Al Brooks Price Action: Bulls are disappointed
The bulls were hoping for an outside up month, but failed. I said that whatever happened today, there would probably be disappointment for the...
DAX Daily Update – June 1st – Bearish Rebound
On Tuesday normal trading came back and investors had to deal with resistance on S&P500 at 2,100 pts. This level was a real problem...
DAX Daily Update – May 31st – Flat Session
As expected, lack of US and UK investors caused boring session. However DAX score (+0.46%) is still good for bulls. On Monday’s afternoon we...
DAX, S&P500 Weekly Update – May 30th – End of Correction
Both DAX and S&P500 improved their technical situation, but the hardest tasks are still ahead. Last week there was FED president Jannet Yellen speech...
Al Brooks Price Action: Emini weekly update
Monthly S&P500 Emini futures candlestick chart: Strong reversal up from sell signal
The monthly S&P500 Emini futures candlestick chart triggered a sell signal in early...
DAX Daily Update – May 25th – Bulls Strike Again
Looking at Tuesday’s chart we could have feeling that some big player wanted to cause weakness on indices during last sessions. On Tuesday US...
Al Brooks Price Action: Potential high on S&P500?
The Emini rallied strongly for the 1st hour, and then entered a trading range, which is a breakout mode setup for either trend resumption...
DAX Daily Update – May 24th – Nihil Novi
The biggest volatility on DAX happened in first three hours of trading. Despite EU PMI data this volatility was connected with S&P500 behaviour. In...
DAX Weekly Update – May 23rd – Inside Bar
Last week investors were surprised by hawkish FOMC minutes. The day before that the probability of hiking rates in June was very low. However...
Al Brooks Price Action: Emini weekly update
Monthly S&P500 Emini futures candlestick chart: Weak sell signal
Regarding the monthly S&P500 Emini futures candlestick chart, I have been saying since the end of...