Trading Update: Thursday August 28, 2025
E-mini end of day video review
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S&P E-mini market analysis
E-mini daily chart
- E-mini formed a follow-through bar, following Tuesday’s High 1 buy signal bar. This increases the odds of a second leg up for the bulls.
- The market is currently at a new all-time high and above the previous August high. This increases the risk of profit-taking by the bulls.
- The 6,500 is so close that the market will likely be unable to avoid the gravitational pull, and therefore the market will likely have to reach it.
- The bears still need to continue to develop more selling pressure if they are going to get a credible reversal down. Without more selling pressure, the best the bears can hope for is sideways trading.
- Overall, the bulls will likely take partial profits near the 6,500 round number.
E-mini 5-minute chart and what to expect today
- The E-mini formed a small gap up and reversed down on bars 2-4. This is a strong enough reversal down to bar 6 that the bears will likely get at least a small 2nd leg down.
- While the bears have done a good job, a trading range is more likely than a strong bear trend.
- The bulls need to stabilize and make the market go sideways for several bars to convince traders that the bears are no longer in control. Without more buying pressure, the odds will favor a 2nd leg below bar 6.
- Because bar 1 is a large bull trend bar, this lowers the probability of the bears getting a trend day and increases the risk of a trading range day.
Yesterday’s E-mini setups
Al created the SP500 E-mini 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 E-mini.
Summary of today’s S&P E-mini price action
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.
