Emini testing key resistance at 2800 Big Round Number I will update again at the end of the day. Pre-Open market analysis The Emini broke above the 2800 Big Round Number for the 1st time since March. However, the March 13 high of 2811.00 is much more important. It is the top of the 6 […]

Emini island top and weekly gap below I will update again at the end of the day. Pre-Open market analysis Because the Emini gapped down yesterday after Tuesday’s gap up, it formed a one day island top. If it were to gap down again today, it would form a 3 day island top. This is […]

Emini 60 minute parabolic wedge buy climax below March high I will update again at the end of the day. Pre-Open market analysis Yesterday had a small range and was sideways. The 3 day rally is losing momentum now that it is near the top of the 6 month range. This reduces the chance of […]

Emini testing 2800 top of 6 month trading range I will update again at the end of the day. Pre-Open market analysis Yesterday was a small bull day. It therefore was follow-through buying after Friday’s breakout above June’s bear channel. This increases the chance of a test of the June 13 high of 2796.00 and […]

Emini brief July rally from head and shoulders bottom I will update again at the end of the day. Pre-Open market analysis The Emini broke above the neck line of a head and shoulders bottom on the 60 minute chart. Since the breakout went far above, the odds are that there will be at least […]

Emini 60 minute head and shoulders bottom for minor summer rally I will update again at the end of the day. Pre-Open market analysis The Emini reversed up yesterday on the 5 minute chart. Today was the 1st breakout above a lower high on the 60 minute chart in a month. It has been forming […]

Emini 60 minute head and shoulders bottom despite China trade war I will update again at the end of the day. Pre-Open market analysis The Emini has been sideways for 2 weeks. But, it is forming another higher low. On the 60 minute chart, Monday was a higher low major trend reversal after Thursday’s lower […]

Emini micro double bottom but minor trend reversal I will update again at the end of the day. Pre-Open market analysis After Wednesday’s sell climax, yesterday was bull trend day. The bulls see it as a buy signal bar on the daily chart for a double bottom with Monday’s low. Their minimum goal is a […]

Emini outside down day after Tuesday’s inside day I will update again at the end of the day. Pre-Open market analysis Yesterday was a big outside down day after Monday’s big bear breakout. The bears want a break below the May 29 higher low, and then a breakout below the 5 month trading range. The […]

Emini doji inside day buy signal bar and seasonally bullish I will update again at the end of the day. Pre-Open market analysis The Emini formed a small bull doji inside day yesterday after Monday’s bear breakout. This reduces the chance of a big selloff this week. The Emini is back in the May trading […]