Brooks Trading Course

Trading Update: Thursday October 8, 2026 S&P E-mini market analysis E-mini daily chart The E-mini tested 7,900 on October 6, and today it formed a fairly deep pullback, testing below 7,800. The bears are hoping that today is strong enough to form a reversal bar and that they are successfully creating a double top with the August prior all-time high. More like...

Trading Update: Wednesday October 7, 2026 S&P E-mini market analysis E-mini daily chart Yesterday formed a bull bar closing below its midpoint after testing within 3 points of the 7,900 round number. Even though yesterday sold off, it is still a bull bar, and because the market formed a 4-bar bull micro channel, the odds favor buyers below yesterday’s low. To...

Trading Update: Tuesday October 6, 2026 S&P E-mini market analysis E-mini daily chart The daily chart of the E-mini has rallied for the past couple of days. Bulls gapped up today and are getting an upside breakout above the September 22 high. The rally up to September 22 was strong enough that the odds favored a second leg up. The bulls are expecting a tes...

Trading Update: Monday October 5, 2026 S&P E-mini market analysis E-mini daily chart The E-mini daily chart is getting a second leg up after last Friday’s pause. The Bulls will see this as the 2nd leg up after the September rally that began on the 16th and ended on September 21st. October 1st formed a bull reversal bar, and last Friday gapped up and then hesita...

Market Overview: S&P 500 E-mini Futures

The S&P 500 E-mini bulls want another leg up toward the measured move target around 8000. Bears see any move higher as forming the third leg of an embedded wedge pattern (the first two legs being June 1 and August 13).

S&P500 E-mini futures The Monthly E-mini chart