{"id":265506,"date":"2026-03-18T09:55:07","date_gmt":"2026-03-18T16:55:07","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=265506"},"modified":"2026-03-18T22:28:03","modified_gmt":"2026-03-19T05:28:03","slug":"e-mini-bulls-hopeful-for-upside-breakout-after-fomc","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/e-mini-bulls-hopeful-for-upside-breakout-after-fomc\/","title":{"rendered":"E-mini Bulls Hopeful for Upside Breakout after FOMC"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Wednesday March 18, 2026<\/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-8cb1c10\" data-video=\"https:\/\/youtu.be\/PEbTecWjmIY\" data-block-id=\"8cb1c10\"><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-b70daea\" data-block-id=\"b70daea\"><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-b70daea\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-b-70-daea-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-b-70-daea-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-53b145c\" data-block-id=\"53b145c\"><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-265645\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-EOD-Review-March-18-2026.jpg\" width=\"1280\" height=\"710\" alt=\"SP500 E-mini EOD Review - March 18 2026\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-EOD-Review-March-18-2026.jpg 1280w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-EOD-Review-March-18-2026-300x166.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-EOD-Review-March-18-2026-680x377.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-EOD-Review-March-18-2026-768x426.jpg 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/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 E-mini gapped below yesterday\u2019s bear reversal bar, closing near its low.<\/li>\n\n\n\n<li>Because of the four consecutive bear bars closing below their midpoints, there was increased risk of the bears finding sellers around prior breakout points, such as the March 11<sup>th<\/sup> low.<\/li>\n\n\n\n<li>The bears are hopeful that today is strong enough to close on its low. This would create follow-through selling after yesterday and increase the odds of a 2<sup>nd<\/sup> leg down.<\/li>\n\n\n\n<li>Today is the FOMC meeting, which increases the risk of higher volatility later in the day.<\/li>\n\n\n\n<li>The odds favor buyers not far below and the bulls getting a reversal back up to the 6,900 round number. However, the market may have to test the November 2025 low before the bulls can get a successful reversal back up.<\/li>\n\n\n\n<li>Even if the bears can reach the November 2025 low, the odds will favor buyers not far below. This makes the current price level a difficult location for the bears to short. If the market does get a selloff down to the November low, it will likely just be a sell vacuum test of support.<\/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>Today gapped down and rallied to the moving average before forming an opening reversal to the downside.<\/li>\n\n\n\n<li>Because the gap up was reasonable in size, the odds favored a 2<sup>nd<\/sup> leg down.<\/li>\n\n\n\n<li>Bar 9 was a strong enough bear breakout that the bears expected a 2<sup>nd<\/sup> leg down, which they got on bar 12. By bar 12, the market had formed a parabolic wedge bottom. This increased the risk of sideways trading.<\/li>\n\n\n\n<li>With the FOMC meeting at 2 PM EST, most traders should be flat at least 30 minutes before the report.<\/li>\n\n\n\n<li>If a trader is going to trade the report, they should wait at least 10 minutes after its release.<\/li>\n\n\n\n<li>The FOMC announcement increases the risk of lower probability events happening. This means that what is generally a higher probability is a lower probability, and lower probability outcomes are slightly higher probability.<\/li>\n\n\n\n<li>Traders must also prepare to trade smaller once the report is released due to the increase in volatility.<\/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\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-Upper-and-Lower-Trading-Range-in-Trading-Range-Day.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-Upper-and-Lower-Trading-Range-in-Trading-Range-Day-680x383.jpg\" alt=\"SP500 E-mini Upper and Lower Trading Range in Trading Range Day\" class=\"wp-image-265592\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-Upper-and-Lower-Trading-Range-in-Trading-Range-Day-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-Upper-and-Lower-Trading-Range-in-Trading-Range-Day-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-Upper-and-Lower-Trading-Range-in-Trading-Range-Day-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-Upper-and-Lower-Trading-Range-in-Trading-Range-Day.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Richard created the SP500 E-mini chart.<\/em><\/p>\n\n\n\n<p class=\"caption\">Here are reasonable stop entry setups from yesterday. Chart shows each buy entry bar with a green arrow and each sell entry bar with a red arrow. Buyers of the Brooks Trading Course have access to a near 4-year library of detailed explanations of swing trade setups (see Online Course\/BTC Daily Setups) linked to the Brooks Encyclopedia of Chart Patterns product.<\/p>\n\n\n\n<p class=\"caption\">The 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\/2026\/03\/SP500-E-mini-Limit-Order-Open-Sideways-Then-Bear-Trend-Resumption.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-Limit-Order-Open-Sideways-Then-Bear-Trend-Resumption-680x383.jpg\" alt=\"SP500 E-mini Limit Order Open Sideways Then Bear Trend Resumption\" class=\"wp-image-265643\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-Limit-Order-Open-Sideways-Then-Bear-Trend-Resumption-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-Limit-Order-Open-Sideways-Then-Bear-Trend-Resumption-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-Limit-Order-Open-Sideways-Then-Bear-Trend-Resumption-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-Limit-Order-Open-Sideways-Then-Bear-Trend-Resumption.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Richard created the SP500 E-mini chart.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\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 Trading Course <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: Wednesday March 18, 2026 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 chart. Here are reasonable stop entry setups from yesterday. Chart shows each buy entry bar with a green arrow and [&hellip;]<\/p>\n","protected":false},"author":5460,"featured_media":265592,"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":[153,136,241],"tags":[60,292],"class_list":{"0":"post-265506","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-update","8":"category-analysis","9":"category-video","10":"tag-sp-emini","11":"tag-trend-resumption","12":"entry","13":"override","14":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/SP500-E-mini-Upper-and-Lower-Trading-Range-in-Trading-Range-Day.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\/265506","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=265506"}],"version-history":[{"count":2,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/265506\/revisions"}],"predecessor-version":[{"id":265648,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/265506\/revisions\/265648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/265592"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=265506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=265506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=265506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}