Trading Update: Friday February 4, 2022 Emini pre-open market analysis Emini daily chart I have been saying that there should be a pullback for 1 to 3 days since the rally has reached a sell zone. Emini V-bottom rally stalling. That zone is the middle of the 6-month trading range at around a 50% retracement […]
Emini 2022 V-bottom rally might stall soon
Trading Update: Wednesday February 2, 2022 Emini pre-open market analysis Emini daily chart The Emini reversed up strongly last week from below the October low, which was the bottom of the 6-month trading range. But the V-bottom rally might stall soon. The January selloff was also a test of the 200-day MA and the bottom […]
Emini bulls want May V-bottom pattern
Emini and Forex Trading Update:Monday May 17, 2021 Pre-Open market analysis of daily chart Strong 2-day reversal up from sell climax, to below bottom of 4-week trading range. 3-day island bottom. Bulls looking for May V-bottom pattern. Bulls want May V-bottom, and for rally to continue up to new high. After 2 strong bull days, […]