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\/2026\/03\/E-mini-Weekly-BO-Below-TTR-Bears-Need-FT-Selling-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- This week\u2019s Emini candlestick was a bear bar closing near its low with a long tail above.<\/li>\n\n\n\n
- Last week<\/a>, we said traders were watching for a decisive breakout either below the 20-week EMA or above the all-time high before trading aggressively.<\/li>\n\n\n\n
- The market broke out below the 13-week tight trading range this week.<\/li>\n\n\n\n
- Bears want a reversal from a wedge top (December 11, December 26, January 12) and a lower high major trend reversal (February 25).<\/li>\n\n\n\n
- Bears want a strong breakout below the tight trading range and the 20-week EMA, followed by a measured move toward 6,500, based on the height of the 13-week trading range.<\/li>\n\n\n\n
- They need strong follow-through selling next week to shift the market to Always In Short.<\/li>\n\n\n\n
- If the market trades higher, bears want the February 25 high to act as resistance, forming a double top bear flag.<\/li>\n\n\n\n
- Bulls see the current move as forming a large double bottom bull flag (December 17 and March 6) and a wedge bull flag (January 20, February 17, March 6).<\/li>\n\n\n\n
- They want the breakout below the tight trading range to fail, followed by a retest of the all-time high (January 28).<\/li>\n\n\n\n
- Bulls want the 20-week EMA to hold as support. If the market trades lower, they want the November 21 low to act as support, forming a large double bottom bull flag.<\/li>\n\n\n\n
- Bulls need consecutive strong bull bars to increase the odds of a successful breakout above the January 28 high, with a measured move target near 7,300 based on the height of the 13-week trading range.<\/li>\n\n\n\n
- So far, the market has broken out below the 13-week tight trading range and the 20-week EMA.<\/li>\n\n\n\n
- Traders are watching whether bears can generate follow-through selling next week. If they fail, the market may retest back into the tight trading range.<\/li>\n\n\n\n
- The market continues to form slightly lower highs (February 11 and February 25). If the market trades higher, traders will watch whether it stalls around the 20-week EMA or the February 25 high area and forms another lower high relative to the January 28 all-time high.<\/li>\n\n\n\n
- Traders are watching whether the market is in a multi-month distribution phase or forming a large bull flag ahead of another leg up.<\/li>\n\n\n\n
- The longer price stalls near the October 29 high without a strong breakout, the greater the probability of a deeper pullback \u2014 especially if bears generate sustained follow-through selling next week.<\/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\/2026\/03\/E-mini-Daily-Weak-Breakout-Below-Tight-Trading-Range-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The market opened lower on Monday and Tuesday, and both days reversed to close with bull bodies. Wednesday retested the 20-day EMA, followed by a retest of Tuesday\u2019s low on Friday.<\/li>\n\n\n\n
- Previously<\/a>, we said traders were watching whether bulls could retest the January 28 high and break out to new all-time highs, or whether the market would continue making slightly lower highs, increasing the odds of a downside breakout from the trading range.<\/li>\n\n\n\n
- The market broke out below the tight trading range this week, but the candlesticks consist mostly of bull bars with prominent tails below and dojis, indicating a weak breakout.<\/li>\n\n\n\n
- Bulls see a large double bottom bull flag (November 21 and March 6), a wedge bull flag (January 20, February 17, and March 6), and a micro double bottom (March 3 and March 6).<\/li>\n\n\n\n
- Bulls want the November 21 low or the 200-day EMA to act as support.<\/li>\n\n\n\n
- They want the breakout below the 13-week tight trading range to fail, followed by a retest of the January 28 high and a strong breakout with a measured move target near 7,300, based on the height of the 13-week trading range.<\/li>\n\n\n\n
- Bulls need consecutive strong bull bars to show they are back in control.<\/li>\n\n\n\n
- Bears want the 20-day EMA to act as resistance, which appears to be the case so far.<\/li>\n\n\n\n
- They want a strong breakout below the 13-week trading range, followed by a measured move toward 6,500, based on the height of that range.<\/li>\n\n\n\n
- If the market trades higher, bears want the 20-day EMA or the February 25 high to act as resistance, forming a double top bear flag.<\/li>\n\n\n\n
- Bears need consecutive strong bear bars breaking below the November 21 low and the 200-day EMA to flip the market to Always In Short.<\/li>\n\n\n\n
- The market broke out below the 13-week tight trading range this week, but the lack of consecutive strong bear bars indicates the bears are not yet decisively strong.<\/li>\n\n\n\n
- Traders are watching whether bears can generate further follow-through selling, or whether bulls can produce consecutive strong bull bars back into the tight trading range instead.<\/li>\n\n\n\n
- If the market trades higher but continues forming slightly lower highs \u2014 with prominent bear bars, weak bull bars, and tails above \u2014 the odds of a downside breakout increase.<\/li>\n\n\n\n
- Traders are watching whether the market is in a multi-month distribution phase or forming a large bull flag ahead of another leg up.<\/li>\n\n\n\n
