Emini and Forex Trading Update:Wednesday March 3, 2021 I will update again at the end of the day. Pre-Open market analysis Yesterday was a bear inside bar on the daily chart. It is a sell signal bar for today. If the Emini forms a 2nd consecutive big bear day today, the probability of a 10% […]

Emini and Forex Trading Update:Tuesday March 2, 2021 I will update again at the end of the day. Pre-Open market analysis Friday was a 2nd consecutive big bear day on the daily chart. That has not happened since the 10% corrections in September and October. It made a 10% correction likely. However, yesterday was a […]

Emini and Forex Trading Update:Monday March 1, 2021 I will update again at the end of the day. Pre-Open market analysis Friday was the last day of February. It closed below the middle of the month, which is slightly bearish because of the parabolic wedge on the monthly chart – a bear follow-through day. On […]

Emini and Forex Trading Update:Friday February 26, 2021 I will update again at the end of the day. Pre-Open market analysis The Emini sold off yesterday to below Wednesday’s low, totally erasing that rally. Traders are still deciding whether the Emini will close below month midpoint today, and in early stages of a 10% correction, […]

Emini and Forex Trading Update:Thursday February 25, 2021 I will update again at the end of the day. Pre-Open market analysis The Emini had a 2nd strong bull day yesterday. This increases the chance of a test of the all-time high, and possibly the Emini testing 4000 Big Round Number within the next couple weeks. […]

Emini and Forex Trading Update:Wednesday February 24, 2021 I will update again at the end of the day. Pre-Open market analysis The Emini pulled back for a 6th day yesterday. This is the longest pullback since the 10% corrections in September and October. Traders are deciding if this pullback will reach 10% or reverse back […]

Emini and Forex Trading Update:Tuesday February 23, 2021 I will update again at the end of the day. Pre-Open market analysis The Emini pulled back again yesterday. While yesterday was a bull doji, which is not bearish, it was the 5th day down from the all-time high. This is the 1st 5-day pullback since October, […]

Emini and Forex Trading Update:Monday February 22, 2021 I will update again at the end of the day. Pre-Open market analysis Emini gapping down today after being in a tight trading range for 9 days. The buy climax since November has been extreme. The bears are hoping that the bulls will take profits into the […]

Emini and Forex Trading Update:Friday February 19, 2021 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday reversed up strongly from just above last week’s low. This prevented the week from being an outside down bar on the weekly chart. It also increases the chance that today might […]

Emini and Forex Trading Update:Thursday February 18, 2021 I will update again at the end of the day. Pre-Open market analysis Yesterday fell below Tuesday’s low, which triggered a sell signal on the daily chart. The bears want a mid-month reversal and for February to close below the open of the month. However, the bulls […]