Emini and Forex Trading Update:Friday August 23, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was an outside day and a doji day on the daily chart, which is neutral. The Emini is at the top of a 3 week trading range. But the momentum up on the […]

Emini and Forex Trading Update:Thursday August 22, 2019 I will update again at the end of the day. Pre-Open market analysis With yesterday’s close at the high of the day, there is an increased chance of at least slightly higher prices today in the Emini. However, the Emini is now near the top of its […]

Emini and Forex Trading Update:Wednesday August 21, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini sold off in a bear channel yesterday, but were unable to close the gap above Friday’s high. The selloff is more likely a pullback from last week’s rally than a resumption of […]

Emini and Forex Trading Update:Tuesday August 20, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up and rallied for the 1st half of the day. But there was a lot of trading range price action and the day closed exactly at the open. This formed a […]

Emini and Forex Trading Update:Monday August 19, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini triggered a double bottom buy signal on Friday. However, the buy signal bar was a small bear doji. That is an unreliable setup. Furthermore, it followed a huge selloff on the day […]

Emini and Forex Trading Update:Friday August 16, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini was in a trading range for the 1st half of yesterday. The bears got a strong breakout below the double bottom, but the selloff reversed up from just above last week’s low. […]

Emini and Forex Trading Update:Thursday August 15, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was a strong bear trend day, and there was very little overlap with Tuesday, which was a strong bull day. This is a bull trap and it increases the chance of lower prices. […]

Emini and Forex Trading Update:Wednesday August 14, 2019 I will update again at the end of the day. Pre-Open market analysis I have been saying since Friday that this week would go above last week’s high to trigger the weekly buy signal. But I also said that there probably would be sellers above last week’s […]

Emini and Forex Trading Update:Tuesday August 13, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday traded below Friday’s low and therefore triggered a sell signal on the daily chart. The bears saw last week as a 4 day bear flag. Since Friday was a bear doji, it was […]

Emini and Forex Trading Update:Monday August 12, 2019 I will update again at the end of the day. Pre-Open market analysis On the weekly chart, last week was a bull bar and a possible end of a 2 week pullback. It is a buy signal bar for this week. The weekly chart is in a […]