Trading Update: Tuesday March 29, 2022 Emini pre-open market analysis Emini daily chart Emini bulls breaking above 4,600 with the Emini reaching the February high today and 4,600 round number during the Globex session So far, the bulls have a strong breakout since the March 14 low. The bulls are hopeful that this rally is […]
Emini tight bull channel testing February 9 high
Trading Update: Monday March 28, 2022 Emini pre-open market analysis Emini daily chart Emini tight bull channel on daily chart and near the February 9 high and 4,600. Both of these are magnets, and the market is probably close enough it will have to get there. The bulls are hopeful that this rally will continue […]
Emini bulls want to test bull channel top at 4775
Trading Update: Friday November 19, 2021 Emini pre-open market analysis Emini daily chart Yesterday was an outside up day, which is bullish. Emini bulls want to test bull channel top on weekly chart at 4775. It barely closed back above the 4700 Big Round Number and just below the all-time high, which is disappointing for […]
Emini at top of parabolic wedge and bull channel
Trading Update: Monday November 8, 2021 Emini pre-open market analysis Emini daily chart Parabolic wedge and bull channel rally (October 7, October 26, November 5) at top of bull channel (May 7, September 2, November 5). Probably 1 to 3 days of profit taking this week, possibly started on Friday. Friday was a bear bar […]
Emini testing bull channel top at end of August
Trading Update: Tuesday August 24, 2021 Emini pre-open market analysis Emini daily chart Yesterday was the 3rd consecutive big bull day closing near its high, and at another new all-time high, with Emini testing bull channel top. Next target is 4500 Big Round Number, which is also around the top of the bull channel on […]
Emini pullback possible from above top of 4-month bull channel
Weekend report co-author Andrew A. Market Overview: Weekend Market Analysis The SP500 Emini futures continue to make new highs. The daily chart should break above the top of the 4-month bull channel this week, but then an Emini pullback to the middle of the channel. The EURUSD Forex is reversing up from a double bottom […]
Emini August rally testing bull channel top
Trading Update: Monday August 9, 2021 Emini pre-open market analysis Emini daily chart Friday was a small bull bar so weak follow-through after Thursday’s breakout to a new high, testing bull channel top. Thursday’s breakout was small. Bulls want 60-point measured move up based on 10-day trading range. Top of wedge bull channel on daily […]
MoneyShow Orlando, Florida February 2020
Al Brooks: Trading when market is in a bull channel
Trading strategies Trading when a market is in a bull channel Al presented a strategies workshop at the MoneyShow Orlando event in Florida, USA, on Saturday, February 8, 2020. Based on his 30+ years as a trader, Al Brooks discussed how he classifies and trades a variety of bull channels. Al used Emini examples, but […]