We’ve heard from a lot of our traders that the 6-Candle rule has completely transformed their trading and given them more confidence in their decisions. This rule will take some discipline to implement, but it can be a total game changer in your trade management. 

Of all the possible levels the September E-mini S&P 500 Index could have settled to, and to the quarter point there were 354 spots included in the trading range yesterday -- not to mention all possible levels outside the day’s trading range. Instead of any other possibility, the futures contract settled EXACTLY where it opened.

A bullish market for gold?

EUR/GBP vulnerable, bears eyeing 6-year lows at .7760.

EUR/GBP vulnerable, bears eyeing 6-year lows at .7760.

We saw some spotty technical developments earlier this month that warned of a possible break in the bullish advance. There was no immediate breakdown and instead, on Friday Nov. 21, the U.S Dollar Index jumped to a new 4-year high.

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.

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.

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.

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.