The Emini sold off at the open and then again from a wedge bear flag at 8 a.m. It traded down in a bear channel until noon, when it reversed up from a lower low major trend reversal. End of day comments about today’s Emini price action and day trading Today is a Friday, so […]

The rally on the open formed a lower high major trend reversal of yesterday’s bull channel. The Emini then sold off and formed double bottom with the open. The reversal up was a higher low major trend reversal of the 3 day bear trend. End of day comments about today’s Emini price action and day […]

The Emini reversed up from below yesterday’s low. It stalled at a measured move up from the low to the open of the day, and at the bear trend line, and the 60 minute moving average, but then rallied into the close. End of day comments about today’s Emini price action and day trading The […]

The Emini reversed up from the bottom of its two week trading range, but then broke to a new low of the day and fell below the July high. It rallied into the close off of the support of the July high and the daily moving average. End of day comments about today’s Emini price […]

The Emini sold off from Friday’s wedge top and formed a trending trading range day. It rallied back into the upper range at the end of the day. End of day comments about today’s Emini price action and day trading The Emini fell from a lower high major trend reversal after yesterday’s wedge top. All […]

After yesterday’s sell climax, the Emini reversed up strongly from a wedge bottom that formed just above last week’s low. End of day comments about today’s Emini price action and day trading The Wedge bottom was followed by a strong rally that tested a measured move up, and the Emini closed above the open of […]

The S&P500 Emini rallied strongly on the open to a new high, but like all of the new highs over the past two weeks, there were enough sellers to turn the stock market back down. The rally was just a buy vacuum test of resistance (the new high and the top of the channel). The […]

The S&P500 Emini sold off from the first bar with an expanding triangle trend reversal. End of day comments about today’s Emini price action and day trading The Emini sold off from the first bar of the day with an expanding triangle trend reversal, but then bounced up off of the 60 minute moving average […]

The Emini reversed down on the open from above the all-time high, which was also the high of last week and last month. It reversed back up from just above yesterday’s low. End of day comments about today’s Emini price action and day trading The Emini is overbought on all time frames and can correct […]