Emini exhaustion gap and possible buy climax island top Updated 6:46 a.m. Despite Friday’s strong bull close, the Emini reversed down after testing Friday’s high. Since Friday’s rally was strong, this is probably a Big Up, Big Down, Big Confusion open. Hence, the Emini will probably go sideways around a 50% pullback from Friday’s rally. […]

Trump rally stalling before possible FOMC March rate hike Updated 6:55 a.m. The Emini gapped down and created a 3 day island top. Yet, it immediately rallied above yesterday’s low and closed the gap. While there were consecutive bull bars, which made the Emini Always In Long, the bars were not especially big. Furthermore, the […]

Trump rally is exhaustive buy climax at measured move targets Updated 6:45 a.m. While the Emini gapped up to a new all-time high, it sold off on the 1st 2 bars. Since this is a 3rd push up on the 60 minute chart, it is a wedge top. Yet, there is still room to the […]

Emini Trump rally buy climax testing 2400 Updated 6:47 a.m. While the Emini continued yesterday’s selloff on the open, limit orders bulls made money. Since yesterday was a trading range day, the odds are that today will find support near yesterday’s low. Furthermore, the bull trend of the past 2 weeks will probably transition into […]

Emini ii final bull flag before pullback Updated 6:49 a.m. The Emini gapped up on the weekly chart. In addition, it is in a parabolic buy climax on the daily chart. The odds are that the breakout will lead to a trading range this week. The day began with a trend from the open bull […]

Emini bull flag, but buy climax at 2350 resistance Updated 6:46 a.m. The Emini finally pulled back to the 60 minute moving average. The bulls wanted an Opening Reversal up from that average, but were unable to create strong buy signal bars. The bears want the second leg down, after yesterday’s strong selloff, to fall […]

Emini stock market parabolic buy climax near 2350 resistance Updated 6:50 a.m. The Emini began with small sideways bars. Hence, it tetsed yesterday’s high. The odds are that there will be at least 2 hours of sideways to down trading. Furthermore, there is better than a 50% chance that today will have a bear body […]

Emini all time high breakout is testing 2375 measured move target Updated 6:53 a.m. The gap down on the open created a Big Up, Big Down pattern with yesterday’s close. It therefore created confusion and it increased the odds of a trading range for the 1st hour or two. The bulls want to test yesterday’s […]

Emini strong all time high breakout but buy climax Updated 6:48 a.m. The Emini opened with a doji bar between yesterday’s 2 trading ranges. It reversed down and then up. In addition, bull and bear scalpers made money in the 1st few bars. These factors increase the chances that today will stay mostly within yesterday’s […]

Emini wedge top so stock market 5% correction soon Updated 6:52 a.m. The Emini gapped up and rallied in a trend from the open bull trend. Yet, it is at the top of a channel on the daily chart. This rally is therefore more likely a buy vacuum test of resistance than the start of […]