{"id":245876,"date":"2025-07-29T08:24:19","date_gmt":"2025-07-29T15:24:19","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=245876"},"modified":"2025-07-30T00:30:56","modified_gmt":"2025-07-30T07:30:56","slug":"emini-bear-ending-bull-micro-channel-streak","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/emini-bear-ending-bull-micro-channel-streak\/","title":{"rendered":"Emini Bear Ending Bull Micro Channel Streak"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Tuesday July 29, 2025<\/h3>\n\n\n\n<h2 class=\"wp-block-heading\">E-mini end of day video review<\/h2>\n\n\n\n<div class=\"wp-block-stackable-video-popup stk-block-video-popup stk-block stk-1bc2c3e\" data-video=\"https:\/\/www.youtube.com\/watch?v=YJWTy01KYlU\" data-block-id=\"1bc2c3e\"><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-cc64423\" data-block-id=\"cc64423\"><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-cc64423\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-cc-64423-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-cc-64423-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-9f2a373\" data-block-id=\"9f2a373\"><style>.stk-9f2a373 .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 E-mini market analysis<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">E-mini daily chart<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Emini is continuing to climb higher on the daily chart, forming a prolonged micro-channel far from the daily moving average.<\/li>\n\n\n\n<li>The bulls are continuing to show their strength by keeping the market in the micro channel.<\/li>\n\n\n\n<li>However, as I&#8217;ve been saying for the past several days, the market is getting climactic, and therefore, the risk is getting big for the bulls.<\/li>\n\n\n\n<li>Today has an increased risk of going outside down and ending the micro channel on the daily chart.<\/li>\n\n\n\n<li>The bulls who are buying are momentum bulls, they&#8217;re not buying because the market is cheap. They&#8217;re buying because they believe that the next tick is going to go higher.<\/li>\n\n\n\n<li>Once momentum bulls detect hesitation and loss of momentum, they will be quick to sell out of their longs, which could lead to a sell-off and test of the moving average.<\/li>\n\n\n\n<li>It&#8217;s reasonable for the Bulls to exit below any bar closing on its low. Therefore, if today is a decent bear bar, it&#8217;ll probably get at least a small second leg down.<\/li>\n\n\n\n<li>The odds favor a test of the moving average on the daily chart, which means the upside is probably limited.<\/li>\n\n\n\n<li>Because the market is in a bull channel and channels convert into trading ranges, the odds favor a test down to the most recent major higher low, which is the July 16<sup>th<\/sup> high.<\/li>\n\n\n\n<li>Well, the odds favor a test down. The odds of the Bears getting a strong major reversal are low without first forming a major trend reversal. This means that realistically, the best the Bears can expect is a trading range in sideways on the daily chart.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">E-mini 5-minute chart and what to expect today<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Emini gapped up today. on the open, it formed a bear breakout on bars 3 and 4.<\/li>\n\n\n\n<li>This increases the odds of a second leg down, which the Bears got on the sell-off down to bar 17.<\/li>\n\n\n\n<li>As a bear 17, the market is always in short and is likely to test down to yesterday&#8217;s low, ending the bull micro channel streak on the daily chart.<\/li>\n\n\n\n<li>The channel down to the bar 21 is tight, and therefore the odds are the first reversal up will be minor.<\/li>\n\n\n\n<li>Overall, the sell-off down to bar 21 is creating a strong breakout on the 15-minute chart. Therefore, the odds favor a second leg down in a test of yesterday&#8217;s low.<\/li>\n\n\n\n<li>The Bulls need to first make the market go sideways for several bars and stabilize, then they&#8217;ll have a chance at a reversal. Without this, the odds favor lower prices.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Yesterday&#8217;s E-mini setups<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"382\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-5-Min-Opening-Trading-Range-Then-Bear-Channel-EOD-Profit-Taking-680x382.jpg\" alt=\"Emini 5-Min Opening Trading Range Then Bear Channel EOD Profit Taking\" class=\"wp-image-245936\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-5-Min-Opening-Trading-Range-Then-Bear-Channel-EOD-Profit-Taking-680x382.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-5-Min-Opening-Trading-Range-Then-Bear-Channel-EOD-Profit-Taking-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-5-Min-Opening-Trading-Range-Then-Bear-Channel-EOD-Profit-Taking-768x431.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-5-Min-Opening-Trading-Range-Then-Bear-Channel-EOD-Profit-Taking.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/figure>\n\n\n\n<p><em><em>Richard<\/em> created the SP500 E-mini charts &#8211; Al travelling.<\/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 E-mini.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Summary of today&#8217;s S&amp;P E-mini price action<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-5-Min-Bear-Trend-From-Open-Sell-Climax-Then-Trading-Range.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"382\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-5-Min-Bear-Trend-From-Open-Sell-Climax-Then-Trading-Range-680x382.jpg\" alt=\"Emini 5-Min Bear Trend From Open Sell Climax Then Trading Range\" class=\"wp-image-246062\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-5-Min-Bear-Trend-From-Open-Sell-Climax-Then-Trading-Range-680x382.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-5-Min-Bear-Trend-From-Open-Sell-Climax-Then-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-5-Min-Bear-Trend-From-Open-Sell-Climax-Then-Trading-Range-768x431.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-5-Min-Bear-Trend-From-Open-Sell-Climax-Then-Trading-Range.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em><em>Richard<\/em> created the SP500 E-mini charts &#8211; Al travelling.<\/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 formed a strong bear breakout yesterday, closing below the moving average.<\/li>\n\n\n\n<li>Yesterday&#8217;s breakout was enough of a surprise that the odds favor at least a small second leg down.<\/li>\n\n\n\n<li>The bears are trying to get follow-through selling after yesterday&#8217;s bear breakout today.<\/li>\n\n\n\n<li>The more that today closes on its low and looks like yesterday&#8217;s bar, the higher the probability that the bears will get a second leg and possibly a measured move down.<\/li>\n\n\n\n<li>The bears are hopeful that the sell-off from the July 24th high is a credible lower high, major trend reversal.<\/li>\n\n\n\n<li>Currently, the market is Always In Short, and the odds favor a second leg down.<\/li>\n\n\n\n<li>Traders are paying close attention to see what kind of follow-through the bears can get today. The bigger the follow-through bar, the more likely the market is to go lower.<\/li>\n\n\n\n<li>Even if today forms a bull bar, the odds are against the bulls immediately getting a reversal up without the bears getting at least some kind of second leg down.<\/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 E-mini 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 2 day free trial.<\/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 E-mini 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","protected":false},"excerpt":{"rendered":"<p>Trading Update: Tuesday July 29, 2025 E-mini end of day video review S&amp;P E-mini market analysis E-mini daily chart E-mini 5-minute chart and what to expect today Yesterday&#8217;s E-mini setups Richard created the SP500 E-mini charts &#8211; Al travelling. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a [&hellip;]<\/p>\n","protected":false},"author":5460,"featured_media":245936,"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],"tags":[281,347,60],"class_list":{"0":"post-245876","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-update","8":"category-analysis","9":"tag-eurusd-forex","10":"tag-micro-channel","11":"tag-sp-emini","12":"entry","13":"override","14":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Emini-5-Min-Opening-Trading-Range-Then-Bear-Channel-EOD-Profit-Taking.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\/245876","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=245876"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/245876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/245936"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=245876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=245876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=245876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}