0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Emini and Forex Trading Update:Monday August 10, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini closed on its high on Friday. Three of the past 5 weeks gapped up on Monday. The bulls want another gap on the weekly chart again today. There is […]
Emini accomplished rare monthly gap up in 5 month rally
20Facebook 4Twitter 0LinkedIn WeiboFollowTotal24Market Overview: Weekend Market Update The Emini has rallied strongly for 2 weeks. It might gap up again next week. Traders expect a new all-time high early next week, and they will buy the 1st 1 – 3 day pullback. The bond futures market has rallied strongly for 9 weeks. However, it […]
Emini formed big outside up day just below all time high
0Facebook 5Twitter 0LinkedIn WeiboFollowTotal5Emini and Forex Trading Update:Friday August 7, 2020 I will update again at the end of the day. Pre-Open market analysis Yesterday traded above Wednesday’s high and below its low and therefore was an outside day. It then traded back above yesterday’s high and became an outside up day. It was a […]
Emini closed the February pandemic gap down
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Emini and Forex Trading Update:Thursday August 6, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday closed the February gap at the start of the pandemic crash. The bulls are looking for a reason to take some profits. Closing the gap might do it. […]
Emini weak follow through buying after weekly and monthly gap up
0Facebook 0Twitter 1LinkedIn WeiboFollowTotal1Emini and Forex Trading Update:Wednesday August 5, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up on the daily, weekly, and monthly charts on Monday. Traders expect at least slightly higher prices. With yesterday closing on its high and with the top of […]
Emini with rare gap up on monthly chart
0Facebook 1Twitter 0LinkedIn WeiboFollowTotal1Emini and Forex Trading Update:Tuesday August 4, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up yesterday. There was also a gap up on the weekly and monthly charts as well. Gaps on the monthly chart are rare. Since there was a gap […]
Emini making 3rd attempt at island bottom on weekly chart
51Facebook 2Twitter 1LinkedIn WeiboFollowTotal54Emini and Forex Trading Update:Monday August 3, 2020 I will update again at the end of the day. Pre-Open market analysis I wrote on Friday and over the weekend that the Emini gapped up on the weekly chart 2 and 3 weeks ago. Both gaps quickly closed, but there briefly was a […]
Emini in July closed above the June high
0Facebook 1Twitter 0LinkedIn WeiboFollowTotal1Market Overview: Weekend Market Update The Emini has rallied strongly for 4 months from its 10 year bull trend line. It has paused for a couple weeks in the February gap. Traders are deciding whether the rally will close the gap and continue to a new high, or reverse down and retrace […]
Emini in July might close today above June high
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Emini and Forex Trading Update:Friday July 31, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini sold off yesterday, but reversed up strongly from just above last week’s low and into the February gap. Because it was a bull bar and the Emini is in […]
Emini rallied after FOMC report to just below July high
0Facebook 0Twitter 0LinkedIn WeiboFollowTotal0Emini and Forex Trading Update:Thursday July 30, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday rallied back into the gap on the weekly chart above the February 24 high. I have been saying it probably would do that. The bulls want a new […]
