Emini weak bull flag in developing trading range Updated 6:41 a.m. The Emini opened with a big gap up and a strong bull bar. However, it needs to break strongly above the February 7 lower high, which is around the 60 minute moving average and the top of yesterday’s sell climax. More likely, today will […]
Emini weak bull flag in developing trading range
Emini rally stalling at resistance and from Mueller’s investigation
Intraday market update: February 21, 2018
Emini rally stalling at resistance and from Mueller’s investigation Updated 6:42 a.m. The Emini broke above yesterday’s bear channel on the open and is above both the 5 and 60 minute 20 bar EMAs. Yesterday was an expanding triangle, and the bulls have a strong reversal up on the open. They hope this rally will […]
Emini strong bull trend resumption entering sell zone
Intraday market update: February 20, 2018
Emini strong bull trend resumption entering sell zone Updated 6:51 a.m. The Emini reversed up from yesterday’s low and the 60 minute EMA on the open. The bulls want a double bottom and a break above yesterday’s lower high, which is the neck line. A measured move up from there would break above last week’s […]
Emini sell climax ended at 10% correction
Emini weekend update: February 17, 2018
Monthly S&P500 Emini futures candlestick chart: 1st pullback after 16 bar bull micro channel The monthly S&P500 Emini futures candlestick chart had its 1st pullback in 16 bars. The bulls bought below January’s low. The month so far has a big tail below, which indicates strong buying. The monthly S&P500 Emini futures candlestick chart finally […]
Emini testing resistance of lower high and moving average
Intraday market update: February 16, 2018
Emini testing resistance of lower high and moving average Updated 6:45 a.m. The Emini reversed up strongly from the moving average on the open. However, it was mostly sideways for the final hour of yesterday and it is within that range. In addition, it is at the target of last week’s lower high. That might […]
Emini in tradable bull leg to above 2750 in developing trading range
Intraday market update: February 15, 2018
Emini in tradable bull leg to above 2750 in developing trading range Updated 6:45 a.m. The Emini gapped up and immediately reversed down with a big bear bar. The bulls created an opening reversal up from above yesterday’s high and kept the gap open. The next bar sold off again. This is an early tight […]
Emini bull leg in trading range after tradable bottom
Intraday market update: February 14, 2018
Emini bull leg in trading range after tradable bottom Updated 6:44 a.m. Today opened with a big gap down to the 60 minute EMA and the open of the week. It reversed up strongly and then down strongly. Traders do not want to use stop entries when the bars are huge. This is therefore a […]
Emini bull leg in developing trading range after 10% correction
Intraday market update: February 13, 2018
Emini bull leg in developing trading range after 10% correction Updated 6:44 a.m. The Emini tested the 60 minute moving average and the open of the week on the open. The bulls are trying for an Opening Reversal up from this support and an early low of the day. The odds are that the Emini […]
Emini 10 percent correction but monthly bull flag
Intraday market update: February 12, 2018
Emini 10 percent correction but monthly bull flag Updated 6:45 a.m. The Emini gapped up on the open, but the gap was small. Moreover, the 60 minute moving average, and yesterday’s high and close were magnets below. Finally, this early rally is forming a wedge top with the 2 highs from Friday. Unless the bulls […]
Emini tradable bottom in developing 2 to 3 month trading range
Emini weekend update: February 10, 2018
Monthly S&P500 Emini futures candlestick chart: Big, but brief reversal The monthly S&P500 Emini futures candlestick chart this month traded below last month’s low. This is the 1st pullback in 16 months. The bar is currently a big bear bar, but there are 3 weeks left to the month. Hence, it could look different on […]











