The Weekly<\/em> S&P 500 Emini chart<\/h3>\n\n\n\n![\"Emini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/Emini-Weekly-Bulls-Need-Follow-through-Buying-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- This\u00a0week\u2019s\u00a0Emini candlestick\u00a0<\/a>was a bull bar closing near its high with a small tail above.<\/li>\n\n\n\n
- Last week<\/a>, we said the market formed an ioi (inside-outside-inside) pattern and is in breakout mode. The bulls want a breakout above, while the bears want a breakout below the ioi pattern.<\/li>\n\n\n\n
- The bull got a breakout above the ioi pattern.<\/li>\n\n\n\n
- They see the selloff (Apr 7) forming a major higher low and the market is in a broad bull channel.<\/li>\n\n\n\n
- They hope that the strong selloff has alleviated the prior overbought condition. They want a resumption of the trend.<\/li>\n\n\n\n
- They hope the market has flipped into Always In Long.<\/li>\n\n\n\n
- They want a retest and breakout above the all-time high (Dec 6).<\/li>\n\n\n\n
- They need to create a follow-through bull bar following this week\u2019s breakout above the ioi pattern to increase the odds of another strong leg up.<\/li>\n\n\n\n
- The bears see the current move as a retest of the prior trend’s extreme high (Dec 6).<\/li>\n\n\n\n
- They want the market to form a lower high major trend reversal or a double top with the December 6 high.<\/li>\n\n\n\n
- They must create strong bear bars trading below the 20-week EMA and the bull trend line to show they are back in control.<\/li>\n\n\n\n
- So far, the buying pressure since the April 7 low has been stronger (strong bull bars closing near their highs) than the weaker selling pressure (bear bar with limited follow-through selling).<\/li>\n\n\n\n
- The market likely has flipped into Always In Long.<\/li>\n\n\n\n
- The market could still trade slightly higher.<\/li>\n\n\n\n
- Traders will see if the bulls can create follow-through buying next week.<\/li>\n\n\n\n
- Or will the market trade slightly higher but stall, forming candlesticks with long tails above or with bear bodies in the weeks ahead?<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> S&P 500 Emini chart<\/h3>\n\n\n\n![\"Emini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/Emini-Daily-Bears-Want-TBTL-PB-Bulls-Need-FT-Buying-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The market traded higher in the first half of the week. Thursday was an outside bear bar, but there was no follow-through selling. The market gapped up on Friday.<\/li>\n\n\n\n
- Previously<\/a>, we said the odds favor any pullback to be minor and traders expect at least a small sideways to up leg to retest the prior leg high (May 19) after the pullback.<\/li>\n\n\n\n
- The market formed a pullback to the 20-day EMA followed by a retest of the May 19 high this week.<\/li>\n\n\n\n
- The bulls got a strong reversal in a tight bull channel.<\/li>\n\n\n\n
- They see the selloff forming a major higher low (Apr 7) and want the broad bull channel to continue.<\/li>\n\n\n\n
- They hope the selloff has alleviated the prior overbought condition and that the market has flipped into Always In Long.<\/li>\n\n\n\n
- They want a retest of the all-time high followed by a breakout above.<\/li>\n\n\n\n
- If the market trades lower, they want the May 23 low or the 20- or 200-day EMA to act as support.<\/li>\n\n\n\n
- The bears see the current move as a retest of the prior trend extreme high (Dec 6).<\/li>\n\n\n\n
- They want the market to form a lower high major trend reversal and a double top.<\/li>\n\n\n\n
- They see a wedge forming in the current leg up (May 2, May 19, and Jun 6).<\/li>\n\n\n\n
- They want a TBTL (Ten Bars, Two Legs) pullback lasting a few weeks.<\/li>\n\n\n\n
- They must create consecutive bear bars closing near their lows trading far below the 200-day EMA to show they are back in control.<\/li>\n\n\n\n
- The move from the April 21 low is in a tight bull channel which means strong bulls.<\/li>\n\n\n\n
- The market likely has flipped into Always In Long.<\/li>\n\n\n\n
- The move has lasted a long time and is slightly climactic. A minor pullback could form within the next few weeks.<\/li>\n\n\n\n
- If a pullback forms, traders will see the strength of the move. If it remains shallow and weak and holds around the 20-day EMA or the 200-day EMA, the odds of another leg up will increase.<\/li>\n\n\n\n
- For now, traders will see if the bulls can create more follow-through buying.<\/li>\n\n\n\n
- Or will the market stall and form a TBTL (Ten Bars, Two Legs) pullback within the next few weeks instead?<\/li>\n<\/ul>\n\n\n\n
Trading room<\/h2>\n\n\n\n
Al Brooks and other presenters talk about the detailed Emini price action real-time each day in the BrooksPriceAction.com trading room<\/a>. We offer a 2 day free trial<\/a>.<\/p>\n\n\n\n
\n\n\n\nMarket analysis reports archive<\/h3>\n\n\n\n
