Democratic Convention stock market rally: Updated 6:55 a.m. Like most days over the past 2 weeks, the Emini sold off on the open. Then bulls again want an opening reversal, today, at the 60 minute moving average, and an early low of the day. The bears want a strong breakout below the 60 minute moving […]
If you are not seeing the latest Weekly Report below, your PC/device browser is likely showing you an earlier page copy. Simply refresh your browser. For PCs you can use the F5 key, or Ctrl-F5, several times if needed.
Democratic Convention stock market rally
Political conventions and the stock market
Emini weekend update: July 23, 2016
Monthly S&P500 Emini futures candlestick chart: Political conventions and the stock market The monthly S&P500 Emini futures candlestick chart has a big bull trend bar in its breakout to a new all-time high. It is the 6th consecutive bull trend bar in a strong bull trend. Some beginning traders erroneously think that there is a […]
Micro double top buy climax
Intraday market update: July 22, 2016
Micro double top buy climax: Updated 6:50 a.m. The Emini began with an opening reversal down from the 60 minute moving average, a 50% pullback, and a test near the top of yesterday’s bear channel. Furthermore, yesterday’s reversal up was minor and therefore a bear rally. Finally, yesterday had a series of Moving Average Gap […]
Trading new all-time high stock market breakout
Intraday market update: July 21, 2016
Trading new all-time high stock market breakout: Updated around 7:04 a.m. The Emini began with an opening reversal up from a test of the old all-time high. It was also a 2nd leg down from yesterday’s double top major trend reversal. Yet, the buy signal bar had a big tail on top. Furthermore, the Emini […]
Day trading tight trading ranges
Intraday market update: July 20, 2016
Day trading tight trading ranges: Updated around 6:55 a.m. The Emini sold off early on most days over the past couple of weeks. Yet, bulls came in and created Opening Reversals. This sometimes resulted in a low of the day, and other times it simply halted the selling for an hour or so. The bulls […]
ioi breakout mode candlestick pattern
Intraday market update: July 19, 2016
ioi breakout mode candlestick pattern: I will update around 6:58 a.m. The Emini opened with 4 bars with prominent tails within yesterday’s range. This increases the chances that the 3 day tight trading range will grow. While the odds favor today trading either below yesterday’s low, above its high, or both, the probability is that […]
Emini bull flag after Turkey Coup
Intraday market update: July 18, 2016
Emini bull flag after Turkey Coup: I will update around 6:55 a.m. Today opened within Friday’s trading range. The 1st 3 bars had prominent tails. This is a continuation of Friday’s trading range price action, and it increases the chances of a lot of trading range price action today. Friday was an outside down day […]
How to trade a breakout to an all time high
Emini weekend update: July 16, 2016
Monthly S&P500 Emini futures candlestick chart:How to trade a breakout to an all time high The monthly S&P500 Emini futures candlestick chart is breaking strongly above a 2 year trading range. The monthly S&P500 Emini futures candlestick chart has a big bull breakout bar above a 2 year trading range. While there are still 2 […]
S&P500 60 minute chart wedge top reversal
Intraday market update: July 15, 2016
S&P500 60 minute chart wedge top reversal: I updated 7:02 a.m. Like every day this week, the Emini sold off early. Because yesterday was a small range day, today could trade below its low and become an outside down day. As a result of the early selling in an overbought market, the odds favor sideways […]
Bull flag candlestick pattern coming soon
Intraday market update: July 14, 2016
Bull flag candlestick pattern coming soon: Updated 6:50 a.m. The Emini opened with a big gap up at the top of the 60 minute wedge bull channel. It also tested a measured move up from yesterday’s range. It reversed down over the 1st several bars and is Always In Short. Because the bear bars had […]
