Emini and Forex Trading Update:Friday July 26, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini repeated its pattern from last week of strongly reversing trend days. Yesterday totally reversed Wednesday’s rally. Yesterday now is a double top with last week’s high. Nothing has changed. The month-long wedge […]

Emini and Forex Trading Update:Thursday July 25, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday rallied to another all-time high. It closed on its high after a strong rally and therefore there is an increased chance of a gap up today. But since yesterday was a buy climax, […]

Emini and Forex Trading Update:Wednesday July 24, 2019 I will update again at the end of the day. Pre-Open market analysis Monday was a bull inside day on the daily chart and a buy signal bar. Yesterday gapped up and triggered the buy. But last week’s 2 big bear bars and the month-long wedge buy […]

Emini and Forex Trading Update:Tuesday July 23, 2019 I will update again at the end of the day. Pre-Open market analysis There are still sell signals on the daily and weekly charts. Yesterday did not trigger either. Yesterday was an inside day and the week so far is an inside week. However, last week’s 2 […]

Emini and Forex Trading Update:Monday July 22, 2019 I will update again at the end of the day. Pre-Open market analysis After a month-long parabolic wedge buy climax, the Emini had a Bear Surprise Bar on Wednesday. That typically leads to at least a small 2nd leg sideways to down. In a strong bull trend, […]

Emini and Forex Trading Update:Friday July 19, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was a strong reversal up after Wednesday’s big bear day. I said yesterday before the open that the bears would not get immediate follow-through selling because of the strong bull trends on the […]

Emini and Forex Trading Update:Thursday July 18, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was a spike and channel bear trend day on the 5 minute chart. Also, it was a surprisingly big bear day on the daily chart. A Bear Surprise Day typically has at least […]

Emini and Forex Trading Update:Wednesday July 17, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini sold off yesterday. Traders are deciding if this is the start of a 2 – 3 week pullback. Because the daily chart has a parabolic wedge top, the odds favor a couple […]

Emini and Forex Trading Update:Tuesday July 16, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday sold off on the 1st bar after gapping up to a new all-time high. But, the bear channel on the 5 minute chart was not strong. In the middle of the day, the […]

Emini and Forex Trading Update:Monday July 15, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini has rallied for 6 weeks and it is at a new all-time high. Since the bull trend has 4 legs up and the channel is tight, the rally is a parabolic wedge […]