Trading Update: Tuesday March 15, 2022 Emini pre-open market analysis Emini daily chart Emini double bottom reversal up from March 8 low after bears close tested the low. The bulls hope yesterday’s selloff will form a double bottom with the March 8 low and lead to a reversal. Currently, the market is in a triangle […]
Emini breakout mode with double top and double bottom on daily chart
Al added some comments Market Overview: Weekend Market Analysis SP500 Emini Breakout Mode with both double top and double bottom flags on the daily chart. There is a 50% chance of a successful bull breakout and a 50% chance of a successful bear breakout. The EURUSD Forex is in a 2 week tight trading range. […]
Emini double top bear flag forming after double bottom bull flag
Market Overview: Weekend Market Analysis The SP500 Emini futures market is in a trading range with both an Emini double top bear flag and a double bottom bull flag. There is a 50% chance that a 15% correction is underway. The EURUSD Forex has weak bear follow-through on the weekly chart. It should test the […]
Emini pullback from May double bottom rally more likely than double top
Emini and Forex Trading Update:Monday May 24, 2021 Pre-Open market analysis of daily chart Double bottom rally and double top since May 12, so Breakout Mode. 6-week trading range so Breakout Mode. Bulls have slight advantage because yearlong bull trend, and reversal up after a reversal down 2 weeks ago. A 2nd reversal is higher […]
