{"id":270477,"date":"2026-05-27T09:46:12","date_gmt":"2026-05-27T16:46:12","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=270477"},"modified":"2026-05-28T02:51:10","modified_gmt":"2026-05-28T09:51:10","slug":"e-mini-likely-to-test-may-19-recent-higher-low","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/e-mini-likely-to-test-may-19-recent-higher-low\/","title":{"rendered":"E-mini Likely to Test May 19 Recent Higher Low"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Wednesday May 27, 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-38ad5ce\" data-video=\"https:\/\/youtu.be\/KqW9m83wQtI\" data-block-id=\"38ad5ce\"><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-4f0c617\" data-block-id=\"4f0c617\"><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-4f0c617\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-4-f-0-c-617-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-4-f-0-c-617-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-88d37f4\" data-block-id=\"88d37f4\"><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-265945\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/Joseph-Imbornone-EOD-Video.jpg\" width=\"1920\" height=\"1080\" alt=\"Joseph Imbornone EOD Video\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/Joseph-Imbornone-EOD-Video.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/Joseph-Imbornone-EOD-Video-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/Joseph-Imbornone-EOD-Video-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/Joseph-Imbornone-EOD-Video-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/Joseph-Imbornone-EOD-Video-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/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 daily chart is continuing to form a tight bull channel and has been going sideways for the past several days.<\/li>\n\n\n\n<li>Yesterday broke to a new all-time high but created a tail above the bar, which increases the odds that the next couple of days will try to test back down below the May 14 all-time high.<\/li>\n\n\n\n<li>The market has been away from the moving average since April 9, so the odds favor a test of the moving average.<\/li>\n\n\n\n<li>This increases the odds that the market will get a couple of legs down, reach the moving average, and test the May 19 most recent higher low.<\/li>\n\n\n\n<li>May 19 is important because it is probably a minor reversal in the tight bull channel, and it is a late higher low, which increases the odds of a pullback.<\/li>\n\n\n\n<li>Overall, the buying pressure on the daily chart is strong, and that increases the odds of the market going sideways for the next several weeks.<\/li>\n\n\n\n<li>The bears, if they are going to get control of the market, need to get strong closes below the moving average; otherwise, the odds favor buyers below willing to scale in lower.<\/li>\n\n\n\n<li>Overall, the E-mini is likely to get a couple of legs down and test the moving average and the 7,400 round number.<\/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 market gapped up on the open, but it was a small gap, and the rally above yesterday&#8217;s high of bar 77 reversed because the market was inside an overall trading range.<\/li>\n\n\n\n<li>That led to an opening reversal and a sell-off to the bar 3 breakout.<\/li>\n\n\n\n<li>The bar 3 low is a strong enough bear breakout that the odds favored a second leg down, but it was at the bottom of the overall range, and bar 3 is a climactic bar, which increased the odds of a pullback over the next several bars.<\/li>\n\n\n\n<li>The bulls got a rally up to bar 7 that was strong and likely to get a second leg up, which it did on bar 10.<\/li>\n\n\n\n<li>However, because the sell-off after bar 3 was likely to get a second leg down, and it was a strong breakout on the 15-minute Globex chart, the odds favored a second leg down and a test of the bar 3 lows, which the bears got on bar 13.<\/li>\n\n\n\n<li>The market formed a triangle with bar 21 and broke to the downside, testing yesterday&#8217;s low, which was the bar 30 low from yesterday.<\/li>\n\n\n\n<li>During bar 27, the bears tried to break out below yesterday&#8217;s low, but it failed, and the market rallied back to the middle of yesterday&#8217;s range on bar 39.<\/li>\n\n\n\n<li>Because bar 39 is in the middle of the overall range, traders should be cautious.<\/li>\n\n\n\n<li>The bulls are hopeful that the market will rally and break above today&#8217;s high, which is bar 11; however, unless the bulls can get a strong upside breakout, the odds favor continued trading range price action.<\/li>\n\n\n\n<li>Overall, traders should expect the market to continue to go sideways until there is a clear breakout beyond the range with follow-through.<\/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\/05\/SP500-E-mini-Wedge-Flag-and-Then-Bear-Channel-into-Trading-Range.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Wedge-Flag-and-Then-Bear-Channel-into-Trading-Range-680x383.jpg\" alt=\"SP500 E-mini Wedge Flag and Then Bear Channel into Trading Range\" class=\"wp-image-270518\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Wedge-Flag-and-Then-Bear-Channel-into-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Wedge-Flag-and-Then-Bear-Channel-into-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Wedge-Flag-and-Then-Bear-Channel-into-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Wedge-Flag-and-Then-Bear-Channel-into-Trading-Range.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Jed 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\/05\/SP500-E-mini-Trading-Range-Day-with-Close-near-Open.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Trading-Range-Day-with-Close-near-Open-680x383.jpg\" alt=\"SP500 E-mini Trading Range Day with Close near Open\" class=\"wp-image-270563\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Trading-Range-Day-with-Close-near-Open-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Trading-Range-Day-with-Close-near-Open-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Trading-Range-Day-with-Close-near-Open-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Trading-Range-Day-with-Close-near-Open.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p><em>Jed 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 May 27, 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 Jed 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":270518,"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":[60,1965],"class_list":{"0":"post-270477","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-trading-range-day","12":"entry","13":"override","14":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Wedge-Flag-and-Then-Bear-Channel-into-Trading-Range.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\/270477","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=270477"}],"version-history":[{"count":2,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/270477\/revisions"}],"predecessor-version":[{"id":270579,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/270477\/revisions\/270579"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/270518"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=270477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=270477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=270477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}