Emini and Forex Trading Update:Friday July 12, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini had another trading range day yesterday. The bulls bought the early selloff, but were unable to rally strongly. The bears got a reversal down. Yet, the bulls bought the new low and […]
Emini parabolic wedge above 3000 but weak sell signal bar
Emini and Forex Trading Update:Thursday July 11, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up and rallied to a new high yesterday. It then sold off to a new low, but the gap stayed open. It reversed up and entered a trading range. By closing […]
Emini bull flag at 3000 but parabolic wedge top
Emini and Forex Trading Update:Wednesday July 10, 2019 I will update again at the end of the day. Pre-Open market analysis On the daily chart, the bears have a parabolic wedge top at the 3,000 Big Round Number. However, they do not have a good sell signal bar or a micro double top. The 3 […]
Emini Breakout Mode at 3000 Big Round Number
Emini and Forex Trading Update:Tuesday July 9, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini gapped down and formed a small trading range day yesterday after Friday’s bull reversal day. Big Down, Big Up creates Big Confusion. Yesterday’s trading range was the result. The bulls are struggling […]
Emini weak buy signal bar in wedge rally to 3000
Emini and Forex Trading Update:Monday July 8, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini closed at a new all-time high on the weekly chart last week. While it finally broke above my minimum target of 3000, it failed to close above it. On the daily chart, […]
Emini gap up triggered oo monthly buy signal
Emini and Forex Trading Update:Tuesday July 2, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday had a big gap up to a new all-time high, but sold off for 5 hours. There was a gap up on the weekly and monthly charts as well, but both closed during […]
Emini oo consecutive outside bar buy signal on monthly chart
Emini and Forex Trading Update:Monday July 1, 2019 I will update again at the end of the day. Pre-Open market analysis June is a buy signal bar on the Emini monthly chart. There is an oo bull flag (consecutive outside bars). If July goes above the June high, which it probably will given the likely […]
Emini’s June oo buy signal and expanding triangle top
Market Overview: Weekend Market Update The June bar on the Emini’s monthly candlestick chart has created an oo bull flag with May. However, if July does not go above the June high to trigger the buy signal, July will be both a buy and sell signal bar for August. The month-long rally in the crude […]
Emini weak bull flag ahead of G20 China talks
Emini and Forex Trading Update:Friday June 28, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday formed the 1st bull body on the daily chart in 5 days. After 4 consecutive bear bars, the odds are that this 1st rally attempt will fail within a couple days. […]
Emini 4 day pullback ahead of China trade talks
Emini and Forex Trading Update:Thursday June 27, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday broke above Tuesday’s bear channel, which was likely. It then sold off in a bear channel and closed on its low. It was the 4th consecutive bear day in a reversal […]
