{"id":270482,"date":"2026-05-29T11:21:11","date_gmt":"2026-05-29T18:21:11","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=270482"},"modified":"2026-05-30T07:22:44","modified_gmt":"2026-05-30T14:22:44","slug":"e-mini-sellers-at-7600-round-number","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/e-mini-sellers-at-7600-round-number\/","title":{"rendered":"E-mini Sellers at 7,600 Round Number"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Friday May 29, 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-a57a542\" data-video=\"https:\/\/youtu.be\/L8txZM1GJNA\" data-block-id=\"a57a542\"><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-e37ebe6\" data-block-id=\"e37ebe6\"><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-e37ebe6\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-e-37-ebe-6-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-e-37-ebe-6-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-036d8d2\" data-block-id=\"036d8d2\"><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 continues to form a tight bull channel and tested the 7,600 round number, which is a likely obvious area of resistance and increases the probability that today will find sellers above 7,600.<\/li>\n\n\n\n<li>Yesterday formed an outside bar, and it is the second consecutive outside bar in a row, which increases the risk that there will be sellers above today&#8217;s high and that the bulls will get disappointed.<\/li>\n\n\n\n<li>The market continues to be far from the moving average, which increases the risk of a pullback.<\/li>\n\n\n\n<li>The past two days have formed consecutive outside bars, which makes the odds against today forming a third consecutive outside bar.<\/li>\n\n\n\n<li>The bulls will likely be disappointed with today&#8217;s follow-through, and that increases the risk that the bears will get a reversal bar.<\/li>\n\n\n\n<li>At a minimum, the bears want today to close below its midpoint; ideally, the bears are hopeful that today will be a bear bar closing on its low.<\/li>\n\n\n\n<li>The odds favor a test of the moving average and the May 19 low over the next couple of weeks.<\/li>\n\n\n\n<li>While the bulls have done a great job since the beginning of April, the market continues to be climactic, and that increases the risk of a pullback and the market going sideways over the next several weeks.<\/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 day formed a small gap up and rallied for the first five bars, testing the 7,600 round number.<\/li>\n\n\n\n<li>The market broke 10 points above 7,600 and found sellers; whenever the market tests a new major round number for the first time, it is common for the market to break above it by 10 points or more and then find sellers.<\/li>\n\n\n\n<li>While the bulls did a good job with the rally up to bar 5, the bears formed a sell-off down to the bar 15 low, which was a sign that today was likely to have a lot of trading range price action.<\/li>\n\n\n\n<li>As of bar 27, the market has formed big up, big down, big confusion, causing the market to enter breakout mode.<\/li>\n\n\n\n<li>The bulls are hopeful that they can break strongly above 7,600; however, the higher time frame is climactic, and the market is at the major resistance of 7,600.<\/li>\n\n\n\n<li>At the moment, the odds are that today will close below 7,600.<\/li>\n\n\n\n<li>The sell-off down to bar 16 was strong enough that it may have to get retested later in the day.<\/li>\n\n\n\n<li>The bears are hopeful that they can form a double top with bar 22 and bar 27.  Next, they want a break below the neckline of bar 23, low, and reach bar 16 low.<\/li>\n\n\n\n<li>Today is Friday, and therefore, weekly support and resistance are important.<\/li>\n\n\n\n<li>Traders must be mindful of the possibility of a surprise breakout up or down late in the session as traders decide on the close of the weekly chart.<\/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-Major-Bull-Surprise-ATH-Test-Then-Minor-Reversal-and-Trend-Resumption.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Major-Bull-Surprise-ATH-Test-Then-Minor-Reversal-and-Trend-Resumption-680x383.jpg\" alt=\"SP500 E-mini Major Bull Surprise ATH Test Then Minor Reversal and Trend Resumption\" class=\"wp-image-270655\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Major-Bull-Surprise-ATH-Test-Then-Minor-Reversal-and-Trend-Resumption-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Major-Bull-Surprise-ATH-Test-Then-Minor-Reversal-and-Trend-Resumption-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Major-Bull-Surprise-ATH-Test-Then-Minor-Reversal-and-Trend-Resumption-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Major-Bull-Surprise-ATH-Test-Then-Minor-Reversal-and-Trend-Resumption.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-Bull-Spike-to-MM-Target-Then-Bear-Reversal-Trading-Range-Day.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Bull-Spike-to-MM-Target-Then-Bear-Reversal-Trading-Range-Day-680x383.jpg\" alt=\"SP500 E-mini Bull Spike to MM Target Then Bear Reversal - Trading Range Day\" class=\"wp-image-270738\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Bull-Spike-to-MM-Target-Then-Bear-Reversal-Trading-Range-Day-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Bull-Spike-to-MM-Target-Then-Bear-Reversal-Trading-Range-Day-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Bull-Spike-to-MM-Target-Then-Bear-Reversal-Trading-Range-Day-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/05\/SP500-E-mini-Bull-Spike-to-MM-Target-Then-Bear-Reversal-Trading-Range-Day.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: Friday May 29, 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":270655,"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-270482","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-Major-Bull-Surprise-ATH-Test-Then-Minor-Reversal-and-Trend-Resumption.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\/270482","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=270482"}],"version-history":[{"count":3,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/270482\/revisions"}],"predecessor-version":[{"id":270739,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/270482\/revisions\/270739"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/270655"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=270482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=270482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=270482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}