Emini and Forex Trading Update:Tuesday March 31, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini rallied in a weak Bull Trend From The Open yesterday. It then went sideways for several hours. There was late trend resumption up, and the Emini broke above yesterday’s high late in […]

Emini and Forex Trading Update:Monday March 30, 2020 I will update again at the end of the day. Pre-Open market analysis Friday was an inside day. It is therefore both a buy and sell signal bar for today. Since it was a doji bar, it will probably not lead to a big more up or […]

Emini and Forex Trading Update:Friday March 27, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini again yesterday traded above last week’s high, but it could not get far above it until late. It was in a trading range for most of the day, just above last week’s […]

Emini and Forex Trading Update:Thursday March 26, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday formed a 2nd consecutive bull day. It was therefore confirmation that Tuesday’s breakout will probably be the start of a strong short covering rally. However, the late selloff was a reminder […]

Emini and Forex Trading Update:Wednesday March 25, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday gapped up and rallied. But the bulls were unable to maintain control and the day entered a trading range. Because it closed near its high, there is an increased chance of higher prices […]

Emini and Forex Trading Update:Tuesday March 24, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini is locked limit up in the Globex session today. Yesterday’s low was a 34% pullback from the high That is extremely unusual for a sell climax. Traders therefore expect a big short […]

Emini and Forex Trading Update:Monday March 23, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini sold off further last week. It closed just above the January 20, 2017 open. That is the day President Trump assumed office. The market is clearly paying attention to that price. It […]

Emini and Forex Trading Update:Friday March 20, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday triggered a buy signal by going above Wednesday’s high. There is a 5 day micro wedge nested within a month-long parabolic wedge sell climax. However, the bulls failed yesterday to get a big […]

Emini and Forex Trading Update:Thursday March 19, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini finally broke below the December 2018 low yesterday. It also dipped below the open of January 20, 2017. That is the day Trump took office and therefore a magnet. The selloff has […]

Emini and Forex Trading Update:Wednesday March 18, 2020 I will update again at the end of the day. Pre-Open market analysis Today is a very dangerous day. But, the bulls have a chance. Yesterday again tested the December 2018 low, and it again held above. In fact, yesterday’s low was above Monday’s low and its […]