The Weekly<\/em> S&P 500 Emini chart<\/h3>\n\n\n\n![\"Emini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-Weekly-Persistent-Buying-Bulls-Need-FT-Buying-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- This\u00a0week\u2019s Emini candlestick\u00a0<\/a>was a bull bar closing near its high.<\/li>\n\n\n\n
- Last week<\/a>, we stated the market remains in the sideways to up phase. Traders would see if the bulls could create follow-through buying above the December 6 high, or if the market would stall and form a pullback in the weeks ahead instead.<\/li>\n\n\n\n
- The market traded higher, breaking above the 3-week small trading range.<\/li>\n\n\n\n
- The bulls have a breakout and follow-through buying above the December 6 high. They want a resumption of the bull trend.<\/li>\n\n\n\n
- They want another strong leg up from a double bottom bull flag (May 23 and Jun 23).<\/li>\n\n\n\n
- They want a Leg 1 = Leg 2 move, which will take the market to the 6800 area (Leg 1 being the Apr 21 low to the May 19 high).<\/li>\n\n\n\n
- They must create sustained follow-through buying to increase the odds of a measured move.<\/li>\n\n\n\n
- The bears want a reversal from a higher high major trend reversal.<\/li>\n\n\n\n
- They want a failed breakout above the prior all-time high (Dec 6).<\/li>\n\n\n\n
- They hope the recent 3-week trading range will be the final flag of the move.<\/li>\n\n\n\n
- They must create strong consecutive bear bars to show they are back in control. So far, they haven\u2019t been able to do so since the April low.<\/li>\n\n\n\n
- So far, the move up since the April 21 low is in a tight bull channel, indicating strong bullish momentum.<\/li>\n\n\n\n
- The buying pressure is stronger (strong consecutive bull bars closing near their highs) than the weaker selling pressure (bear bars with limited follow-through selling).<\/li>\n\n\n\n
- The market could still trade at least a little higher.<\/li>\n\n\n\n
- Since this week was a bull bar closing near its high, the market could gap up next week. Small gaps usually close early.<\/li>\n\n\n\n
- The market is Always In Long.<\/li>\n\n\n\n
- Traders will see if the bulls can develop more follow-through buying above the December 6 high.<\/li>\n\n\n\n
- Or will the market trade slightly higher but close with long tails or bear bodies in the weeks ahead instead?<\/li>\n\n\n\n
- For now, the market remains in the sideways to up phase.<\/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\/07\/Emini-Daily-Persistent-Buying-Bulls-Need-FT-Buying-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The market traded sideways early in the week. The market then broke above the small trading range from midweek onwards with follow-through buying.<\/li>\n\n\n\n
- Last week<\/a>, we stated the market remains in the sideways to up phase. Traders would see if the bulls could create follow-through buying above the December 6 high, or if the market would stall around the December 6 high area, followed by a pullback in the weeks ahead.<\/li>\n\n\n\n
- The bulls want the broad bull channel to continue and a measured move (a Leg 1 = Leg 2 move will take the market to the 6800 area – leg 1 being the Apr 21 low to the May 19 high).<\/li>\n\n\n\n
- They want the third leg up to form the large wedge pattern with the first two legs being May 19 and July 3 highs.<\/li>\n\n\n\n
- They must create sustained follow-through buying to increase the odds of a measured move.<\/li>\n\n\n\n
- If there is a pullback, they want the 20-day EMA to act as support.<\/li>\n\n\n\n
- The bears want a reversal from a wedge pattern (May 19, Jul 3, and Jul 25).<\/li>\n\n\n\n
- They hope the recent sideways trading range will be the final flag of the move.<\/li>\n\n\n\n
- If the market trades higher, especially if it is climactic (almost vertical with no overlapping candlesticks), they hope to get a reversal from a buy climax.<\/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 20-day EMA to increase the odds of a deeper pullback.<\/li>\n\n\n\n
- The move from the April 21 low is in a tight bull channel, indicating strong bullish momentum.<\/li>\n\n\n\n
- The buying pressure remains stronger (consecutive bull bars) compared to the weaker selling pressure (bear bars with limited follow-through selling).<\/li>\n\n\n\n
- The market could still trade at least a little higher.<\/li>\n\n\n\n
- The market is Always In Long.<\/li>\n\n\n\n
- For now, traders will see if the bulls can create more follow-through buying following this week\u2019s breakout above the small trading range.<\/li>\n\n\n\n
- Or will the market trade slightly higher, but stall and form a pullback 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
