S&P500 E-mini futures<\/h2>\n\n\n\nThe Weekly<\/em> S&P 500 E-mini chart<\/h3>\n\n\n\n![\"E-mini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/E-mini-Weekly-Wedge-Embedded-Wedge-No-FT-Selling-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- This week\u2019s E-mini candlestick was an outside bull bar closing in its upper half with a prominent tail above.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would see if the bears could create strong bear bars with follow-through selling to start the pullback phase, or if the market would continue to trade higher, lacking follow-through selling strength, as has been the case since the April low.<\/li>\n\n\n\n
- The market gapped down but lacked follow-through selling, reversing to make a new all-time high. The prominent tail above the candlestick indicates some profit-taking.<\/li>\n\n\n\n
- The bulls view the recent moves (Aug 1, Aug 20, and Sep 2) as pullbacks and want a resumption of the bull trend.<\/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 want another strong leg up from a wedge bull flag (Aug 1, Aug 20, and Sept 2) or a double bottom bull flag (Aug 1 and Sep 2).<\/li>\n\n\n\n
- They must create a strong breakout with follow-through buying above the September 5 high to increase the odds of a measured move.<\/li>\n\n\n\n
- If the market trades lower, they want the 20-week EMA or August 1 low to act as support.<\/li>\n\n\n\n
- The bears want a reversal from a higher high major trend reversal and a wedge pattern (May 19, Jul 3, and Sep 5).<\/li>\n\n\n\n
- They see the current leg forming an embedded wedge (Jul 31, Aug 31, and Sep 5).<\/li>\n\n\n\n
- They want a TBTL (Ten Bars, Two Legs) pullback lasting a few weeks.<\/li>\n\n\n\n
- They hope that the recent sideways trading range (starting early July) will be the final flag of the move.<\/li>\n\n\n\n
- The problem with the bear\u2019s case is that they could not create sustained follow-through selling on the weekly chart since the April 7 low.<\/li>\n\n\n\n
- They must create consecutive bear bars closing near their lows to show they are back in control.<\/li>\n\n\n\n
- 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 (bull bars with follow-through buying) compared to weaker selling pressure (bear bars with no follow-through selling).<\/li>\n\n\n\n
- The market has been stalling around the 6500 level for the last 4 weeks.<\/li>\n\n\n\n
- The move is slightly climactic and overbought. The wedge and embedded wedge increase the odds of a minor pullback.<\/li>\n\n\n\n
- The bears need to do more by creating strong consecutive bear bars to show they are back in control. Without that, traders will not be willing to sell aggressively.<\/li>\n\n\n\n
- The candlestick after an outside bar can sometimes be an inside bar, forming an ioi (inside-outside-inside) breakout mode pattern.<\/li>\n\n\n\n
- For now, traders will see if the bulls can create more follow-through buying and make new highs.<\/li>\n\n\n\n
- Or will the market continue to stall around the 6500 area instead? If this situation persists, we may see some selling pressure return after that.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> S&P 500 E-mini chart<\/h3>\n\n\n\n![\"E-mini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/E-mini-Daily-Embedded-Wedge-Still-No-FT-Selling-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The market gapped down on Tuesday but lacked follow-through selling and traded higher. Friday gapped up, making a new all-time high, but reversed into an outside bear bar.<\/li>\n\n\n\n
- Previously<\/a>, we said traders would see if the bulls could create more follow-through buying, breaking above the August 13 high, or if the market would stall and form another pullback, trading below the 20-day EMA instead.<\/li>\n\n\n\n
- So far, the market is trading sideways around the August 13 high area and is also holding above the 20-day EMA.<\/li>\n\n\n\n
- The bulls want 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 sideways to up to form the larger wedge pattern with the first two legs being May 19 and July 31 highs. So far, the third leg up is forming an embedded wedge (Aug 13, Aug 28, and Sep 5).<\/li>\n\n\n\n
- They see the recent moves as pullbacks forming a wedge bull flag (Aug 1, Aug 20, and Sep 2).<\/li>\n\n\n\n
- They must create consecutive bull bars closing near their highs to increase the odds of another leg up.<\/li>\n\n\n\n
- They want the 20-day EMA or the bull trend line to act as support.<\/li>\n\n\n\n
- The bears want a reversal from a large wedge pattern (May 19, Jul 31, and Sep 5) and an embedded wedge (Aug 13, Aug 28, and Sep 5).<\/li>\n\n\n\n
- They see a weaker (mostly sideways with overlapping ranges) third leg up (starting from the Aug 1 low), lacking the momentum from the earlier two legs (May 19 and Jul 31).<\/li>\n\n\n\n
- They must create consecutive bear bars closing near their lows, trading far below the 20-day EMA and the bull trend line, indicating they are back in control.<\/li>\n\n\n\n
- The move from the April 21 low is in a tight bull channel, indicating strong bulls.<\/li>\n\n\n\n
- The buying pressure remains slightly stronger (consecutive bull bars, tight bull channels) compared to the weaker selling pressure (weak and sideways pullbacks with limited follow-through selling).<\/li>\n\n\n\n
- The wedge (May 19, Jul 31, and Sep 5) and embedded wedge (Aug 13, Aug 28, and Sep 5) increase the odds of a minor pullback lasting a few weeks.<\/li>\n\n\n\n
- The bears need to create strong consecutive bear bars to show they are back in control. Without that, traders will not be willing to sell aggressively.<\/li>\n\n\n\n
- For now, traders will see if the bulls can create more follow-through buying and another strong leg up.<\/li>\n\n\n\n
- Or will the market continue to stall around the 6500 area instead? If this remains the case persistently, the odds of a pullback will increase in the weeks ahead.<\/li>\n<\/ul>\n\n\n\n
Trading room<\/h2>\n\n\n\n
