Trading Update: Tuesday November 11, 2025
S&P E-mini market analysis
E-mini daily chart
- The E-mini formed a bull reversal bar last Friday, closing on a tie. Yesterday, it gapped up, creating a strong entry bar, and closed on a tie as well. This is a strong enough two-bar breakout that the odds favor a second leg up and buyers below.
- While the bulls have done a good job over the past two days, the daily chart is still likely in a trading range, which means the bulls will probably be disappointed by the rally.
- Even if the market rallies to a new all-time high, there will probably be sellers above, and the daily chart will continue to go sideways.
- The October 10th fair breakout was significant, and the odds favor the market falling below its low.
- Overall, because of the prior two trading days, the odds favor the bulls getting at least a second leg up. This means the first reversal is likely to be minor, and the market will probably test up to 6,900.
E-mini 5-minute chart and what to expect today
- Today gapped down and went sideways for the first 30 bars of the session. This is enough sideways trading to likely influence the rest of the session.
- Because the opening range is relatively small, the market may try to get a measured move up of the range later today.
- The Bulls got the upside breakout on 33 and 34. However, it’s likely to find resistance near the 81 close from yesterday.
- Traders should suspect today to have a lot of trading range price action for most of the day.
- While the Bulls have done a good job with the rally up to Bar 34, the reality is it’s likely to continue to go sideways, and the best the Bulls can expect is a trending trading range day.
Yesterday’s E-mini setups
Richard created the SP500 E-mini chart – Al travelling.
Here are reasonable stop entry setups from yesterday. 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
Richard created the SP500 E-mini chart – Al travelling.
E-mini end of day video review
Periodic end of day review videos will be moved to top of page when done.
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.
