Emini buy climax awaiting a catalyst, likely Trump related Updated 6:47 a.m. The Emini gapped to a new all-time high and above the measured move target on the daily chart. However, the 1st bar was a bear doji and traders have been selling new highs for 2 weeks. If the bulls get an early rally, […]

Emini October earnings reports, but buy climax increases risk Updated 6:45 a.m. Today began with a small doji in the middle of yesterday’s range. This reduced the odds of a big trend day and it increases the odds that today will be another mostly trading range day. Additionally, it increases the chances for a trading […]

Trump, North Korea, Iran, Congress, and earnings are catalysts Updated 6:54 a.m. The Emini broke to a new all-time high on the open. However, there was selling above prior highs last week, and that therefore increases the chance of an early reversal down today. There is a measured move target on the daily chart at […]

Emini weekly sell signal bar after bad JPM earnings Updated 6:43 a.m. The Emini gapped above yesterday’s high and to a new all-time high, but sold off on the 1st bar. Since yesterday formed a big wedge bottom, the odds are that there will be at least 2 legs sideways to up today. Therefore, the […]

Emini buy climax waiting for October earnings reports Updated 6:45 a.m. The Emini gapped down below the bull channel. The channel is probably evolving into a trading range. While the bulls tried for an opening reversal up from the 60 minute moving average, the 1st 2 bars were dojis. These are trading range bars. In […]

Emini buy climax going into earning October season Updated 6:48 a.m. The Emini began with a doji at yesterday’s close. This is a continuation of yesterday’s 70 bar tight trading range. The bears want a wedge lower high after yesterday’s initial selloff. They then want a bear break below the wedge bull channel and a […]

Emini bull flag after early October buy climax Updated 6:59 a.m. The Emini gapped up and had 2 strong bull bars. Yet, the 4th bar was a bear bar closing on its low. The bulls got out below the bar, fearful that this could be a failed breakout to a new all-time high. Traders know […]

Emini bulls want follow-through buying after breakout and buy climax Updated 6:53 a.m. The Emini gapped above Friday’s high and therefore triggered a buy signal on the daily chart. However, the gap was small and the next 3 bars were strong bear bars. The Emini is Always in Short, and there is a 50% chance […]

Emini strong buy climax, with bulls expecting tax cuts Updated 6:45 a.m. Today gapped down to the middle of yesterday’s range. This created a Big Up, Big Down pattern with yesterday. In addition, the 1st bar was a doji. Consequently, the bulls have lost a lot of control. This increases the chances for a trading […]

Monthly chart’s parabolic wedge buy climax will soon evolve into trading range Updated 6:54 a.m. The Emini opened at a new high, but began with 2 doji bars. While each of the past 5 days only dipped a little below their opens and then formed strong bull trend days, that is unusual. Therefore it is […]