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E-Mini Likely to Find Profit Taking This Week

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Trading Update: Monday September 15, 2025

E-mini end of day video review

Brad Wolff Emini EOD Review

S&P E-mini market analysis

E-mini daily chart

  • The E-mini is continuing to form a tight bull channel following the September 2nd higher low reversal up.
  • The channel up is tight enough that the first reversal down is likely to be minor and lead to a trading range. This means that the best the bears will likely get is a tight trading range until they can develop more selling pressure.
  • The Bulls know that the channel up is tight. They will continue to buy as long as the rally continues to show trending behavior, such as price going above the high of the previous bar.
  • However, the Bulls realize that this is momentum buying. This means that once the momentum stalls, Bulls might be quick to take partial profits, which would lead to a surprise bear breakout and 2nd leg down.
  • The reality is that until the Bears can develop more selling pressure, the best they can likely hope for is a trading range.
  • Last week formed a strong bull bar late in a bull rally on the weekly chart. This increases the risk that the current week will create a disappointment bar and possibly close below the open of the week. This increases the risk of the upside being limited and the market finding resistance near last Friday’s high.
  • Last Friday formed a doji bar, which increases the risk of today not closing on its high. This further increases the possibility of the market getting a reversal down over the next few days and an early high of the week.

E-mini 5-minute chart and what to expect today

  • The E-mini gapped up on the open and formed a wedge top to the bar 19 high.
  • Because of the things mentioned above, there is an increased risk of bar 19 leading to the high of the day. This is due to the risk of the market testing down to the bar 1 low and possibly reaching last Friday’s high of the day.
  • As of bar 31, every close has been above the moving average. This is a sign that the bulls are slightly more in control than the bears.
  • The bears have done a good job with the sideways trading; however, they need to do more if they are going to get the reversal down.
  • The rally up to bar 19 was tight. This means that the market may have to get above the bar 19 high following the bar 24 trendline break. This would form a more credible double top. The bulls need a strong upside breakout to the 19 high to convince traders that they may get a successful breakout above its high. Without one, there is an increased risk of sellers near the high of bar 19.

Friday’s E-mini setups

SP500 E-mini 5-Min Trading Range Then Failed Midday Bull Breakout

Al created the SP500 E-mini charts.

Here are reasonable stop entry setups from Friday. I show each buy entry bar with a green arrow and each sell entry bar with a red arrow. Buyers of both the Brooks Trading Course and Encyclopedia of Chart Patterns have access to a near 4-year library of more detailed explanations of swing trade setups (see Online Course/BTC Daily Setups). Encyclopedia members get current daily charts added to Encyclopedia.

My goal with these charts is to present an Always In perspective. If a trader was trying to be Always In or nearly Always In a position all day, and he was not currently in the market, these entries would be logical times for him to enter. These therefore are swing entries.

It is important to understand that most swing setups do not lead to swing trades. As soon as traders are disappointed, many exit. Those who exit prefer to get out with a small profit (scalp), but often have to exit with a small loss.

If the risk is too big for your account, you should wait for trades with less risk or trade an alternative market like the Micro E-mini.

Summary of today’s S&P E-mini price action

SP500 E-mini 5-Min Wedge Top Then Trading Range

Al created the SP500 E-mini charts.

See the weekly update for a discussion of the price action on the weekly chart and for what to expect going into next week.

Trading Room

Al Brooks and other presenters talk about the detailed E-mini price action real-time each day in the Brooks Trading Course trading room. We offer a 2 day free trial.

Charts use Pacific Time

When times are mentioned, it is USA Pacific Time. The E-mini day session charts begin at 6:30 am PT and end at 1:15 pm PT which is 15 minutes after the NYSE closes. You can read background information on the market reports on the Market Update page.

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