Al Brooks and other presenters talk about the detailed E-mini price action real-time each day in the Brooks Trading Course 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
![\"E-mini](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/E-mini-Weekly-Wedge-Embedded-Wedge-No-FT-Selling.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n
- \n
- This week\u2019s E-mini candlestick was an outside bull bar closing in its upper half with a prominent tail above.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would see if the bears could create strong bear bars with follow-through selling to start the pullback phase, or if the market would continue to trade higher, lacking follow-through selling strength, as has been the case since the April low.<\/li>\n\n\n\n
- The market gapped down but lacked follow-through selling, reversing to make a new all-time high. The prominent tail above the candlestick indicates some profit-taking.<\/li>\n\n\n\n
- The bulls view the recent moves (Aug 1, Aug 20, and Sep 2) as pullbacks and want a resumption of the bull trend.<\/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 want another strong leg up from a wedge bull flag (Aug 1, Aug 20, and Sept 2) or a double bottom bull flag (Aug 1 and Sep 2).<\/li>\n\n\n\n
- They must create a strong breakout with follow-through buying above the September 5 high to increase the odds of a measured move.<\/li>\n\n\n\n
- If the market trades lower, they want the 20-week EMA or August 1 low to act as support.<\/li>\n\n\n\n
- The bears want a reversal from a higher high major trend reversal and a wedge pattern (May 19, Jul 3, and Sep 5).<\/li>\n\n\n\n
- They see the current leg forming an embedded wedge (Jul 31, Aug 31, and Sep 5).<\/li>\n\n\n\n
- They want a TBTL (Ten Bars, Two Legs) pullback lasting a few weeks.<\/li>\n\n\n\n
- They hope that the recent sideways trading range (starting early July) will be the final flag of the move.<\/li>\n\n\n\n
- The problem with the bear\u2019s case is that they could not create sustained follow-through selling on the weekly chart since the April 7 low.<\/li>\n\n\n\n
- They must create consecutive bear bars closing near their lows to show they are back in control.<\/li>\n\n\n\n
- 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 (bull bars with follow-through buying) compared to weaker selling pressure (bear bars with no follow-through selling).<\/li>\n\n\n\n
- The market has been stalling around the 6500 level for the last 4 weeks.<\/li>\n\n\n\n
- The move is slightly climactic and overbought. The wedge and embedded wedge increase the odds of a minor pullback.<\/li>\n\n\n\n
- The bears need to do more by creating strong consecutive bear bars to show they are back in control. Without that, traders will not be willing to sell aggressively.<\/li>\n\n\n\n
- The candlestick after an outside bar can sometimes be an inside bar, forming an ioi (inside-outside-inside) breakout mode pattern.<\/li>\n\n\n\n
- For now, traders will see if the bulls can create more follow-through buying and make new highs.<\/li>\n\n\n\n
- Or will the market continue to stall around the 6500 area instead? If this situation persists, we may see some selling pressure return after that.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> S&P 500 E-mini chart<\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n- \n
- The market gapped down on Tuesday but lacked follow-through selling and traded higher. Friday gapped up, making a new all-time high, but reversed into an outside bear bar.<\/li>\n\n\n\n
- Previously<\/a>, we said traders would see if the bulls could create more follow-through buying, breaking above the August 13 high, or if the market would stall and form another pullback, trading below the 20-day EMA instead.<\/li>\n\n\n\n
- So far, the market is trading sideways around the August 13 high area and is also holding above the 20-day EMA.<\/li>\n\n\n\n
- The bulls want 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 sideways to up to form the larger wedge pattern with the first two legs being May 19 and July 31 highs. So far, the third leg up is forming an embedded wedge (Aug 13, Aug 28, and Sep 5).<\/li>\n\n\n\n
- They see the recent moves as pullbacks forming a wedge bull flag (Aug 1, Aug 20, and Sep 2).<\/li>\n\n\n\n
- They must create consecutive bull bars closing near their highs to increase the odds of another leg up.<\/li>\n\n\n\n
- They want the 20-day EMA or the bull trend line to act as support.<\/li>\n\n\n\n
- The bears want a reversal from a large wedge pattern (May 19, Jul 31, and Sep 5) and an embedded wedge (Aug 13, Aug 28, and Sep 5).<\/li>\n\n\n\n
- They see a weaker (mostly sideways with overlapping ranges) third leg up (starting from the Aug 1 low), lacking the momentum from the earlier two legs (May 19 and Jul 31).<\/li>\n\n\n\n
- They must create consecutive bear bars closing near their lows, trading far below the 20-day EMA and the bull trend line, indicating they are back in control.<\/li>\n\n\n\n
- The move from the April 21 low is in a tight bull channel, indicating strong bulls.<\/li>\n\n\n\n
- The buying pressure remains slightly stronger (consecutive bull bars, tight bull channels) compared to the weaker selling pressure (weak and sideways pullbacks with limited follow-through selling).<\/li>\n\n\n\n
- The wedge (May 19, Jul 31, and Sep 5) and embedded wedge (Aug 13, Aug 28, and Sep 5) increase the odds of a minor pullback lasting a few weeks.<\/li>\n\n\n\n
- The bears need to create strong consecutive bear bars to show they are back in control. Without that, traders will not be willing to sell aggressively.<\/li>\n\n\n\n
- For now, traders will see if the bulls can create more follow-through buying and another strong leg up.<\/li>\n\n\n\n
- Or will the market continue to stall around the 6500 area instead? If this remains the case persistently, the odds of a pullback will increase in the weeks ahead.<\/li>\n<\/ul>\n\n\n\n
Trading room<\/h2>\n\n\n\n
Al Brooks and other presenters talk about the detailed E-mini price action real-time each day in the Brooks Trading Course 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