3 Patterns every trader and investor should know Al Brooks will deliver a presentation for the Wealth365 online summit in January, 2020. Exact timing will be confirmed soon. Wealth365 is the largest all-online wealth summit in the world featuring more than 70 trading and investment speakers. Access is free and online only through the registration […]
Emini micro double top in January buy climax
Emini and Forex Trading Update:Wednesday January 22, 2020 I will update again at the end of the day. Pre-Open market analysis Over the weekend, I said that this week would probably not form a big bull bar on the weekly chart. That is because the past 2 weeks were big bull bars. A 3rd one […]
Emini extreme buy climax in January so profit taking soon
Emini and Forex Trading Update:Tuesday January 21, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up to another new high on Friday. But Friday was a small day and the buy climax has been extreme. That increases the chance of a week or two of profit-taking […]
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. […]
Emini gap above 3300 Big Round Number but buy climax
Emini and Forex Trading Update:Friday January 17, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini gapped above the 3,300 Big Round Number yesterday, but spent most of the day going sideways. It was in a weak bull channel, but it trended up strongly into the close. The […]
Emini breaking above 3300 Big Round Number
Emini and Forex Trading Update:Thursday January 16, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini has been in a Small Pullback Bull Trend for 4 months. That is a strong bull trend and the bulls have bought every 1 – 3 day selloff. Consequently, the downside risk […]
January Emini rally pausing on China tariff news
Emini and Forex Trading Update:Wednesday January 15, 2020 I will update again at the end of the day. Pre-Open market analysis Everybody knows that the Emini is in a buy climax on the daily chart. On the 5 minute chart, there was a huge Bear Major Surprise Bar yesterday at 10:40 pm PST. It was […]
Emini January rally is climactic but no top yet
Emini and Forex Trading Update:Tuesday January 14, 2020 I will update again at the end of the day. Pre-Open market analysis The Emini rallied from the open yesterday in a Small Pullback Bull Trend. After breaking to a new all-time high, there was some profit-taking and the rallied stalled. There was trend resumption up at […]
Emini small outside down day in tight January bull channel
Emini and Forex Trading Update:Monday January 13, 2020 I will update again at the end of the day. Pre-Open market analysis Friday was an outside down day on the daily chart. Since it came from the 3rd leg up over the past 2 weeks, the bears are hoping for at least a couple legs down […]
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 […]
