Emini and Forex Trading Update:Tuesday March 3, 2020 I will update again at the end of the day. Pre-Open market analysis As I said was likely, yesterday was a bull trend day. Since last week’s collapse was so severe, there will probably be more short covering today or later this week. However, there is currently […]
Emini short covering rally in 1st week of March
Emini and Forex Trading Update:Monday March 2, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini collapsed last week. It is now down in the March to October trading range. Traders looked at that as a fair price. They probably will again. Consequently, the Emini might begin to […]
Emini has 30% chance of 30-50% correction from coronavirus pandemic
Market Overview: Special weekend report about the 2020 selloff Containment of the coronavirus probably will not work. A vaccine is the realistic solution, but that is many months away. This could be the worst pandemic since the 1918 flu, which killed 50 million people. The Emini sold off strongly this week. Traders should expect a […]
Emini February rally might be bull leg in trading range
Market Overview: Weekend Market Update 30 year Treasury bond Futures market:Testing October high, but wedge rally The 30 year Treasury bond futures has rallied in February to near the August all-time high. However, the rally comes after 4 consecutive bear bars on the monthly chart (not shown). When that is the case, there is usually […]
Emini testing 3400 but possible minor wedge top
Market Overview: Weekend Market Update The Emini has rallied strongly for 2 weeks, but the rally might be a bull leg in the January trading range. However, there is currently only a 30% chance that February will reverse back down to the low of the month in the final 2 weeks. The bond futures market […]
January is minor sell signal on Emini monthly chart
Market Overview: Weekend Market Update There is now a minor sell signal on the Emini monthly chart. The Emini is down 4%. Two weeks ago, I said it would probably fall at least 5%, starting within 3 weeks. It started 3 days later. Friday’s Bear Surprise Bar makes it likely that the Emini will fall […]
Emini profit taking and 5% pullback after January buy climax
Market Overview: Weekend Market Update The Emini reversed down on Friday. This might be the start of a 5% correction, but there could be one more brief new high first. Bond futures are reversing up but the rally will probably form a lower high. The EURUSD Forex market is trying to resume its 2 year […]
Emini 5% correction could begin in 3 weeks
Market Overview: Weekend Market Update The Emini is accelerating up and it is above the top of the daily, weekly, and monthly bull channels. There is a 60% chance that 5% correction will start within a few weeks. The 30 year bond futures market is oversold and will probably bounce over the next couple weeks. […]
Market analysis video report for 2020
Market analysis on what to expect in 2020 Video duration 50min 41sec. Al Brooks presents an in-depth market analysis video for six important markets: Emini S&P 500, Bonds, EURUSD Forex, Crude Oil, Gold and Bitcoin. Video topics timing 00:00 Introduction 01:46 Emini S&P 500 22:35 Bonds 30:48 EURUSD Forex 36:00 Crude Oil 38:50 Gold 40:40 […]
Emini stalling at last year’s high after Iran news
Market Overview: Weekend Market Update I only have time for a brief update this weekend. However, I created a video of what to expect over the coming year and it will be available here soon on my trading course’s website. The Emini broke above last year’s high, but there was immediate profit-taking on Friday’s Iran […]
