Emini and Forex Trading Update:Friday June 14, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday traded above Wednesday’s high and triggered a buy signal. However, Wednesday had a bear body and Tuesday was a big outside down day. This is a weak buy setup. Furthermore, the 6 day […]
Emini weak entry bar after weekly outside up buy signal
Emini and Forex Trading Update:Thursday June 13, 2019 I will update again at the end of the day. Pre-Open market analysis Tuesday was an outside down bar on the daily chart. It is a sell signal bar for a double top with the May 16 high. Yesterday triggered the sell signal by trading below Tuesday’s […]
Emini outside down sell signal bar for double top with May 16 high
Emini and Forex Trading Update:Wednesday June 12, 2019 I will update again at the end of the day. Pre-Open market analysis I have been saying since the weekend that there would be a pullback this week. This is because the Emini was testing the major May 16 lower high. Furthermore, there was a parabolic wedge […]
Emini double top with May 16 high ahead of FOMC
Emini and Forex Trading Update:Tuesday June 11, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini reversed down yesterday from above the May 16 high and 2900. There is now a double top bear flag on the daily chart. Yesterday is the sell signal bar for today. But […]
Emini weekly outside up buy signal at 2900 resistance
Emini and Forex Trading Update:Monday June 10, 2019 I will update again at the end of the day. Pre-Open market analysis Last week formed an exceptionally big outside up bar on the weekly chart. It is a buy signal bar for this week. Because it is a big bar, the stop for the bulls is […]
Emini outside up bar and double bottom weekly buy signal
Market Overview: Weekend Market Update The Emini rallied strongly this week and formed an outside up bar on the weekly chart. This week is therefore a buy signal bar for next week. The crude oil futures market tested the January 14 low and $50 this week. Because of the parabolic wedge sell climax, there will […]
Emini bulls have outside up buy signal on weekly chart
Emini and Forex Trading Update:Friday June 7, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini has rallied for 4 days from just above the gap above the February 11 high. The bulls hope this is a resumption of the 2019 bull trend. Today is Friday. This week […]
Emini possible outside up buy signal bar on weekly chart
Emini and Forex Trading Update:Thursday June 6, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini sold off and then rallied yesterday from an Opening Reversal up from the May 13 low. It was a trading range day. There are only 2 trading days left to the week. […]
Emini trend reversal up from May parabolic wedge sell climax
Emini and Forex Trading Update:Wednesday June 5, 2019 I will update again at the end of the day. Pre-Open market analysis I said over the weekend and on Monday that the Emini would probably rally this week. After 4 weeks in a tight bear channel with 4 legs down, the odds favored several days up. […]
Emini monthly sell signal but parabolic wedge sell climax
Emini and Forex Trading Update:Tuesday June 4, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini had unusually big swings up and down yesterday. The big swings up tell traders that the bears are beginning to take some profits. Additionally, the bulls are beginning to buy for a […]
