Emini and Forex Trading Update:Tuesday June 25, 2019 I will update again at the end of the day. Pre-Open market analysis By trading below Friday’s low, the Emini triggered a minor sell signal yesterday. The downside is small because the bull channel is tight. It could pull back to the tight trading range around 2900 […]
Emini weak breakout above May all time high
Emini and Forex Trading Update:Monday June 24, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini made 2 new all-time highs last week. Additionally, June is now a buy signal bar for July on the monthly chart. The bulls will try to have June close near its high […]
Emini all-time high after June FOMC report
Emini and Forex Trading Update:Friday June 21, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday opened at a new all-time high, but then sold off and closed its big gap up. It then reversed back up and closed at a new all-time high. There are now consecutive outside […]
Emini June FOMC gap up to new all time high
Emini and Forex Trading Update:Thursday June 20, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday had a huge, brief rally on yesterday’s FOMC report, but then entered a broad bull channel. Yesterday as an inside bar on the daily chart and a buy signal bar for today. The […]
Emini awaiting today’s FOMC June interest rate decision
Emini and Forex Trading Update:Wednesday June 19, 2019 I will update again at the end of the day. Pre-Open market analysis Today’s 11 am PST FOMC announcement is unusually important. It could quickly lead to a new all-time high this week or a sharp reversal down. Traders should trade today in 2 pieces. What takes […]
Emini tight trading range before June FOMC meeting
Emini and Forex Trading Update:Tuesday June 18, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini formed a 4th consecutive doji bar in a tight trading range. The daily chart is in Breakout Mode ahead of Wednesday’s FOMC meeting. Consequently, the odds of a bull breakout and of […]
Emini tight trading range ahead of June FOMC meeting
Emini and Forex Trading Update:Monday June 17, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini has been sideways in a tight trading range. Last week’s candlestick pattern was a perfect doji bar on the weekly chart. That is neutral. Traders are waiting for Wednesday’s FOMC announcement before […]
Emini weak buy setup ahead of June FOMC
Emini and Forex Trading Update:Friday June 14, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday traded above Wednesday’s high and triggered a buy signal. However, Wednesday had a bear body and Tuesday was a big outside down day. This is a weak buy setup. Furthermore, the 6 day […]
Emini weak entry bar after weekly outside up buy signal
Emini and Forex Trading Update:Thursday June 13, 2019 I will update again at the end of the day. Pre-Open market analysis Tuesday was an outside down bar on the daily chart. It is a sell signal bar for a double top with the May 16 high. Yesterday triggered the sell signal by trading below Tuesday’s […]
Emini outside down sell signal bar for double top with May 16 high
Emini and Forex Trading Update:Wednesday June 12, 2019 I will update again at the end of the day. Pre-Open market analysis I have been saying since the weekend that there would be a pullback this week. This is because the Emini was testing the major May 16 lower high. Furthermore, there was a parabolic wedge […]
