Market Overview: S&P 500 Emini Futures S&P 500 Emini pullback on weekly chart. Bulls want a re-test of the March 29 high and a continuation higher to re-test the trend extreme. Bears want a reversal lower from a double top bear flag with the February high. Odds slightly favor a second leg sideways to up after the […]
Emini futures pause after testing February 2 high
Market Overview: S&P 500 Emini futures The S&P 500 Emini futures pause after testing the February 2 high this week on the weekly chart pulling back slightly to close below it. The bulls hope that this is simply a pause before the trend resumes higher to test the January high. The bears want the Emini to stall […]
Emini pulling back into the end of October
Trading Update: Thursday October 28, 2021 Emini pre-open market analysis Emini daily chart Yesterday triggered a minor sell signal by trading below Tuesday’s low. Since it came in a strong bull trend, the reversal down should be only a few days days. Because yesterday closed on its low with the Emini pulling back, reversing down […]
