Emini weak reversal up from close of 2017 I will update again at the end of the day. Pre-Open market analysis Yesterday formed a good buy signal bar on the daily chart. It reversed up from below the sell climax low from 2 weeks ago. This is a lower low double bottom. After a big […]

Emini minor sell signal in middle of October trading range I will update again at the end of the day. Pre-Open market analysis Friday was an inside day on the daily chart and last week was an inside bar on the weekly chart. By trading below Friday’s low, the bears triggered a minor sell signal […]

Emini daily and weekly doji bars after October sell climax I will update again at the end of the day. Pre-Open market analysis The Emini formed a doji bar on the daily chart on Friday, and on the weekly chart as well. This is a sign that the bears were exhausted after the big selloff […]

Emini weekly doji inside bar after last week’s sell climax I will update again at the end of the day. Pre-Open market analysis The Emini triggered a weak sell signal yesterday buy trading below Wednesday’s low. Therefore, the odds are that the Emini will continue the 6 day developing trading range before deciding on the […]

Emini bulls need follow-through buying after October bear trap I will update again at the end of the day. Pre-Open market analysis Yesterday sold off to the 60 minute EMA and reversed up to above Tuesday’s high. The 2nd half of the day was a trading range and the day closed just above the open. […]

Possible Emini October bear trap I will update again at the end of the day. Pre-Open market analysis The Emini broke above the bear ii on the daily chart yesterday and formed a big bull trend from the open. While good for the bulls, they need follow-through buying for at least 1 – 2 more […]

Emini consolidating after either October bear breakout or bear trap I will update again at the end of the day. Pre-Open market analysis The Emini continued its 3 day trading range yesterday. But, it closed near its low and it was the 2nd consecutive bear inside bar. This is an ii sell signal for today. […]

Emini October sell climax erasing the 2018 gains I will update again at the end of the day. Pre-Open market analysis The Emini sold off strongly last week. It will probably soon give back all of 2018’s gains by falling below last year’s close. However, because the selling has been so extreme, the bears might […]

Emini giving back all of 2018 gains on test of 2700 I will update again at the end of the day. Pre-Open market analysis Since yesterday was another big bear day on the daily chart, the Emini will probably test the next major support at 2700 within a few weeks. Look at the 1st half […]

Emini correction could give back all of 2018 gains I will update again at the end of the day. Pre-Open market analysis For the past month, I said that the Emini looked weak and that it would probably pull back to the 20 week EMA. The bears accomplished that goal yesterday. Furthermore, I said that […]