Emini and Forex Trading Update:Wednesday April 28, 2021 Pre-Open market analysis of daily chart Emini at top of trading range and double top with April 16 high, and yesterday is the sell signal bar. Yesterday had a big tail below and the bull trend is strong, so this is a low probability sell signal. Consecutive […]
SP500 Emini trade setups
For Monday April 26, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
SP500 Emini loss of momentum and may enter trading range
Emini and Forex Trading Update:Monday April 26, 2021 Pre-Open market analysis of daily chart Emini loss of momentum despite Friday being a big bull bar, and new all-time high. Bulls not as strong as they could have been with close below Friday’s high. Friday tested top of 9-day tight trading range. Bears want reversal down […]
Emini outside down day at end of April
Emini and Forex Trading Update:Friday April 23, 2021 Pre-Open market analysis of daily chart Yesterday was an Emini outside down day. It traded above Wednesday’s high, and then below its low. There is now a small lower high double top on the daily chart, and therefore an increased chance of a pullback. But trends resist […]
SP500 Emini trade setups
For Wednesday April 21, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
Emini unlikely to have 4th consecutive bear day today
Emini and Forex Trading Update:Wednesday April 21, 2021 Pre-Open market analysis of daily chart Yesterday was the 3rd consecutive bear day. The bear bodies are getting bigger so the momentum down is increasing. These 3 bear days were caused by profit taking. Once there is profit taking in a buy climax, it usually has at […]
SP500 Emini trade setups
For Monday April 19, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
Emini at start of 5th week of strongest rally in a year
Emini and Forex Trading Update:Monday April 19, 2021 Pre-Open market analysis of daily chart Friday was a 2nd bear bar in 3 days after the streak of 13 consecutive bull bars ended on Wednesday. Emini now at start of 5th week of strongest rally in a year. This is a sign that bulls are starting […]
Emini streak ended but buy climax continues
Emini and Forex Trading Update:Friday April 16, 2021 Pre-Open market analysis of daily chart Emini streak ended Wednesday, a bear day, ending streak of 13 consecutive bull days. Longest streak in 10 years, so unsustainable and an extreme buy climax. Climaxes can continue much longer than what might seem reasonable. No top yet. Since buy […]
SP500 Emini trade setups
For Wednesday April 14, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
