Trading Update: Friday June 27, 2025
Emini end of day video review
S&P Emini market analysis
Emini daily chart
- The Emini tried to form a wedge top with the June 24th high. However, the breakout was too strong, and the bears ultimately gave up, resulting in strong follow-through buying on the daily chart.
- The market is getting near the All-time high and will likely reach it over the next several days.
- The bears need to halt the buying pressure if they are going to get a successful reversal down.
- This means that the bears need to create a trading range before they will have a credible shot at getting a successful reversal down.
- The current bull breakout is strong enough that the odds favor the first reversal down being minor and finding buyers below.
Emini 5-minute chart and what to expect today
- Today gapped up and formed a bull trend from the open with bar 1.
- As of bar 36, every bar has closed above the moving average, which is a sign of strong buying.
- Because of the strong breakout on the daily chart, today has an increased risk of forming a bull trend that lasts all day.
- The bears need to start getting close below the moving average before they will have a credible shot at getting a reversal down.
- Traders will expect all bear reversals to be minor and lead to a trading range and not an opposite trend.
Yesterday’s Emini setups
Brad created the SP500 Emini charts – 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 Emini.
Summary of today’s S&P Emini price action
Brad created the SP500 Emini charts – Al travelling.
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 Brooks Price Action trading room. 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.
