Video duration 9min 37sec. Market outlook video reports for 2021: Market outlook for BitcoinMarket outlook for Bond futuresMarket outlook for Crude oilMarket outlook for S&P500 EminiMarket outlook for EURUSD ForexMarket outlook for Gold futures Video transcript Introduction Hi, everyone. I’m Al Brooks. Thank you so much for your attention. At the end of every day, […]
Emini January rally stalling at top of channel
Market Overview: Weekend Market Analysis SP500 Emini January rally stalling at the top of bull channels on the daily and monthly charts. Also, there is an ioi Breakout Mode pattern on the weekly chart. Traders should expect a pullback to around 3500 to begin in January. Bond futures broke below a 9-month trading range 2 […]
Emini strong January rally breakout above bull channel should fail
Market Overview: Weekend Market Analysis The SP500 Emini futures bull trend is strong and traders expect higher prices. But it is breaking above bull channels on the daily and monthly charts, and any breakout above bull channel typically fails by about 5 bars. The bond futures market is breaking below a 9-month triangle and a […]
Emini closed 2020 on high, and might gap to new high on yearly, monthly, weekly, and daily charts on Monday
Market Overview: Weekend Market Analysis The SP500 Emini futures chart closed 2020 at a new all-time high. That increases the chance of a gap up next week on the daily, weekly, monthly, and yearly charts. However, if there is a strong rally in early January, it will probably soon lead to a profit-taking pullback down […]
The Emini might finish 2020 at new all-time high
Market Overview: Weekend Market Analysis The SP500 Emini futures are at a measured move target, and there is a nested wedge top on the weekly chart. Also, the 5-week rally on the daily chart has not been very strong. Traders should expect a pullback to below 3500 to begin by early January after a possible […]
Emini risk of beginning a 10% correction into early January
Market Overview: Weekend Market Analysis The SP500 Emini futures market is rallying into the end of the year. But the bars on the daily chart are weak, and there is a nested wedge on the weekly chart. This increases the risk of a pullback to 3,500 starting by early January. The Bond futures weekly chart […]
Emini forming possible wedge top at end of year
Market Overview: Weekend Market Analysis The SP500 Emini futures might be forming a wedge top on the daily and weekly charts at yearend. But there might be one more new high before there is a reversal down. Bond futures have been in a tight trading range for 7 weeks, and they are at the apex […]
Emini nested wedge rally should reverse down in December
Market Overview: Weekend Market Analysis The SP500 Emini futures have rallied for a month, but there are problems with the rally on the daily, weekly, and monthly charts. There is a nested wedge rally at a measured move target on the daily chart. Traders should expect a pullback to below 3400 to begin in December. […]
Emini consecutive bear bars on weekly chart at September high
Market Overview: Weekend Market Analysis The SP500 Emini futures market is stalling at the September high. There are bear inside bar sell signals on the daily and weekly charts. Bond futures are trying to reverse up from a double bottom on the weekly chart. But because the bear channel has been tight, a trading range […]
Emini weak breakout above September all-time high
Market Overview: Weekend Market Analysis The SP500 Emini futures market broke to a new all-time high this week on an Emini weak breakout, and reversed back down. The Emini will probably have to go sideways for several more days before traders will decide if the Emini will resume up or reverse down. Bond futures on […]