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Emini Bulls Getting Close above Daily Moving Average

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Trading Update: Wednesday March 26, 2025

Emini end of day video review

Price Action Rose EOD Review

Follow Rose’s YouTube channel for more Al Brooks price action analysis.

S&P Emini market analysis

Emini daily chart

  • The Emini formed a doji bar, which was the first bar completely above the moving average in over a month. This is a sign that the buying pressure is increasing and that the bears are losing control.
  • The next target for the bulls is the November 4th low and the January 13th low. This is an area where the bears got trapped, increasing the odds of the market reaching it.
  • Yesterday is a warning that the momentum is drying up for the bulls. This increases the odds of the bulls getting a pullback lasting a couple of bars.
  • The bears want a reversal down and a test of the March 19th breakout point high.
  • Bears will see the recent rally as a two-legged pullback at the moving average. Next, the bears will want a strong reversal bar closing on its low, which will increase the odds of a test back down to Monday’s high.
  • The bulls do not mind a pullback as long as it is weak and leads to a minor reversal, followed by a resumption up.
  • The target for the bulls is a measured move up of the bear flag (March 13th low to 19th high), which projects to just under the $ 6,000 round number.

Emini 5-minute chart and what to expect today

  • The Emini has gone sideways for most of the overnight Globex session.
  • If the open forms a gap up or down, it will likely be small and close during the first 6 bars of the day.
  • Traders should expect a trading range open. In general, there is a 20% chance that any day will become a bull trend from the open.
  • Most traders should consider not trading for the first 6-12 bars unless they can make a quick decision. This is because the odds favor a trading range open, which means there will likely be several failed breakout attempts.
  • Traders should consider trying to catch the opening swing that often begins before the end of the 2nd hour. It is typical for the opening swing to happen after the formation of a double top/bottom, or a wedge top/bottom. This means that traders can wait for one of the patterns mentioned above to form before placing a trade.
  • The most important thing to remember is patience. As Al Brooks has said for years, most traders take plenty of winning trades. However, they take too many “dumb trades,” which is the reason they are not consistently profitable.
  • A dumb trade is not mathematically sound, meaning it has a poor trader’s equation. In general, it is best to focus on stop orders and Always In, rather than trading with limit orders. By becoming a proficient stop order trader, one will naturally become a more effective limit order trader.

Yesterday’s Emini setups

SP500 Emini 5-Min Chart Micro Double Bottom and Then Parabolic Wedge Top

Al created the SP500 Emini charts.

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 Emini.

Summary of today’s S&P Emini price action

SP500 Emini 5-Min Chart Bull Trap Then Bull Trend From Open

Al created the SP500 Emini charts.

EURUSD Forex market analysis

EURUSD Forex daily chart

EURUSD Daily Pullback to Moving Average
  • The EURUSD is currently getting a pullback to the daily moving average and the March 6th low.
  • The bears have done a good job with the recent 5-bar bear microchannel. However, the bear bodies are getting smaller, which is a sign that the momentum is slowing down.
  • The bulls need a strong reversal up to undo the 5-bar bear microchannel. At a minimum, the bulls need a bull reversal bar closing on its high. Without it, the odds favor sellers over buyers.
  • The three-bar breakout to the March 5th high is strong, which increases the odds of the bulls getting some measured move up.
  • The bears are hopeful that the selloff from the March 18th high is strong enough to make any reversal up become a trading range, and not a bull trend.
  • Overall, the odds favor a bounce and buyers at the moving average. The bulls need to reverse the March 18th selloff and achieve a strong reversal upward. Without a strong reversal up, the bears will look to sell above, which would lead to a lower high below the March 18th low.

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 Emini price action real-time each day in the BrooksPriceAction.com trading room days. We offer a 2 day free trial.

Charts use Pacific Time

When times are mentioned, it is USA Pacific Time. The Emini 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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