0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Thursday January 20, 2022 Emini pre-open market analysis Emini daily chart Emini is testing the 100-day moving average and broke below the daily and weekly trendline. The Emini bears need follow-through. December low is so close we will probably have to reach it to satisfy a test. The bears still […]
Emini breakout below bull trend line and testing 100-day MA
0Facebook 0Twitter 1LinkedIn WeiboFollowTotal1Trading Update: Wednesday January 19, 2022 Emini pre-open market analysis Emini daily chart Emini breakout below bull trend line yesterday on daily and weekly charts. It also closed below last week’s low, and it is testing 100-day MA. Bears want reversal down from January 4 wedge top (September 2, November 22, January […]
Emini continued disappointment on the daily chart
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Tuesday January 18, 2022 Emini pre-open market analysis Emini daily chart Emini continued disappointment with daily chart in likely trading range since July. Bears see Friday, January 14 as a breakout pullback and are hoping January 13 is a lower high major trend reversal that reaches the December and October […]
Emini bears failed to get follow-through selling on weekly chart
0Facebook 4Twitter 0LinkedIn WeiboFollowTotal4Al added a few comments to report Market Overview: Weekend Market Analysis The SP500 Emini futures weekly candlestick was a bull doji bar. The bears failed to get follow-through selling following last week’s bear signal bar. The bulls see the 3 pushes down (December 3, December 20, and January 10) as a wedge bull […]
Emini strong leg down in 2-month trading range
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Friday January 14, 2022 Emini pre-open market analysis Emini daily chart Yesterday triggered a sell signal by going below Wednesday’s low. There is an Emini lower high major trend reversal after a 4-month wedge top and strong leg down in 2-month trading range. But Wednesday was a doji bar and […]
Emini stalling at November and December highs
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Thursday January 13, 2022 Emini pre-open market analysis Emini daily chart Emini reversed up strongly on January 10 and had strong follow-through on January 11. The odds are we will go higher, but Emini stalling at the November 22 and December 16 highs, which is an area of resistance. The […]
Emini strong entry bar after yesterday’s January reversal up
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Wednesday January 12, 2022 Emini pre-open market analysis Emini daily chart Monday reversed up strongly from the bottom of the 20-week EMA and the bull trend lines on the daily and weekly charts. It was also a test of the 100-day MA and the 4,600 Big Round Number. Yesterday triggered […]
Emini new high but weekly outside bear bar closed near low
0Facebook 2Twitter 0LinkedIn WeiboFollowTotal2Market Overview: Weekend Market Analysis The SP500 Emini futures traded lower after making a new high this week. An outside bear bar on the weekly chart. It is a 50% pullback from the December 20 rally. Bears want a test of the December low from a higher high double top with November […]
Emini minor January reversal from wedge rally at measured move targets
0Facebook 0Twitter 1LinkedIn WeiboFollowTotal1Trading Update: Friday January 7, 2022 Emini pre-open market analysis Emini daily chart Emini at measured move targets with bull doji yesterday at the 50-day EMA. Weak follow-through after Wednesday’s big bear day. Yesterday is a High 1 buy signal bar at the 50-day MA. The bulls hope that Wednesday is just […]
Emini rally pausing at last year’s high and 4800
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Trading Update: Wednesday January 5, 2022 Emini pre-open market analysis Emini daily chart Yesterday was a bear day and a reversal down from a new high. Emini rally pausing with a sell signal bar for today. However, it closed in the middle of its range and in the middle of a 6-day […]
