{"id":235750,"date":"2025-05-02T07:47:38","date_gmt":"2025-05-02T14:47:38","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=235750"},"modified":"2025-05-04T04:04:12","modified_gmt":"2025-05-04T11:04:12","slug":"emini-bull-want-to-reach-6000-round-number","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/emini-bull-want-to-reach-6000-round-number\/","title":{"rendered":"Emini Bull Want to Reach 6,000 Round Number"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Friday May 2, 2025<\/h3>\n\n\n\n<h2 class=\"wp-block-heading\">Emini end of day video review<\/h2>\n\n\n\n<div class=\"wp-block-stackable-video-popup stk-block-video-popup stk-block stk-babf180\" data-video=\"https:\/\/www.youtube.com\/watch?v=UbXplppteIw\" data-block-id=\"babf180\"><div class=\"stk-block-video-popup__overlay stk-row stk-inner-blocks stk-block-content stk-hover-parent\" aria-label=\"Play Video\" tabindex=\"0\" role=\"button\">\n<div class=\"wp-block-stackable-icon stk-block-icon has-text-align-center stk-block stk-7886381\" data-block-id=\"7886381\"><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-7886381\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-7886381-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-7886381-color-2)\"><\/stop><\/linearGradient><\/defs><\/svg><svg data-prefix=\"fas\" data-icon=\"play\" class=\"svg-inline--fa fa-play fa-w-14\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\" aria-hidden=\"true\" width=\"32\" height=\"32\"><path fill=\"currentColor\" d=\"M424.4 214.7L72.4 6.6C43.8-10.3 0 6.1 0 47.9V464c0 37.5 40.7 60.1 72.4 41.3l352-208c31.4-18.5 31.5-64.1 0-82.6z\"><\/path><\/svg><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-stackable-image stk-block-image stk-block stk-d326e1c\" data-block-id=\"d326e1c\"><style>.stk-d326e1c .stk-img-wrapper{width:680px !important;}<\/style><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-179791\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/06\/Brad-Wolff-Emini-EOD-Review-680px.png\" width=\"680\" height=\"382\" alt=\"Brad Wolff Emini EOD Review\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/06\/Brad-Wolff-Emini-EOD-Review-680px.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/06\/Brad-Wolff-Emini-EOD-Review-680px-300x169.png 300w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/span><\/figure><\/div>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">S&amp;P Emini market analysis<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Emini daily chart<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The daily chart is Always In Long and creating a prolonged 2<sup>nd<\/sup> leg up following the April 9<sup>th<\/sup> bull breakout.<\/li>\n\n\n\n<li>The Bulls hope the rally is strong enough to get up to the 6,000 big round number and a measure move up from the April 9th bull breakout bar.<\/li>\n\n\n\n<li>While the rally up from the April 21st low is good for the bulls. It&#8217;s approaching resistance, the midpoint of the March tight trading range. This increases the risk that the daily chart may start going sideways soon.<\/li>\n\n\n\n<li>The bears want to prevent the bulls from getting more consecutive bull bars and instead want to start at a minimum, creating bear bars that close below their midpoints.<\/li>\n\n\n\n<li>The Bears need to do more than they&#8217;ve done here to get a reversal down. Without it, the odds favor buyers below.<\/li>\n\n\n\n<li>The Bulls will see the recent breakout as a bull breakout of the April double top, and they&#8217;re hopeful that we will measure a move from the April range projecting up to the 6200-round number.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Emini 5-minute chart and what to expect today<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Today gapped up, held back to near the moving average on bar 5, and reversed up to the 12 high.<\/li>\n\n\n\n<li>The Bulls hope this starts a small pullback bull trend.<\/li>\n\n\n\n<li>At a minimum, the Bulls need to form open gaps to convince traders that this is the start of a small pullback bull trend.<\/li>\n\n\n\n<li>More likely today will not become a small pullback bull trend, and will have a lot of trading range price action.<\/li>\n\n\n\n<li>The Bears need to increase the selling pressure after the rally up to bar 12.<\/li>\n\n\n\n<li>Bar 12 is a climactic bull bar, increasing the chances that the market will get a pullback lasting a couple of legs.<\/li>\n\n\n\n<li>The Bears need to get down to the moving average relatively soon. That would lower the probability that today will be a trend day lasting all day.<\/li>\n\n\n\n<li>Today is Friday, so weekly support and resistance are important. So far, the weekly chart shows a Bull bar closing near its high. The Bears want to try to get an opening reversal today and form a Bear trend day. This would create a tail on the top of the weekly chart, which would be disappointing for the Bulls after last week&#8217;s outside up bar.<\/li>\n\n\n\n<li>It&#8217;s common on Fridays to get surprise bars late in the day as traders decide on the close of the weekly chart, and therefore, traders must be prepared for anything later in the day.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Yesterday&#8217;s Emini setups<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Trading-Range-Day-and-Then-Late-Bear-Breakout.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"382\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Trading-Range-Day-and-Then-Late-Bear-Breakout-680x382.jpg\" alt=\"SP500 Emini 5-Min Chart Trading Range Day and Then Late Bear Breakout\" class=\"wp-image-235959\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Trading-Range-Day-and-Then-Late-Bear-Breakout-680x382.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Trading-Range-Day-and-Then-Late-Bear-Breakout-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Trading-Range-Day-and-Then-Late-Bear-Breakout-768x431.