Emini and Forex Trading Update:Thursday December 31, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday was an inside bar and it followed an outside bar. There is now an IOI (inside-outside-inside) pattern on the daily chart — an IOI Breakout Mode pattern. With today being the final trading […]
Emini bull trend, but bears want a reversal down at end of 2020
Emini and Forex Trading Update:Wednesday December 30, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday was an outside down day, and a reversal down from the top of the bull channel that began with the November 9 high. If today trades below yesterday’s low, it will trigger a […]
Emini all-time high with 3 days left in 2020
Emini and Forex Trading Update:Tuesday December 29, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday gapped up to a new Emini all-time high. It triggered High 1 buy signals on the daily and weekly charts. Since yesterday was a bull day, there is an increased chance of higher […]
Emini daily and weekly High 1 bull flags at end of 2021
Emini and Forex Trading Update:Monday December 28, 2020 I will update again at the end of the day. Pre-Open market analysis Last Thursday (pre-Christmas holiday) was a bull inside bar on the daily chart, after a big bull day a week ago. Today is a High 1 buy signal bar in a Small Pullback Bull […]
The Emini might finish 2020 at new all-time high
Market Overview: Weekend Market Analysis The SP500 Emini futures are at a measured move target, and there is a nested wedge top on the weekly chart. Also, the 5-week rally on the daily chart has not been very strong. Traders should expect a pullback to below 3500 to begin by early January after a possible […]
Emini momentum falling at top of December trading range
Emini and Forex Trading Update:Thursday December 24, 2020 I will update again at the end of the day. Pre-Open market analysis It is important to note that today closes at 10:15 am PST. Yesterday was a small bear reversal day on the daily chart, with Emini momentum falling, and it is a sell signal bar […]
Emini bulls want follow-through buying into the yearend
Emini and Forex Trading Update:Wednesday December 23, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini formed a trading day and an inside day yesterday. It is therefore both a buy and sell signal bar, but because the Emini is in the middle of a 4-week trading range, […]
Emini formed a big High 1 buy signal bar for a possible yearend rally
Emini and Forex Trading Update:Tuesday December 22, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday sold off to the bottom of the 3-week trading range and reversed up strongly. The selloff was also a test of the open of the month and last week’s low. Yesterday […]
Emini breaking below its 5-week bull channel at end of the year
Emini and Forex Trading Update:Monday December 21, 2020 I will update again at the end of the day. Pre-Open market analysis The bulls want the Emini to finish the year at an all-time high. The Emini made a new all-time high on Friday, but then became an outside down bar. The bears hope that the […]
Meu Setup de Day Trading
Embora possa ser difícil de acreditar, meu setup de day trading usa apenas um único notebook com tela de 13″ para operar. Ele possui meus gráficos e uma plataforma de operação de uma ou duas corretoras. Um trader não precisa de mais do que isso para ganhar dinheiro. Basta plotar um gráfico de 5 minutos […]
