Video duration: 10min 56sec. Mid-year market review transcript Hi everyone, I’m Al Brooks. Today is June 29th, 2024. I’m on a working vacation at Lake Tahoe. I’m currently at the top of Heavenly Valley Ski Resort’s mountain. I have Lake Tahoe in the background. The reason why I’m recording this today is because a couple […]
Emini Bull Profit Taking Soon
Trading Update: Friday July 5, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini Intra-Day Update Wednesday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Wednesday (early close before July 4 holiday). I show each buy entry bar with […]
Emini Likely Disappointed bulls today
Trading Update: Wednesday July 3, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Emini Intra-Day Update Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell […]
Emini Reversal up from Test of 5,500 Round Number
Trading Update: Tuesday July 2, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Emini 2nd Leg Down to Moving Average Likely
Trading Update: Monday July 1, 2024 S&P Emini pre-open market analysis Emini daily chart Emini 5-minute chart and what to expect today Friday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Friday. I show each buy entry bar with a green arrow and each sell entry bar with […]
Weekly Emini Micro Wedge
Market Overview: S&P 500 Emini Futures The market formed a weekly Emini micro wedge. The bears need to create a strong entry bar with follow-through selling to convince traders that they are at least temporarily back in control. If the market trades lower, the bulls want the pullback to form a higher low or a […]
No Crude Oil Breakout
Market Overview: Crude Oil Futures There is no Crude Oil breakout above the expanding triangle yet on the weekly chart. The bears want a reversal from a lower high major trend reversal, a double top bear flag (Apr 26 and Jun 28) and from around the top of the broadening triangle. The bulls hope to […]
Bitcoin segundo trimestre 2024: un halving bajista
Visión del mercado El comienzo de 2024 marcó un punto de inflexión para Bitcoin, ya que la esperada aprobación del ETF de Bitcoin abrió las puertas a una afluencia significativa de inversión institucional. Esta nueva fuente de demanda coincidió con el halving de Bitcoin en el segundo trimestre, tradicionalmente visto como un catalizador alcista. Sin […]
EURUSD Is Stalling
Market Overview: EURUSD Forex The EURUSD is stalling around the bull trend line on the weekly chart. The bears see the last two weeks simply as a pullback and want another leg down to retest the April low. The bulls want a reversal from a higher low major trend reversal and a wedge bull flag […]
FTSE 100 Bear Inside Bar, Bull MC, Near MM Targets
Market Overview: FTSE 100 Futures FTSE 100 futures went sideways last month with a bear inside bar high. The pullback hasn’t appeared on this time frame yet, so it’s still always in long, and the first reversal is likely to be minor. Weekly bears are trying to close gaps below, but its more likely profit-taking […]