0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0 Video duration 9min 13sec. Al Brooks presents the second of six in-depth market analysis videos for the EURUSD Forex. Video reports following soon for Bond futures, Crude Oil, Gold futures and Bitcoin. Video transcript Introduction Hi, everyone. I’m Al Brooks. Thank you so much for your attention. At the end of […]
Market outlook for 2021: EURUSD Forex
Emini’s January breakout above bull trend channel might be failing
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Emini and Forex Trading Update:Friday January 15, 2021 I will update again at the end of the day. Pre-Open market analysis Yesterday was the 1st bear day in 8 days. It was an outside down bar, and it is a sell signal bar for today for a reversal down from above the […]
Emini January buy climax ignoring impeachment
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Emini and Forex Trading Update:Thursday January 14, 2021 I will update again at the end of the day. Pre-Open market analysis The Emini triggered a High 1 buy signal yesterday by going above Tuesday’s high. But Tuesday was a doji bar and that is a weak buy signal bar. Yesterday barely closed […]
Emini has weak High 1 bull flag just below January all-time high
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Emini and Forex Trading Update:Wednesday January 13, 2021 I will update again at the end of the day. Pre-Open market analysis The Emini formed a perfect doji bar yesterday, which is unusual. It came after 5 consecutive bull bars. It is a weak High 1 bull flag buy signal bar for a […]
Emini has 5 consecutive bull bars in January rally so bear bar likely today or tomorrow
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Emini and Forex Trading Update:Tuesday January 12, 2021 I will update again at the end of the day. Pre-Open market analysis Yesterday closed with 5 consecutive bull bars on the daily chart. Since that is extreme, it increases the chance of a bear day today or tomorrow. But unless there is a […]
Emini’s January buy climax is accelerating up, but increased chance of reversal down this week
0Facebook 2Twitter 1LinkedIn WeiboFollowTotal3Emini and Forex Trading Update:Monday January 11, 2021 I will update again at the end of the day. Pre-Open market analysis The Emini is breaking above the top of the December bull channel. There is a 75% chance that the breakout will reverse down within about 5 bars. But with Friday and […]
Emini strong January rally breakout above bull channel should fail
0Facebook 88Twitter 0LinkedIn WeiboFollowTotal88Market Overview: Weekend Market Analysis The SP500 Emini futures bull trend is strong and traders expect higher prices. But it is breaking above bull channels on the daily and monthly charts, and any breakout above bull channel typically fails by about 5 bars. The bond futures market is breaking below a 9-month […]
Emini outside up bar for 1st week of 2021
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Emini and Forex Trading Update:Friday January 8, 2021 I will update again at the end of the day. Pre-Open market analysis The Emini formed a 3rd consecutive bull trend day. While it is overbought, traders will keep buying until there is a clear top, or a strong reversal down. There is a […]
Emini climactic test of last year’s high occurred yesterday
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Emini and Forex Trading Update:Thursday January 7, 2021 I will update again at the end of the day. Pre-Open market analysis After Monday triggered the yearly buy signal by going above last year’s high (an outside up candlestick), it immediately reversed down. This often happens with higher time frame signals. When a […]
Emini ioi bull flag after OO Breakout Mode and ahead of Georgia election
0Facebook 1Twitter 0LinkedIn WeiboFollowTotal1Emini and Forex Trading Update:Wednesday January 6, 2021 I will update again at the end of the day. Pre-Open market analysis Yesterday was a bull inside day after Monday was a huge outside down day. It is therefore an ioi buy signal bar for today (inside-outside-inside). But, remember, Thursday and Monday were […]
