Trading Update: Thursday November 7, 2024 Emini end of day video review Follow Rose’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini chart. Here are reasonable stop entry setups from yesterday. […]
Emini Bulls Want Reversal Up to 6,000
Trading Update: Wednesday November 6, 2024 Emini end of day video review S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and […]
Al Brooks Trading Room Session Recap
Open house session (November 1) recap by Louie Wong Visit Louie’s YouTube channel for more price action analysis (Chinese) Transcript We all know that if you have a pair of trend bars with at least one of them being big enough, there is a higher probability to see the trend from the open. Which is […]
Emini Election Day for United States
Trading Update: Tuesday November 5, 2024 Emini end of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. […]
Emini Weak Inside Bar
Trading Update: Monday November 4, 2024 Emini end of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Friday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Friday. […]
Bitcoin October bar traded near all-time high
Market Overview: Bitcoin This week, the October monthly bar closed with a bull bar that nearly reached Bitcoin’s previous all-time high. The monthly close, positioned above September’s high, suggests that November or December may bring a renewed attempt to test October’s high. Reflecting on the year so far, Bitcoin has largely moved within a trading […]
Monthly EURUSD Pullback
Market Overview: EURUSD Forex The market formed a monthly EURUSD pullback to the middle of the trading range. The bulls see the current move as a pullback and a retest of the breakout point. They want the bull trend line or the 20-month EMA to act as support followed by a retest of the recent […]
Overlapping Candlesticks in Crude Oil
Market Overview: Crude Oil Futures The overlapping candlesticks in Crude Oil, poor follow-through and frequent reversals are hallmarks of trading range price action. The bears hope to get a second leg sideways to down to retest the September low followed by a breakout below the triangle. The bulls want a reversal from a double bottom […]
Monthly Emini Reversal Bar
Market Overview: S&P 500 Emini Futures The market formed a monthly Emini reversal bar in October. The bears want a reversal from a wedge (Mar 21, Jul 16 and Oct 17) and an embedded wedge (Mar 21, Jul 16 and Oct 17). To increase the odds of a deeper pullback, they must create a strong […]
Nifty 50 Tight Bull Channel
Market Overview: Nifty 50 Futures Nifty 50 Tight Bull Channel on the monthly chart. Nifty 50 is currently in a tight bull channel on the monthly chart. This month, the market showed a strong bearish close for the first time in a year. Despite the prevailing strong bull trend, bears will need consistent follow-through bars […]
