Emini buy climax waiting for October earnings reports Updated 6:45 a.m. The Emini gapped down below the bull channel. The channel is probably evolving into a trading range. While the bulls tried for an opening reversal up from the 60 minute moving average, the 1st 2 bars were dojis. These are trading range bars. In […]

Emini buy climax going into earning October season Updated 6:48 a.m. The Emini began with a doji at yesterday’s close. This is a continuation of yesterday’s 70 bar tight trading range. The bears want a wedge lower high after yesterday’s initial selloff. They then want a bear break below the wedge bull channel and a […]

Emini bull flag after early October buy climax Updated 6:59 a.m. The Emini gapped up and had 2 strong bull bars. Yet, the 4th bar was a bear bar closing on its low. The bulls got out below the bar, fearful that this could be a failed breakout to a new all-time high. Traders know […]

Emini bulls want follow-through buying after breakout and buy climax Updated 6:53 a.m. The Emini gapped above Friday’s high and therefore triggered a buy signal on the daily chart. However, the gap was small and the next 3 bars were strong bear bars. The Emini is Always in Short, and there is a 50% chance […]

Emini strong buy climax, with bulls expecting tax cuts Updated 6:45 a.m. Today gapped down to the middle of yesterday’s range. This created a Big Up, Big Down pattern with yesterday. In addition, the 1st bar was a doji. Consequently, the bulls have lost a lot of control. This increases the chances for a trading […]

Monthly chart’s parabolic wedge buy climax will soon evolve into trading range Updated 6:54 a.m. The Emini opened at a new high, but began with 2 doji bars. While each of the past 5 days only dipped a little below their opens and then formed strong bull trend days, that is unusual. Therefore it is […]

Growing Emini parabolic buy climax before tax reform I will update around 6:52 a.m. The 5 minute chart had a small wedge top at the end of yesterday. That was nested inside of a 2 day wedge. The odds therefore favor some sideways to down trading today. Yet, the wedge bull channel was very tight. […]

Emini bulls want tax reform, creating growing buy climax Updated 6:58 a.m. The Emini gapped above yesterday’s high, but reversed down and closed the gap on the 3rd bar. Yet, the sell signal bar for the failed breakout above yesterday’s high had a bull body and yesterday had a 50 bar small pullback bull trend. […]

Buy climax so Emini is ignoring Republican tax cuts Updated 6:49 a.m. While the Emini had a small gap up, it closed on the 1st bar. In addition, the 1st bar was a doji bar, which means that there is not yet much energy. Since the Emini is breaking above the top of a 5 […]