- The longer the market stalls around the October 29 high area without a strong breakout above, the higher the odds of a deeper pullback.<\/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\/2026\/03\/E-mini-Weekly-BO-Below-TTR-Bears-Need-FT-Selling.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n
- \n
- This week\u2019s Emini candlestick was a bear bar closing near its low with a long tail above.<\/li>\n\n\n\n
- Last week<\/a>, we said traders were watching for a decisive breakout either below the 20-week EMA or above the all-time high before trading aggressively.<\/li>\n\n\n\n
- The market broke out below the 13-week tight trading range this week.<\/li>\n\n\n\n
- Bears want a reversal from a wedge top (December 11, December 26, January 12) and a lower high major trend reversal (February 25).<\/li>\n\n\n\n
- Bears want a strong breakout below the tight trading range and the 20-week EMA, followed by a measured move toward 6,500, based on the height of the 13-week trading range.<\/li>\n\n\n\n
- They need strong follow-through selling next week to shift the market to Always In Short.<\/li>\n\n\n\n
- If the market trades higher, bears want the February 25 high to act as resistance, forming a double top bear flag.<\/li>\n\n\n\n
- Bulls see the current move as forming a large double bottom bull flag (December 17 and March 6) and a wedge bull flag (January 20, February 17, March 6).<\/li>\n\n\n\n
- They want the breakout below the tight trading range to fail, followed by a retest of the all-time high (January 28).<\/li>\n\n\n\n
- Bulls want the 20-week EMA to hold as support. If the market trades lower, they want the November 21 low to act as support, forming a large double bottom bull flag.<\/li>\n\n\n\n
- Bulls need consecutive strong bull bars to increase the odds of a successful breakout above the January 28 high, with a measured move target near 7,300 based on the height of the 13-week trading range.<\/li>\n\n\n\n
- So far, the market has broken out below the 13-week tight trading range and the 20-week EMA.<\/li>\n\n\n\n
- Traders are watching whether bears can generate follow-through selling next week. If they fail, the market may retest back into the tight trading range.<\/li>\n\n\n\n
- The market continues to form slightly lower highs (February 11 and February 25). If the market trades higher, traders will watch whether it stalls around the 20-week EMA or the February 25 high area and forms another lower high relative to the January 28 all-time high.<\/li>\n\n\n\n
- Traders are watching whether the market is in a multi-month distribution phase or forming a large bull flag ahead of another leg up.<\/li>\n\n\n\n
- The longer price stalls near the October 29 high without a strong breakout, the greater the probability of a deeper pullback \u2014 especially if bears generate sustained follow-through selling next week.<\/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 opened lower on Monday and Tuesday, and both days reversed to close with bull bodies. Wednesday retested the 20-day EMA, followed by a retest of Tuesday\u2019s low on Friday.<\/li>\n\n\n\n
- Previously<\/a>, we said traders were watching whether bulls could retest the January 28 high and break out to new all-time highs, or whether the market would continue making slightly lower highs, increasing the odds of a downside breakout from the trading range.<\/li>\n\n\n\n
- The market broke out below the tight trading range this week, but the candlesticks consist mostly of bull bars with prominent tails below and dojis, indicating a weak breakout.<\/li>\n\n\n\n
- Bulls see a large double bottom bull flag (November 21 and March 6), a wedge bull flag (January 20, February 17, and March 6), and a micro double bottom (March 3 and March 6).<\/li>\n\n\n\n
- Bulls want the November 21 low or the 200-day EMA to act as support.<\/li>\n\n\n\n
- They want the breakout below the 13-week tight trading range to fail, followed by a retest of the January 28 high and a strong breakout with a measured move target near 7,300, based on the height of the 13-week trading range.<\/li>\n\n\n\n
- Bulls need consecutive strong bull bars to show they are back in control.<\/li>\n\n\n\n
- Bears want the 20-day EMA to act as resistance, which appears to be the case so far.<\/li>\n\n\n\n
- They want a strong breakout below the 13-week trading range, followed by a measured move toward 6,500, based on the height of that range.<\/li>\n\n\n\n
- If the market trades higher, bears want the 20-day EMA or the February 25 high to act as resistance, forming a double top bear flag.<\/li>\n\n\n\n
- Bears need consecutive strong bear bars breaking below the November 21 low and the 200-day EMA to flip the market to Always In Short.<\/li>\n\n\n\n
- The market broke out below the 13-week tight trading range this week, but the lack of consecutive strong bear bars indicates the bears are not yet decisively strong.<\/li>\n\n\n\n
- Traders are watching whether bears can generate further follow-through selling, or whether bulls can produce consecutive strong bull bars back into the tight trading range instead.<\/li>\n\n\n\n
- If the market trades higher but continues forming slightly lower highs \u2014 with prominent bear bars, weak bull bars, and tails above \u2014 the odds of a downside breakout increase.<\/li>\n\n\n\n
- Traders are watching whether the market is in a multi-month distribution phase or forming a large bull flag ahead of another leg up.<\/li>\n\n\n\n
- The longer the market stalls around the October 29 high area without a strong breakout above, the higher the odds of a deeper pullback.<\/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