Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Thursday, March 10, 2016.

Bar 1 - Always in long, big bull bar but tails, limit order market, sellers scaling in above, buyers below, both scalping, sellers above or probably sellers at the high of the bar scaling in higher, buy below or probably buyers at the low of the bar scaling in lower 
Bar 3 - Two legged pullback in a bull move but bear bar, tight trading range, big bars, limit order market, sellers scaling in above, buyers below, both scalping 
Bar 4 - Breakout, more up 
Bar 7 - Trend from the first bar bull, 11 bar bull microchannel, but test last week’s lower high and possible parabolic wedge top. Might be buy below or probably buyers at the low of the bar scaling in lower, but possible high of the day 
Bar 9 - Follow through bear body, probably always in short and sellers above or probably sellers at the high of the bar scaling in higher, but big up, big down so sideways to am likely 
Bar 10 - Hit 7 low but did not get above so trapped scale in bulls, more down. 60 minimum or minutes double top lower high major trend reversal 
Bar 12 - Gap, possible mmd to low of the day and 60 minute 20 bar exponential moving average 
Bar 13 - Big bear bar, sell vacuum test of support test low of the day and 60 minute 20 bar exponential moving average. Might bounce at 60 minute 20 bar exponential moving average and from trading range so bears need wide stop above 10. If trading range, target for bulls is top of 13 sell climax 
Bar 14 - Big tail at 60 minute 20 bar exponential moving average and apex of yesterday possible triangle. Trading range likely. Target for bears is yesterday double bottom 47 71, target for bulls 13 high 
Bar 16 - Breakout pullback sell or short for test below double bottom, then possible trading range day and test open of day 
Bar 19 - Wedge 1 14, fail, failure breakout double bottom, but 2 big bear bars so better to wait for a strong bull breakout, or more buying pressure and second entry buy. Probably trading range day and probably will test open of day later in day. Bulls need better bottom. Minor trend reversal so trading range more likely 

The E-mini's S&P 500 dominant price action feature today was the failed breakout above yesterday’s high and then the consecutive sell climaxes that led to a major trend reversal up. More bar-by-bar analysis, daily webinar and trading course info can be found here and also here.