{"id":273663,"date":"2026-07-20T11:06:40","date_gmt":"2026-07-20T18:06:40","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=273663"},"modified":"2026-07-20T23:34:11","modified_gmt":"2026-07-21T06:34:11","slug":"e-mini-continued-sideways-trading-on-daily-chart","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/e-mini-continued-sideways-trading-on-daily-chart\/","title":{"rendered":"E-mini Continued Sideways Trading on Daily Chart"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Monday July 20, 2026<\/h3>\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 of the E-mini continues to go sideways, as it has for the past two months.<\/li>\n\n\n\n<li>The market is forming a triangle, and the range is contracting.<\/li>\n\n\n\n<li>At the moment, the market is in the midpoint of the overall triangle on the daily chart.<\/li>\n\n\n\n<li>That makes the probability close to 50% for both the bulls and the bears.<\/li>\n\n\n\n<li>Because of the higher time frame context, the odds are that the bulls are going to test back up to the all-time high, even if we first test down to previous higher lows such as the June 26th low.<\/li>\n\n\n\n<li>If the market does reach the June 26th low or even the June 9th low, there will likely be buyers below willing to scale in lower.<\/li>\n\n\n\n<li>This limits the downside potential for the bears and increases the odds of traders being willing to buy and scale in lower.<\/li>\n\n\n\n<li>Overall, the odds are that the market is probably going to rally back to the all-time high 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 E-mini gapped up on the open and rallied for the first three bars today, but the market ended up finding sellers above bar 3 and reversed down on bar 4.<\/li>\n\n\n\n<li>Bar 4 was a strong enough bear reversal bar that the odds favored a second leg down and a test of the bar 1 low.<\/li>\n\n\n\n<li>Bars 4 and 5 were strong enough to expect lower prices.<\/li>\n\n\n\n<li>When the bears got three consecutive bear bars on bars 4, 5, and 6, traders expected some kind of measured move down.<\/li>\n\n\n\n<li>They sold off to bar 18, which was good for the bears.<\/li>\n\n\n\n<li>However, it was testing the bottom third of the overall gap up, and that increased the odds that the market was probably going to evolve into a trading range, especially after the three consecutive bull bars on the open.<\/li>\n\n\n\n<li>It was reasonable for traders to think about the possibility of a test back to the open of the day.<\/li>\n\n\n\n<li>The market rallied to bar 33 and came within a few ticks of the open.<\/li>\n\n\n\n<li>However, the market formed a pair block wedge top and sold back off to the bar 18 low.<\/li>\n\n\n\n<li>As of bar 46, the bears have a pair block wedge bottom and a potential failed breakout at the bar 18 low.<\/li>\n\n\n\n<li>The bulls will see bar 52 as a second-entry buy, and they are hopeful that the market will rally back to the midpoint of the range, the bar 18 low to the bar 33 high.<\/li>\n\n\n\n<li>Next, they want a test back to the bar 33 high and the open of the day.<\/li>\n\n\n\n<li>Overall, today is a trading range day, and this means that the bears will likely be disappointed with the sell-off down to the bar 51 low.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Friday&#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\/07\/SP500-E-mini-5-Min-Bull-Vacuum-Retrace-to-EMA-then-Trading-Range-Day.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Bull-Vacuum-Retrace-to-EMA-then-Trading-Range-Day-680x383.jpg\" alt=\"SP500 E-mini 5 Min - Bull Vacuum Retrace to EMA then Trading Range Day\" class=\"wp-image-273660\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Bull-Vacuum-Retrace-to-EMA-then-Trading-Range-Day-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Bull-Vacuum-Retrace-to-EMA-then-Trading-Range-Day-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Bull-Vacuum-Retrace-to-EMA-then-Trading-Range-Day-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Bull-Vacuum-Retrace-to-EMA-then-Trading-Range-Day.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Jed created the SP500 E-mini chart.<\/em><\/p>\n\n\n\n<p class=\"caption wp-block-paragraph\">Here are reasonable stop entry setups from last Friday. 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 wp-block-paragraph\">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 wp-block-paragraph\">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 wp-block-paragraph\">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\/07\/SP500-E-mini-5-Min-Spike-Channel-Bear-Trend-Day.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Spike-Channel-Bear-Trend-Day-680x383.jpg\" alt=\"SP500 E-mini 5 Min- Spike &amp; Channel Bear Trend Day\" class=\"wp-image-273830\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Spike-Channel-Bear-Trend-Day-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Spike-Channel-Bear-Trend-Day-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Spike-Channel-Bear-Trend-Day-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Spike-Channel-Bear-Trend-Day.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Jed created the SP500 E-mini chart.<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">E-mini end of day video review<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Periodic end of day review videos will be moved to top of page when done.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><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 class=\"wp-block-paragraph\">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 class=\"wp-block-paragraph\">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: Monday July 20, 2026 S&amp;P E-mini market analysis E-mini daily chart E-mini 5-minute chart and what to expect today Friday&#8217;s E-mini setups Jed created the SP500 E-mini chart. Here are reasonable stop entry setups from last Friday. Chart shows each buy entry bar with a green arrow and each sell entry bar with [&hellip;]<\/p>\n","protected":false},"author":5460,"featured_media":273660,"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],"tags":[1966,60,1917],"class_list":["post-273663","post","type-post","status-publish","format-standard","has-post-thumbnail","category-market-update","category-analysis","tag-bear-trend","tag-sp-emini","tag-spike-and-channel","entry","override","shadow"],"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Bull-Vacuum-Retrace-to-EMA-then-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\/273663","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=273663"}],"version-history":[{"count":3,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/273663\/revisions"}],"predecessor-version":[{"id":273832,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/273663\/revisions\/273832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/273660"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=273663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=273663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=273663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}