Emini and Forex Trading Update:Tuesday March 3, 2020 I will update again at the end of the day. Pre-Open market analysis As I said was likely, yesterday was a bull trend day. Since last week’s collapse was so severe, there will probably be more short covering today or later this week. However, there is currently […]
Emini short covering rally in 1st week of March
Emini and Forex Trading Update:Monday March 2, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini collapsed last week. It is now down in the March to October trading range. Traders looked at that as a fair price. They probably will again. Consequently, the Emini might begin to […]
Emini 12 percent correction at end of February
Emini and Forex Trading Update:Friday February 28, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday opened almost exactly at a 10% correction from the high. It rallied early but then sold off to close on its low and well below 3000. Yes, the selling is climactic and at […]
Emini outside down candlestick in February with bear body
Emini and Forex Trading Update:Thursday February 27, 2020 I will update again at the end of the day. Pre-Open market analysis After 2 huge days down, yesterday was a weaker bear trend day. There was a wedge bottom on the 5 minute chart. But, instead of reversing up, the Emini went sideways. That is a […]
Emini late February stock market crash on 5 minute chart
Emini and Forex Trading Update:Wednesday February 26, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini crashed on the 5 minute chart yesterday. Consecutive big selloffs like those of Monday and Tuesday typically attract profit takers and bargain hunters. This increases the chance of a bull trend today […]
Emini might form outside down month in February
Emini and Forex Trading Update:Tuesday February 25, 2020 I will update again at the end of the day. Pre-Open market analysis I have been saying throughout February that the rally was probably not a resumption of the 5 month bull trend. Instead, it looked more like a bull leg in a trading range that began […]
Emini February Low 2 sell signal bar on weekly chart
Emini and Forex Trading Update:Monday February 24, 2020 I will update again at the end of the day. Pre-Open market analysis I have been saying for a couple weeks that the February rally looks more like a bull leg in what will be seen as a trading range than a resumption of the 5 month […]
Emini reversing down from 3400 big round number
Emini and Forex Trading Update:Friday February 21, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday had a surprisingly strong selloff. After the sell climax, it rallied in a bull channel and closed around the open of the week. This week currently a doji bar on the […]
Emini trying to break above 3400 Big Round Number
Emini and Forex Trading Update:Thursday February 20, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini triggered a High 1 bull flag buy signal yesterday by going above Friday’s high. The bulls want a strong breakout above the 3400 Big Round Number. Yesterday got near that target. Traders […]
Emini stalled at 3400 Big Round Number for 6 days
Emini and Forex Trading Update:Wednesday February 19, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini has been in a Small Pullback Bull Trend for 3 weeks. Yesterday was a 1 day pullback. It is High 1 bull flag buy signal bar for today. However, the Emini has […]
