Emini and Forex Trading Update:Wednesday October 23, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was an outside down day on the daily chart and it closed near its low. It broke above a 5 day wedge top and reversed down. It is therefore a sell signal bar […]
Emini weak High 1 bull flags on daily and weekly charts
Emini and Forex Trading Update:Tuesday October 22, 2019 I will update again at the end of the day. Pre-Open market analysis Friday was a High 1 bull flag buy signal bar on the daily chart. But Friday had a bear body and it was the 3rd consecutive doji bar. That is a weak buy setup. […]
Emini weak High 1 bull flag buy signal bar
Emini and Forex Trading Update:Monday October 21, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini traded below Thursday’s low on Friday and triggered a sell signal after a 5 day wedge top. Although the Emini sold off strongly, it reversed up midday and the day closed near […]
Emini October wedge rally testing July all time high
Market Overview: Weekend Market Update The Emini is again stalling around 3,000, just below the all-time high. Traders need more information before they decide between a new high and a pullback. That increases the chance of more sideways trading next week. The 30 year Treasury bond futures chart is near the bottom of a developing […]
Emini small wedge top but weak weekly buy signal
Emini and Forex Trading Update:Friday October 18, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini reversed down from above Tuesday’s high yesterday and formed a bear doji bar on the daily chart. It is now a weak sell signal bar for a 5 day wedge top. It […]
Emini inside bar at top of 4 month trading range
Emini and Forex Trading Update:Thursday October 17, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was a trading range day and a small inside day. The bulls see it as a High 1 bull flag buy signal bar. But the 3 week rally has had 3 pushes up. […]
Emini triggered weak October High 1 bull flag buy signal
Emini and Forex Trading Update:Wednesday October 16, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini began yesterday with a bull trend from the open. This then evolved into a trading range after testing above 3,000, last week’s high, and the open of the month. By going above […]
Emini trading range price action in October so far
Emini and Forex Trading Update:Tuesday October 15, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday traded below Friday’s low, which triggered a minor sell signal on the daily chart. Since yesterday was a small trading range day, it was a weak entry bar for the bears. It was […]
Emini weekly buy signal bar but top of trading range
Emini and Forex Trading Update:Monday October 14, 2019 I will update again at the end of the day. Pre-Open market analysis Last week was a bull candlestick on the weekly chart. It is therefore a buy signal bar for this week. But the prior 3 weeks had bear bodies and the chart has been sideways […]
Emini extreme intraday volatility increases chance of October big move
Market Overview: Weekend Market Update The Emini has been sideways for 4 months. Traders expect an eventual bull breakout because of the bull trends on the weekly and monthly charts. The 30 year Treasury bond futures market had a buy climax in August. It will probably be sideways for at least several more weeks. The […]