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n
- \n
- This\u00a0week\u2019s Emini candlestick\u00a0<\/a>was a bull bar closing near its high.<\/li>\n\n\n\n
- Last week<\/a>, we stated the market remains in the sideways to up phase. Traders would see if the bulls could create follow-through buying above the December 6 high, or if the market would stall and form a pullback in the weeks ahead instead.<\/li>\n\n\n\n
- The market traded higher, breaking above the 3-week small trading range.<\/li>\n\n\n\n
- The bulls have a breakout and follow-through buying above the December 6 high. They want a resumption of the bull trend.<\/li>\n\n\n\n
- They want another strong leg up from a double bottom bull flag (May 23 and Jun 23).<\/li>\n\n\n\n
- They want a Leg 1 = Leg 2 move, which will take the market to the 6800 area (Leg 1 being the Apr 21 low to the May 19 high).<\/li>\n\n\n\n
- They must create sustained follow-through buying to increase the odds of a measured move.<\/li>\n\n\n\n
- The bears want a reversal from a higher high major trend reversal.<\/li>\n\n\n\n
- They want a failed breakout above the prior all-time high (Dec 6).<\/li>\n\n\n\n
- They hope the recent 3-week trading range will be the final flag of the move.<\/li>\n\n\n\n
- They must create strong consecutive bear bars to show they are back in control. So far, they haven\u2019t been able to do so since the April low.<\/li>\n\n\n\n
- So far, the move up since the April 21 low is in a tight bull channel, indicating strong bullish momentum.<\/li>\n\n\n\n
- The buying pressure is stronger (strong consecutive bull bars closing near their highs) than the weaker selling pressure (bear bars with limited follow-through selling).<\/li>\n\n\n\n
- The market could still trade at least a little higher.<\/li>\n\n\n\n
- Since this week was a bull bar closing near its high, the market could gap up next week. Small gaps usually close early.<\/li>\n\n\n\n
- The market is Always In Long.<\/li>\n\n\n\n
- Traders will see if the bulls can develop more follow-through buying above the December 6 high.<\/li>\n\n\n\n
- Or will the market trade slightly higher but close with long tails or bear bodies in the weeks ahead instead?<\/li>\n\n\n\n
- For now, the market remains in the sideways to up phase.<\/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 sideways early in the week. The market then broke above the small trading range from midweek onwards with follow-through buying.<\/li>\n\n\n\n
- Last week<\/a>, we stated the market remains in the sideways to up phase. Traders would see if the bulls could create follow-through buying above the December 6 high, or if the market would stall around the December 6 high area, followed by a pullback in the weeks ahead.<\/li>\n\n\n\n
- The bulls want the broad bull channel to continue and a measured move (a Leg 1 = Leg 2 move will take the market to the 6800 area – leg 1 being the Apr 21 low to the May 19 high).<\/li>\n\n\n\n
- They want the third leg up to form the large wedge pattern with the first two legs being May 19 and July 3 highs.<\/li>\n\n\n\n
- They must create sustained follow-through buying to increase the odds of a measured move.<\/li>\n\n\n\n
- If there is a pullback, they want the 20-day EMA to act as support.<\/li>\n\n\n\n
- The bears want a reversal from a wedge pattern (May 19, Jul 3, and Jul 25).<\/li>\n\n\n\n
- They hope the recent sideways trading range will be the final flag of the move.<\/li>\n\n\n\n
- If the market trades higher, especially if it is climactic (almost vertical with no overlapping candlesticks), they hope to get a reversal from a buy climax.<\/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 20-day EMA to increase the odds of a deeper pullback.<\/li>\n\n\n\n
- The move from the April 21 low is in a tight bull channel, indicating strong bullish momentum.<\/li>\n\n\n\n
- The buying pressure remains stronger (consecutive bull bars) compared to the weaker selling pressure (bear bars with limited follow-through selling).<\/li>\n\n\n\n
- The market could still trade at least a little higher.<\/li>\n\n\n\n
- The market is Always In Long.<\/li>\n\n\n\n
- For now, traders will see if the bulls can create more follow-through buying following this week\u2019s breakout above the small trading range.<\/li>\n\n\n\n
- Or will the market trade slightly higher, but stall and form a pullback 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 stated the market remains in the sideways to up phase. Traders would see if the bulls could create follow-through buying above the December 6 high, or if the market would stall and form a pullback in the weeks ahead instead.<\/li>\n\n\n\n