analysis See yesterday’s “Outlook for tomorrow’s Emini price action and day trading” S&P500 Emini intraday market update for price action day traders: bull trend reversal after a sell climax Posted 7:04 a.m. The S&P500 Emini had a bull trend reversal after a sell climax and it is in a bull trend. It […]
Intraday market update, October 14 2014: consecutive sell climaxes so a trading range likely
Outlook for tomorrow’s Emini price action and day trading The Emini tested yesterday’s low and reversed up, after 3 consecutive sell climaxes. It tested it again late in the day and reversed up again. It formed a trading range day, as expected. The Emini gapped up today after 3 consecutive big bear trend days. It […]
Intraday market update, October 13 2014: trading range likely for day trading
End of day comments about today’s Emini price action and day trading: strong follow-through selling The Emini had early follow-through selling after yesterday’s strong bear breakout, but it reversed up after the first hour. However, there was a strong selloff into the close and this resulted in a doji candle on the daily chart. The […]
Emini weekend update: October 11, 2014: strong bear breakout on the daily chart for swing traders
The monthly S&P500 Emini candle is forming a big bear entry bar in an overbought market The monthly Emini chart triggered a second entry sell signal last week and is now forming a big bear entry bar. However, there is a long time before the monthly bar closes and it might look much different once […]
Intraday market update, October 10, 2014: bull trend reversal and then bear trend reversal
End of day comments about today’s Emini price action and day trading: Strong bear breakout on the daily chart The Emini reversed up strongly on the open, but failed to get above yesterday’s lower high and then sold off to a new low of the day. It became a big bear trend day, closing below […]
Forex price action showing trend reversal
The Forex market daily chart of the EURUSD cross has been in a trading range for months and had a sharp selloff down to an area where buyers came in during February and April. Traders watching this Forex price action found a day trading opportunity today on the 5 minute chart. The 5 minute Euro […]
