Emini and Forex Trading Update:Friday August 9, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was an exceptionally strong Small Pullback Bull Trend day. It reversed up from a one bar selloff on the open that tested Wednesday’s high. The bears could not close the gap above Wednesday’s […]

Emini and Forex Trading Update:Thursday August 8, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday reversed up from a test of Monday’s low. Because it had a bull body, it is a buy signal bar for today. It was also an outside up day. The bulls now have […]

Emini and Forex Trading Update:Wednesday August 7, 2019 I will update again at the end of the day. Pre-Open market analysis After a 4 day sell climax to below support, the Emini yesterday had a big gap up above Friday’s close. It sold off for a couple hours, but then reversed back up and closed […]

Emini and Forex Trading Update:Tuesday August 6, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday gapped down on the daily and weekly charts and sold off from the open. The gap might lead to a measured move down to near the June low. However, yesterday is also at […]

Emini and Forex Trading Update:Monday August 5, 2019 I will update again at the end of the day. Pre-Open market analysis Last week’s bar on the weekly chart was surprisingly big. A Bear Surprise Bar typically has at least a small 2nd leg sideways to down. However, after the 8 week bull micro channel, this […]

Emini and Forex Trading Update:Friday August 2, 2019 I will update again at the end of the day. Pre-Open market analysis After Wednesday’s big bear trend day, yesterday rallied strongly and it erased most of the selloff. However, it then sold of sharply after a Leg 1 = Leg 2 measured move up to Wednesday’s […]

Emini and Forex Trading Update:Thursday August 1, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini crashed on the 5 minute chart yesterday after the FOMC announcement, but reversed up and undid much of the selling. It has been oscillating around 3,000 for a month, and yesterday’s bounce […]

Emini and Forex Trading Update:Wednesday July 31, 2019 I will update again at the end of the day. Pre-Open market analysis After a gap down yesterday, the Emini rallied to Monday’s low and entered a trading range. A late rally failed and the day ended back in the earlier trading range. The Emini is in […]

Emini and Forex Trading Update:Tuesday July 30, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday sold off on the open but reversed up weakly from the 60 minute EMA. It then formed a trading range day. It was a triangle on the 5 minute chart and that is […]

Emini and Forex Trading Update:Monday July 29, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini made a new all-time high again on Friday. However, there is a potential small wedge rally on the daily chart that began with the July 18 low. It is nested within a […]