Emini and Forex Trading Update:Friday November 8, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was another bull day in a 6 bar tight trading range. The Emini is still going up and it might accelerate. Until midday yesterday, this week was likely to sell off to below […]
Emini buy signal bar but at top of November wedge
Emini and Forex Trading Update:Thursday November 14, 2019 I will update again at the end of the day. Pre-Open market analysis Tuesday was a bad sell signal bar on the daily chart for the micro wedge top. Yesterday gapped down and triggered the sell signal, but then rallied for 4 hours. There was a late […]
Emini micro wedge top at 3100 big round number
Emini and Forex Trading Update:Wednesday November 13, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini yesterday accomplished the 2 goals that I said were likely. The bulls got a breakout above 3100 and above Thursday’s high. As expected, many bulls took some profits. There is now a […]
Emini high 1 bull flag but November pullback likely
Emini and Forex Trading Update:Tuesday November 12, 2019 Pre-Open market analysis The Emini gapped down yesterday but then rallied. It was a bull bar on the daily chart and it is a High 1 bull flag buy signal bar for today. Many bulls are waiting to take profits above 3100. Therefore 3100 is a magnet […]
Emini High 1 bull flag but consecutive wedge buy climaxes
Emini and Forex Trading Update:Monday November 11, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini formed a bull reversal day on Friday. Friday is now a High 1 bull flag buy signal bar for today in a strong bull trend on the daily chart. Because the rally […]
Emini consecutive parabolic wedge tops so November pullback likely
Market Overview: Weekend Market Update The Emini is in a strong bull trend. This will probably continue through the end of the year. But the rally has been climactic. That will probably attract profit takers within a couple weeks. If so, traders should expect a 50 – 100 point selloff and then a resumption of […]
TradersEXPO Las Vegas
Saturday November 9, 2019
Al Brooks: Strategies Workshops Al will present two strategies workshops in November. The events are free of charge and part of a 3-day TradersEXPO trading event at Bally’s and Paris Resorts in Las Vegas, Nevada, USA. Workshop #1: Trading Bear Channels When: Saturday November 9, 2019, 8:00am – 8:45am PST Based on his 30+ years […]
Emini buy climax testing 3100 before 2 week pullback
Emini and Forex Trading Update:Thursday November 7, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini sold off early yesterday on China trade news, but the strong bull trends on the daily and weekly charts were more important. The day reversed up and it is a buy signal […]
Emini buy climax testing 3100 Big Round Number
Emini and Forex Trading Update:Wednesday November 6, 2019 I will update again at the end of the day. Pre-Open market analysis I said on Monday that Tuesday was likely to trade below Monday’s low, and it did. This is because there has been a pullback every few days in the 5 week rally. With Monday […]
Emini breakout above July high but brief pullback this week
Emini and Forex Trading Update:Tuesday November 5, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini gapped up again yesterday but traded in a small trading range. It was sloped downward and it was also a broad bear channel. Traders are still debating when and if Friday’s gap […]
