Emini weak Christmas rally testing 2017 close I will update again at the end of the day. Pre-Open market analysis The Emini rallied in a weak bull channel yesterday. It then reversed down from just below the close of last year. Since it closed near its low, it is a good sell signal bar for […]

Emini weak buy entry bar after test of October low I will update again at the end of the day. Pre-Open market analysis The Emini had a big gap up yesterday, but sold off in an endless pullback. There was a strong rally from a Final Bear Flag reversal late in the day. It reversed […]

Emini minor reversal up from October low and 2600 Big Round Number I will update again at the end of the day. Pre-Open market analysis The Emini yesterday reversed up from below the October low and the 2600 Big Round Number. Because the day closed near its high, it is a reasonable buy signal bar […]

Emini outside down week just above February low I will update again at the end of the day. Pre-Open market analysis After Thursday’s big rally, Friday was a big bear trend day. It is a sell signal bar for today, but it is at the bottom of a 7 week trading range. The bears have […]

Emini outside down week testing November low I will update again at the end of the day. Pre-Open market analysis By breaking below last week’s low, the Emini turned this week into an outside down week. The Emini reversed up yesterday from below last week’s low and last month’s low. Because yesterday was a big […]

Emini sell climax after buy climax creates confusion, which typically results in a trading range I will update again at the end of the day. Pre-Open market analysis Tuesday was a huge bear day after a buy climax in late November. Big Up, Big Down creates Big Confusion. Traders buy low, sell high, and take […]

Emini testing 2800 Big Round Number and November high I will update again at the end of the day. Pre-Open market analysis Yesterday had a bear body, despite the huge gap up. I wrote on Friday that this was likely because a 6th bull day would be unusual. The bears want a lower high compared […]

Emini end of the year triangle and breakout mode I will update again at the end of the day. Pre-Open market analysis Friday was the 5th consecutive bull trend day after a higher low major trend reversal. The chart pattern was also a head and shoulders bottom. While the reversal is strong, it is now […]

Emini bulls want November buy signal bar on monthly chart I will update again at the end of the day. Pre-Open market analysis The Emini had a strong bull breakout in the middle of the day yesterday. It was big enough to have follow-through buying over the next week. This is true even if there […]

Emini 3 day island bottom might become 5 day island bottom I will update again at the end of the day. Pre-Open market analysis Yesterday was a broad bull channel day and it closed on its high. Also, if tomorrow gaps up, there will be a 5 day island bottom in addition to the current […]