Emini and Forex Trading Update: <br />Friday April 5, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini formed an inside day yesterday. It is therefore both a buy signal bar and a sell signal bar. The bulls want a test of 2900 and then a continuation up […]
Emini and Forex Update: Emini buy climax testing 2900 big round number
Thursday April 4, 2019 I will update again at the end of the day. Pre-Open market analysis Although the Emini gapped up yesterday, it was a trading range day. Yet, the daily chart continues to work higher. The bulls want a break above the 2900 Big Round Number and then a new all-time high. But, […]
Emini bull flag and bull micro channel at March high
Intraday market update: Wednesday April 3, 2019 I will update again at the end of the day. Pre-Open market analysis I mentioned before the open yesterday that yesterday would probably have at least 2 hours of trading range trading. That was because Monday’s rally was weak and therefore likely to transition into trading range price […]
Emini weekly buy signal and breakout above March high
Intraday market update: Tuesday April 2, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday had a big gap up, but then a weak bull trend. By going above last week’s high, the Emini triggered a weekly buy signal. The rally broke and closed above the March 22 high […]
Emini monthly chart strong first quarter losing momentum
Intraday market update: Monday April 1, 2019 I will update again at the end of the day. Pre-Open market analysis On the monthly chart, the Emini has rallied for 3 months. But, the bodies have been shrinking, which indicates a loss of momentum. March had a relatively small range and small body. It therefore increases […]
Emini parabolic wedge climax top and loss of momentum
Market Overview: Weekend Market Update The Emini has a parabolic wedge buy climax at the 2825 resistance level and a loss of momentum. A 2 month pullback is more likely than a continued rally to a new all-time high. The crude oil futures chart is in a Spike and Channel bull trend. There is no […]
Emini buy climax and final trading day in March
Intraday market update: Friday March 29, 2019
Emini buy climax and final trading day in March I will update again at the end of the day. Pre-Open market analysis The Emini formed an inside day yesterday. But, it closed near the high and there is a micro double bottom on the daily chart. Yesterday is therefore a buy signal bar for today. […]
Emini at magnets of March open and low of last week
Intraday market update: Thursday March 28, 2019
Emini at magnets of March open and low of last week I will update again at the end of the day. Pre-Open market analysis As I wrote before yesterday’s open, yesterday was a bad sell signal bar on the daily chart. Although the Emini triggered the sell, it reversed up. The Emini is waiting for […]
Emini weekly and daily sell signal bars after 3 month rally
Intraday market update: Wednesday March 27, 2019
Emini weekly and daily sell signal bars after 3 month rally I will update again at the end of the day. Pre-Open market analysis Since Monday was a weak buy signal bar, there were likely to be more sellers than buyers above Monday’s high. And there were. Although yesterday gapped up, it sold off for […]
Emini weekly sell signal but at 20 day EMA
Intraday market update: Tuesday March 26, 2019
Emini weekly sell signal but at 20 day EMA I will update again at the end of the day. Pre-Open market analysis Yesterday traded below last week’s low and triggered a weekly sell signal. However, the day was a trading range day. Since it closed above its midpoint, it is a buy signal bar for […]











