Trading Update: Thursday January 11, 2024 S&P Emini pre-open 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 each sell entry bar with […]
Emini Disappointing Follow-through
Trading Update: Wednesday January 10, 2024 S&P Emini pre-open 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 each sell entry bar with […]
Emini Disappointing Follow-through Likely
Trading Update: Tuesday January 9, 2024 S&P Emini pre-open 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 each sell entry bar with […]
Getting through the Brooks Trading Course
Free pilot coaching session recording
You are invited to a free pilot “Getting through the Brooks Trading Course” coaching session later today. The first of several. Agenda: 1. General introduction (20mins)2. Getting started (30-40mins)3. Q&A (30min) Presented by Brad Wolff. When: Tuesday January 9 at 2pm PT / 5pm ET / 10pm GMT. Will this be recorded? YES. Webinar video will be streamed […]
Emini Bulls Expecting Bounce
Trading Update: Monday January 8, 2024 S&P Emini pre-open 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. I show each buy entry bar with a green arrow and each sell entry bar with […]
Bitcoin towards $50000 because Strong Magnet
Market Overview: Bitcoin Bitcoin is trading upwards towards a strong magnet. In this week’s, we observed a notable shift as prices surged above the 2023 high, only to experience an immediate sell-off. The subsequent dip resulted in trading below the prior weekly low, marking the end of a series of consecutive weekly higher lows, signaling […]
EURUSD Minor Pullback
Market Overview: EURUSD Forex The weekly chart formed an EURUSD minor PB (pullback) to the 20-week EMA. The bulls want the 20-week EMA to act as support, followed by a reversal from a double bottom bull flag with the first leg being the December 8 low. The bears need to create a few strong consecutive […]
Crude Oil Sideways to Up
Market Overview: Crude Oil Futures The market is forming a Crude Oil sideways to up pullback on the weekly chart. The bulls will need to create follow-through buying trading above the 20-week EMA to increase the odds of higher prices. The bears want the 20-week EMA and the bear trend line to act as resistance, forming […]
Emini Start of Pullback
Market Overview: S&P 500 Emini Futures The market formed an Emini start of PB (pullback) following a climactic rally, ending the 10-bar bull microchannel streak. The bulls want the pullback to be sideways and shallow (with doji(s), bull bars and overlapping candlesticks), possibly forming a double bottom bull flag. The bears will need to create […]
Nasdaq 100 First Bear Bar since November 2023
Market Overview: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a big bear trend bar with a small tail below. It is the first bear bar since November 2023. It also closed the breakout gap with July high. On the daily chart, the market had three consecutive trend bear bars and then closed […]
