Market Overview: DAX 40 Futures DAX futures was a bull micro channel and a possible wedge top. It is a low probability sell signal, taking a chance that it is a wedge and failed breakout above a double top. But most traders expect higher prices, so bulls will scale in lower, knowing it is unlikely […]
Nasdaq 100 Pause in Bull Micro Channel at Monthly EMA
Market Overview: NASDAQ 100 Emini Futures NASDAQ 100 pause on weekly Nasdaq 100 Emini futures chart at the monthly exponential moving average (EMA) after 4 weeks of bull bars. This week was an opportunity for the bulls to break strongly above the monthly EMA, although given the strong move up for the last two weeks, […]
Emini Bears Want Test of 4,000
Trading Update: Friday February 10, 2023 Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market update Yesterday’s Emini setups Al created the SP500 Emini charts. Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell […]
Emini in Breakout Mode Just Under Important Resistance
Trading Update: Thursday February 9, 2023 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 several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell entry with a red […]
Investing in Stocks in 2023
Summary Update
Hi everyone. I’m Al Brooks and I want to talk about what the stock market might do in the coming year. Video duration: 44min 16sec — **Summary update from 26min 40sec** I hope that you find this helpful and I hope that you have a good year.
Emini Bulls Likely to Step Aside to Assess Bear Determination
Trading Update: Wednesday February 8, 2023 Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market update Yesterday’s Emini setups Tim Fairweather created the SP500 Emini chart. Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each […]
Emini Small Second Leg Down Likely
Trading Update: Tuesday February 7, 2023 Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market update Yesterday’s Emini setups Al created the SP500 Emini charts. Here are several reasonable stop entry setups from yesterday. I show each buy entry with a green rectangle and each sell […]
Emini Likely Close below Today’s Open
Trading Update: Monday February 6, 2023 Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini intraday market update Friday’s Emini setups Al created the SP500 Emini charts. Here are several reasonable stop entry setups from Friday. I show each buy entry with a green rectangle and each sell […]
Emini Broke above December High
Market Overview: S&P 500 Emini Futures The S&P 500 Emini futures broke above December high this week, which the bulls hope was the last major lower high, thereby ending the bear trend of successively lower highs and lower lows. While some traders may view the December high as a major lower high, the bears want […]
Crude Oil Bear Breakout
Market Overview: Crude Oil Futures Crude oil bear breakout below the inside bar on weekly chart. The odds slightly favor Crude Oil to trade at least a little lower, possibly testing near the 11-week trading range low. Traders will BLSH (Buy Low, Sell High) until there is a breakout from either direction from the trading […]
