For Monday October 4, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
Emini has weak buy signal at bottom of 2-month trading range
Trading Update: Monday October 4, 2021 Emini pre-open market analysis Emini daily chart Friday was a big bull reversal bar. It was the 2nd reversal up from below the August trading range. There is now a lower low double bottom with the September 30 low. A 2-month trading range. However, Friday had a big tail […]
Emini 7 consecutive bull bar streak on monthly chart ended in September
Weekend report co-author Andrew A. Market Overview: Weekend Market Analysis The SP500 Emini futures contract ended its 7 consecutive bull bars streak on monthly chart with an outside down bear bar in September. This will probably result in at least a couple months of sideways to down trading, but a pullback and then a new high is […]
Live Trades Series: Scaling In to Avoid Loss
Video duration 13min 21sec. Scaling in to avoid loss Video transcript Introduction Hi Everyone. This is Al Brooks, and this is part of my Live Trades Series. I took a trade today in one of my actual trading accounts, not just a simulated account to illustrate how to manage scaling in to a losing […]
Emini reversal up from 100-day MA on daily chart.
Market Overview: Weekend Market Analysis SP500 Emini reversal up from below the 100-day moving average on the daily chart. The Emini might have to go sideways for a couple of weeks as traders decide if the 100-day moving average support is more important than the 50-day moving average resistance. If the bulls can get consecutive […]
Emini September rally needs to continue to avoid forming a lower high
Trading Update: Thursday September 23, 2021 Emini pre-open market analysis Emini daily chart Big reversal up after big reversal down creates big confusion. That typically results in a trading range. Increased chance of a trading range over the next couple weeks. A trading range usually has at least a double top and a double bottom. […]
Potential big Emini move after today’s September FOMC statement
Trading Update: Wednesday September 22, 2021 Emini pre-open market analysis Emini daily chart Monday gapped down on daily and weekly charts and sold off strongly to far below the weekly bull channel and the 50-day MA. It reversed up from below the 100-day MA, the 4300 Big Round Number, and below the August 19 and […]
SP500 Emini setups
For Monday September 20, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from yesterday. I show each buy entry […]
SP500 Emini setups
For Friday September 17, 2021 Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report. Here are several reasonable stop entry setups from Friday. I show each buy entry […]
Emini consecutive bear bars on weekly chart before FOMC statement
Weekend report co-author Andrew A. Market Overview: Weekend Market Analysis SP500 Emini consecutive bear bars testing several support levels ahead of the FOMC statement report on September 22, which can be a catalyst for a big move in either direction. September or October should be a bear bar on the monthly chart and the start […]
