Emini and Forex Trading Update:Monday December 30, 2019 I will update again at the end of the day. Pre-Open market analysis Friday was a bear bar and therefore a sell signal bar for today. There is a parabolic wedge buy climax on the daily chart. It is at the resistance of the top of the […]
Emini expectations for the next decade
Market Overview: Weekend Market Update The Emini is closing out the decade at a new high after opening the decade near the low. This increases the chance for a couple weeks of profit-taking in early January, or possibly beginning on Monday. However, Thursday might gap up. If it did, there would then be a gap […]
Emini might preparing for gap up on yearly chart
Emini and Forex Trading Update:Friday December 27, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini had 3 small sideways days prior to yesterday. But yesterday’s late bull breakout changed the price action. It increased the chances of a stronger bull trend today and possible through the end […]
Emini yearend parabolic wedge buy climax but no reversal yet
Emini and Forex Trading Update:Thursday December 26, 2019 I will update again at the end of the day. Pre-Open market analysis Christmas week is typically the quietest week of the year. This year Christmas is on a Wednesday. Traders expect next week will be quiet as well. The Emini usually spends a lot of in […]
Emini is typically quiet during Christmas week
Emini and Forex Trading Update:Monday December 23, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini is in the final 7 trading days of the decade and the decade has been very strong. On the yearly chart (not shown) where each bar is one year, you would see […]
Emini closing at high of decade after opening near low
Market Overview: Weekend Market Update There are only 7 trading days left in the decade for the Emini. The bulls want the month, the year, and the decade to close on the high. The Emini will probably be sideways to up through yearend. The bond market is in an early bear trend on the monthly […]
Emini might get minor profit taking after yesterday’s buy climax
Emini and Forex Trading Update:Friday December 20, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini broke above its 3 day tight trading range yesterday. Yesterday was a Small Pullback Bull Trend. That is a type of buy climax. That increases the chance of some trading range price […]
Emini in 3 day tight trading range around 3200
Emini and Forex Trading Update:Thursday December 19, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini traded in a tight trading range around the 3200 Big Round Number for the 3rd day yesterday. The chart is in Breakout Mode. However, until there is a breakout, day traders will […]
Emini stalling at 3200 Big Round Number ahead of impeachment
Emini and Forex Trading Update:Wednesday December 18, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini made another all-time high yesterday. However, yesterday was also another small trading range day that traded around the 3200 Big Round Number. Is the Emini stalling here because of the impeachment? Traders […]
Emini weak breakout above 3200 Big Round Number
Emini and Forex Trading Update:Tuesday December 17, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up on the daily and weekly charts yesterday. The bulls are trying to get the year to close on the high after opening near the low in January. While the Emini […]