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Trading-Range-Day-and-Then-Late-Bear-Breakout.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Al created the SP500 Emini charts.<\/em><\/p>\n\n\n\n<p class=\"caption\">Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with a red arrow. Buyers of both the Brooks Trading Course and Encyclopedia of Chart Patterns have access to a near 4-year library of more detailed explanations of swing trade setups (see Online Course\/BTC Daily Setups). Encyclopedia members get current daily charts added to Encyclopedia.<\/p>\n\n\n\n<p class=\"caption\">My goal with these charts is to present an Always In perspective. If a trader was trying to be Always In or nearly Always In a position all day, and he was not currently in the market, these entries would be logical times for him to enter. These therefore are swing entries.<\/p>\n\n\n\n<p class=\"caption\">It is important to understand that most swing setups do not lead to swing trades. As soon as traders are disappointed, many exit. Those who exit prefer to get out with a small profit (scalp), but often have to exit with a small loss.<\/p>\n\n\n\n<p class=\"caption\">If the risk is too big for your account, you should wait for trades with less risk or trade an alternative market like the Micro Emini.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Summary of today&#8217;s S&amp;P Emini price action<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Bear-Trap-and-Then-Bull-Channel.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"382\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Bear-Trap-and-Then-Bull-Channel-680x382.jpg\" alt=\"SP500 Emini 5-Min Chart Bear Trap and Then Bull Channel\" class=\"wp-image-236048\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Bear-Trap-and-Then-Bull-Channel-680x382.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Bear-Trap-and-Then-Bull-Channel-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Bear-Trap-and-Then-Bull-Channel-768x431.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Bear-Trap-and-Then-Bull-Channel.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Al created the SP500 Emini charts.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">EURUSD Forex market analysis<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">EURUSD Forex daily chart<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The EURUSD sold off to the moving average, forming a second leg down after last week&#8217;s bear breakout and follow-through.<\/li>\n\n\n\n<li>While this is good for the Bears, it&#8217;s not enough. The odds still favor a trading range and not the start of a strong Bear sell-off.<\/li>\n\n\n\n<li>At a minimum, the Bears need to get close to the moving average to demonstrate that the Bears are gaining control.<\/li>\n\n\n\n<li>Without it, the odds will favor a trading range, meaning the market could rally back to the high of April.<\/li>\n\n\n\n<li>The Bulls are trying to undo the selling recently and form a bull reversal bar today at the moving average. However, the problem with the reversal is it&#8217;s above the April 2nd breakout point high. The odds are this breakout point will close, and therefore, we&#8217;ll probably have to pull back a little bit lower at some point soon.<\/li>\n<\/ul>\n\n\n\n<p><em>See the <a rel=\"noreferrer noopener\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">weekly update<\/a> for a discussion of the price action on the weekly chart and for what to expect going into next week.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Trading Room<\/h2>\n\n\n\n<p>Al Brooks and other presenters talk about the detailed Emini price action real-time each day in the Brooks Price Action <a href=\"https:\/\/www.brookstradingcourse.com\/online-day-trading-room\/\" target=\"_blank\" rel=\"noreferrer noopener\">trading room<\/a>. We offer a <a href=\"http:\/\/www.brookspriceaction.com\/portal.php?page=11\" target=\"_blank\" rel=\"noreferrer noopener\">2 day free trial<\/a>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Charts use Pacific Time<\/h3>\n\n\n\n<p>When times are mentioned, it is USA Pacific Time. The Emini day session charts begin at 6:30 am PT and end at 1:15 pm PT which is 15 minutes after the NYSE closes. You can read background information on the market reports on the <a href=\"https:\/\/www.brookstradingcourse.com\/blog\/market-update\/\" target=\"_blank\" rel=\"noreferrer noopener\">Market Update<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trading Update: Friday May 2, 2025 Emini end of day video review S&amp;P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday&#8217;s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and [&hellip;]<\/p>\n","protected":false},"author":5460,"featured_media":235959,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[153,136,241],"tags":[1348,281,60],"class_list":{"0":"post-235750","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-update","8":"category-analysis","9":"category-video","10":"tag-big-round-number","11":"tag-eurusd-forex","12":"tag-sp-emini","13":"entry","14":"override","15":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/SP500-Emini-5-Min-Chart-Trading-Range-Day-and-Then-Late-Bear-Breakout.jpg","author_info":{"display_name":"Brad","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/brad-wolff\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/235750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/5460"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=235750"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/235750\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/235959"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=235750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=235750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=235750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}