{"id":273835,"date":"2026-07-22T10:48:46","date_gmt":"2026-07-22T17:48:46","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=273835"},"modified":"2026-07-22T10:56:38","modified_gmt":"2026-07-22T17:56:38","slug":"e-mini-daily-downside-risk-is-limited","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/e-mini-daily-downside-risk-is-limited\/","title":{"rendered":"E-mini Daily Downside Risk is Limited"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Trading Update: Wednesday July 22, 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 in a contracting triangle, which is in breakout mode and makes the probability close to 50-50 for the bulls and the bears.<\/li>\n\n\n\n<li>Because of the higher-time-frame context, the odds slightly favor the bulls getting the upside breakout and a test of the all-time high, which is near the 7700 round number.<\/li>\n\n\n\n<li>Traders should assume that this contracting trading range can last for many more bars than what seems reasonable.<\/li>\n\n\n\n<li>For context, look at what happened from last November all the way through March of 2025: the market was in a tight, contracting trading range and then broke to the downside, only to reverse up to a new all-time high.<\/li>\n\n\n\n<li>Overall, traders should assume that the downside is likely limited.<\/li>\n\n\n\n<li>Traders will likely be willing to buy and scale in lower, betting that any sell-off will get bought and lead to a test of the all-time high.<\/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 down on the open and rallied for the first seven bars, breaking out above yesterday&#8217;s high.<\/li>\n\n\n\n<li>Yesterday was a bull trend, so it was reasonable for the market to try to test yesterday&#8217;s high.<\/li>\n\n\n\n<li>The odds favored some formation of a double top, and at a minimum the bears needed some kind of major trend reversal, which they got on bar 8.<\/li>\n\n\n\n<li>Because the rally up to bar 8 was fairly tight \u2014 even though it was a parabolic wedge \u2014 the odds favored a trading range and not a strong major trend reversal.<\/li>\n\n\n\n<li>The bears got a sell-off down to the bar 15 low, and it formed a parabolic wedge over that move.<\/li>\n\n\n\n<li>The bulls who bought the close of bar 7 never had a chance to escape or get out, which increased the risk of big up, big down, and big confusion in a trading range environment, with the market going sideways and possibly testing back up to the high of bar 7.<\/li>\n\n\n\n<li>The rally from the bar 16 high to the bar 21 high was tight, and that increased the odds of buyers below in a second leg.<\/li>\n\n\n\n<li>As of bar 51, the market is forming a trading range and will likely continue to go sideways for the next several bars.<\/li>\n\n\n\n<li>Realistically, if the bears are going to get the downside breakout back to the bottom third of the rally that began at the bar 16 low, they will likely need more selling pressure than they have at bar 51.<\/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\/07\/SP500-E-mini-5-Min-Parabolic-Bull-Trend-to-Trading-Range-Endless-Pullback.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-Parabolic-Bull-Trend-to-Trading-Range-Endless-Pullback-680x383.jpg\" alt=\"SP500 E-mini 5 Min- Parabolic Bull Trend to Trading Range Endless Pullback\" class=\"wp-image-273907\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Parabolic-Bull-Trend-to-Trading-Range-Endless-Pullback-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Parabolic-Bull-Trend-to-Trading-Range-Endless-Pullback-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Parabolic-Bull-Trend-to-Trading-Range-Endless-Pullback-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Parabolic-Bull-Trend-to-Trading-Range-Endless-Pullback.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 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 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\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: Wednesday July 22, 2026 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 each sell entry bar with a [&hellip;]<\/p>\n","protected":false},"author":5460,"featured_media":273907,"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":[60],"class_list":["post-273835","post","type-post","status-publish","format-standard","has-post-thumbnail","category-market-update","category-analysis","tag-sp-emini","entry","override","shadow"],"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/SP500-E-mini-5-Min-Parabolic-Bull-Trend-to-Trading-Range-Endless-Pullback.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\/273835","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=273835"}],"version-history":[{"count":3,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/273835\/revisions"}],"predecessor-version":[{"id":273914,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/273835\/revisions\/273914"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/273907"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=273835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=273835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=273835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}