0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Thursday September 23, 2021 Emini pre-open market analysis Emini daily chart Big reversal up after big reversal down creates big confusion. That typically results in a trading range. Increased chance of a trading range over the next couple weeks. A trading range usually has at least a double top and […]
Potential big Emini move after today’s September FOMC statement
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Wednesday September 22, 2021 Emini pre-open market analysis Emini daily chart Monday gapped down on daily and weekly charts and sold off strongly to far below the weekly bull channel and the 50-day MA. It reversed up from below the 100-day MA, the 4300 Big Round Number, and below the […]
Emini consecutive bear bars on weekly chart before FOMC statement
0Facebook 2Twitter 0LinkedIn WeiboFollowTotal2Weekend report co-author Andrew A. Market Overview: Weekend Market Analysis SP500 Emini consecutive bear bars testing several support levels ahead of the FOMC statement report on September 22, which can be a catalyst for a big move in either direction. September or October should be a bear bar on the monthly chart […]
Emini has uncertain test of 50-day MA ahead of FOMC
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Friday September 17, 2021 Emini pre-open market analysis Emini daily chart Yesterday was doji bar and inside bar after Wednesday’s strong reversal up from the bottom of the bull channel and from just above the 50-day MA. It is both a buy signal bar and a sell signal bar. Since […]
Emini at bull trend line and has 4 bear bars
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Wednesday September 15, 2021 Emini pre-open market analysis Emini daily chart Emini at bull trend line with yesterday the 4th consecutive big bear bar in the 2-week selloff. That is unusual, and it therefore today should form a bull bar. The Emini will probably soon stop going down and begin […]
Emini bears need more bear days if this is start of 15% September correction
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Monday September 13, 2021 Emini pre-open market analysis Emini daily chart Emini bears sold off for 5 days, which is relatively a lot compared to other pullbacks since the pandemic low. Next week’s FOMC announcement will be important. That increases the chance of the Emini starting to go sideways. Next […]
Emini reversing lower from higher high major trend reversal
0Facebook 2Twitter 0LinkedIn WeiboFollowTotal2Weekend report co-author Andrew A. Market Overview: Weekend Market Analysis The SP500 Emini futures is reversing lower from a higher high major trend reversal at a measured move based on the pandemic crash. There is also an expanding triangle and a trend channel line overshoot. September or October should be the high of the […]
Emini bears hoping September correction of 15 percent has begun
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Friday September 10, 2021 Emini pre-open market analysis Emini daily chart Yesterday traded above Wednesday’s high and then below its low. It was therefore an outside down day. Bear hoping 15 percent correction has begun. Since it closed near its low and below yesterday’s low, there is an increased chance […]
Emini 6-day tight trading range in bull trend
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Wednesday September 8, 2021 Emini pre-open market analysis Emini daily chart Yesterday dipped below the bottom of the 6-day tight trading range, but then closed back in the range. Every day in September has traded through the open of the month, which tells traders that it is an important price. […]
Emini rally into Labor Day but September should be high for the year
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Tuesday September 7, 2021 Emini pre-open market analysis Emini daily chart Tight trading range for 5 days increases chance of more sideways trading despite Emini rally into Labor Day. Friday traded below Thursday’s low and was the 1st pullback in 6 days. The reversal down was from the August high […]