![\"Emini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/Emini-Weekly-Bulls-Need-Follow-through-Buying.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n
- \n
- This\u00a0week\u2019s\u00a0Emini candlestick\u00a0<\/a>was a bull bar closing near its high with a small tail above.<\/li>\n\n\n\n
- Last week<\/a>, we said the market formed an ioi (inside-outside-inside) pattern and is in breakout mode. The bulls want a breakout above, while the bears want a breakout below the ioi pattern.<\/li>\n\n\n\n
- The bull got a breakout above the ioi pattern.<\/li>\n\n\n\n
- They see the selloff (Apr 7) forming a major higher low and the market is in a broad bull channel.<\/li>\n\n\n\n
- They hope that the strong selloff has alleviated the prior overbought condition. They want a resumption of the trend.<\/li>\n\n\n\n
- They hope the market has flipped into Always In Long.<\/li>\n\n\n\n
- They want a retest and breakout above the all-time high (Dec 6).<\/li>\n\n\n\n
- They need to create a follow-through bull bar following this week\u2019s breakout above the ioi pattern to increase the odds of another strong leg up.<\/li>\n\n\n\n
- The bears see the current move as a retest of the prior trend’s extreme high (Dec 6).<\/li>\n\n\n\n
- They want the market to form a lower high major trend reversal or a double top with the December 6 high.<\/li>\n\n\n\n
- They must create strong bear bars trading below the 20-week EMA and the bull trend line to show they are back in control.<\/li>\n\n\n\n
- So far, the buying pressure since the April 7 low has been stronger (strong bull bars closing near their highs) than the weaker selling pressure (bear bar with limited follow-through selling).<\/li>\n\n\n\n
- The market likely has flipped into Always In Long.<\/li>\n\n\n\n
- The market could still trade slightly higher.<\/li>\n\n\n\n
- Traders will see if the bulls can create follow-through buying next week.<\/li>\n\n\n\n
- Or will the market trade slightly higher but stall, forming candlesticks with long tails above or with bear bodies in the weeks ahead?<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> S&P 500 Emini chart<\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n- \n
- The market traded higher in the first half of the week. Thursday was an outside bear bar, but there was no follow-through selling. The market gapped up on Friday.<\/li>\n\n\n\n
- Previously<\/a>, we said the odds favor any pullback to be minor and traders expect at least a small sideways to up leg to retest the prior leg high (May 19) after the pullback.<\/li>\n\n\n\n
- The market formed a pullback to the 20-day EMA followed by a retest of the May 19 high this week.<\/li>\n\n\n\n
- The bulls got a strong reversal in a tight bull channel.<\/li>\n\n\n\n
- They see the selloff forming a major higher low (Apr 7) and want the broad bull channel to continue.<\/li>\n\n\n\n
- They hope the selloff has alleviated the prior overbought condition and that the market has flipped into Always In Long.<\/li>\n\n\n\n
- They want a retest of the all-time high followed by a breakout above.<\/li>\n\n\n\n
- If the market trades lower, they want the May 23 low or the 20- or 200-day EMA to act as support.<\/li>\n\n\n\n
- The bears see the current move as a retest of the prior trend extreme high (Dec 6).<\/li>\n\n\n\n
- They want the market to form a lower high major trend reversal and a double top.<\/li>\n\n\n\n
- They see a wedge forming in the current leg up (May 2, May 19, and Jun 6).<\/li>\n\n\n\n
- They want a TBTL (Ten Bars, Two Legs) pullback lasting a few weeks.<\/li>\n\n\n\n
- They must create consecutive bear bars closing near their lows trading far below the 200-day EMA to show they are back in control.<\/li>\n\n\n\n
- The move from the April 21 low is in a tight bull channel which means strong bulls.<\/li>\n\n\n\n
- The market likely has flipped into Always In Long.<\/li>\n\n\n\n
- The move has lasted a long time and is slightly climactic. A minor pullback could form within the next few weeks.<\/li>\n\n\n\n
- If a pullback forms, traders will see the strength of the move. If it remains shallow and weak and holds around the 20-day EMA or the 200-day EMA, the odds of another leg up will increase.<\/li>\n\n\n\n
- For now, traders will see if the bulls can create more follow-through buying.<\/li>\n\n\n\n
- Or will the market stall and form a TBTL (Ten Bars, Two Legs) pullback within the next few weeks instead?<\/li>\n<\/ul>\n\n\n\n
Trading room<\/h2>\n\n\n\n
Al Brooks and other presenters talk about the detailed Emini price action real-time each day in the BrooksPriceAction.com trading room<\/a>. We offer a 2 day free trial<\/a>.<\/p>\n\n\n\n
\n\n\n\nMarket analysis reports archive<\/h3>\n\n\n\n
- Last week<\/a>, we said the market formed an ioi (inside-outside-inside) pattern and is in breakout mode. The bulls want a breakout above, while the bears want a breakout below the ioi pattern.<\/li>\n\n\n\n