The Official EminiForecaster forecast for the trading week ending May 24th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php

There are no changes to the forecast.  We expect the market to decline next week into Thursday and then rise from there.

This last week’s forecast is incorrect for the first two days of the week. The market traded below our key pivot level briefly on Monday and then traded higher all week.  With non stop money printing by the Fed, the market continues higher. So, as was the case with last week, unless we cycle below our key area of 1656 or so, the market will remain in a bullish state and the forecast will be wrong. Cycling below this key area will be bearish and this is why I publish these levels each week.

Monday, we will want to see an open above 1660.75 to be bullish, If we open below 1652.75 this is bearish. In between  these levels is neutral and may invite ranging.

We have a very thin report schedule next week with reports on Thursday and Friday. Be sure to check the schedule: http://eminiforecaster.com/members/membersblog/calendar.html).

The minimum expected targets for the week as of this writing are the 1680 region above and the 1634 area below.  These levels operate on about a 70% probability level over time.

Wishing you the very best,

EMF Team

Note: Please remember your billing on your credit card statement will now read Axiom Research and Trading. If you see this, please remember so you know who it is.

The Tentative EminiForecaster forecast for the trading week ending May 24th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php  (click “Next Week”)

There are no changes to the forecast.  We expect the market to decline next week into Thursday and then rise from there.

This last week’s forecast is incorrect. The market traded below our key pivot level briefly and then traded higher all week (up to today).

We currently see the market as bearish when cycling below 1649.50 and bullish above it. Be aware this is a key pivot area.

Tomorrow we will want to see an open above 1657.75 to be bullish, If we open below 1652.50 this is bearish. In between  these levels is neutral and may invite ranging.

We have a very thin report schedule next week with reports on Thursday and Friday. Be sure to check the schedule: http://eminiforecaster.com/members/membersblog/calendar.html).

The minimum expected targets for the week as of this writing are the 1678 region above and the 1627 area below.  These levels operate on about a 70% probability level over time.

More on the weekend.

Wishing you the very best,

EMF Team

The Official EminiForecaster forecast for the trading week ending May 17th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php

There are noc hanges to the forecast.  We expect the market to decline next week into Wednesday and then rise from there.

This last week’s forecast is correct.

We currently see the market as bearish below 1626.50 and bullish above it. Be aware this is a key pivot area.

Monday AM we will want to see an open above 1627 to be bullish, If we open below 1622.25 this is bearish. In between  these levels is neutral and may invite ranging.

We have a busy report schedule next week with reports each day of the week. Be sure to check the schedule: http://eminiforecaster.com/members/membersblog/calendar.html).

The minimum expected targets for the week as of this writing are the 1664 region above and the 1587 area below.  These levels operate on about a 70% probability level over time.

Wishing you the very best,

EMF Team

Note: Please remember your billing on your credit card statement will now read Axiom Research and Trading. If you see this, please remember so you know who it is.

The Tentative EminiForecaster forecast for the trading week ending May 17th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php (click “Next Week”)

We expect the market to decline next week into Wednesday and then rise from there.

This last week’s forecast is correct.

We currently see the market as bearish below 1626.50 and bullish above it. Be aware this is a key pivot area.

Tomorrow AM we will want to see an open above 1628.50 to be bullish, If we open below 1622.25 this is bearish. In between  these levels is neutral and may invite ranging.

We have a busy report schedule next week with reports each day of the week. Be sure to check the schedule: http://eminiforecaster.com/members/membersblog/calendar.html).

The minimum expected targets for the week as of this writing are the 1645 region above and the 1607 area below.  These levels operate on about a 70% probability level over time.

More on the weekend.

Wishing you the very best,

EMF Team

The Official EminiForecaster forecast for the trading week ending May 10th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php

There are no changes to the forecast.  We expect the market to rise next week into Thursday and then decline from there.

This last week’s forecast is correct with the low coming in a bit late.

We currently see the market as bearish below 1600 and bullish above it. Be aware this is a key pivot area.

Monday AM we will want to see an open above 1613.25 to be bullish, If we open below 1609.50 this is bearish. In between  these levels is neutral and may invite ranging.

We have a thin report schedule next week with no reports on Monday and Friday. Be sure to check the schedule: http://eminiforecaster.com/members/membersblog/calendar.html).

This report schedule could lead to consolidation. This is especially true since we are hovering at new highs as there may be little force to propel us higher.

The minimum expected targets for the week as of this writing are the 1618 region above and the 1586 area below.  These levels operate on about a 70% probability level over time. This system is suggesting limited upside for the week and this is probably due to the range expansion upward. For this reason, consolidation this week may also be expected.

Wishing you the very best,

EMF Team

Note: Please remember your billing on your credit card statement will now read Axiom Research and Trading. If you see this, please remember so you know who it is.

The Tentative EminiForecaster forecast for the trading week ending May 10th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php (click “Next Week”)

We expect the market to rise next week into Thursday and then decline from there.

This last week’s forecast is correct with the low coming in a bit late (yesterday’s close).  The market is currently at or near new highs following today’s upward price action.

We currently see the market as bearish below 1582 and bullish above it. Be aware this is a key pivot area.

Tomorrow AM we will want to see an open above 1594 to be bullish, If we open below 1587 this is bearish. In between  these levels is neutral and may invite ranging.

We have a thin report schedule next week with no reports on Monday and Friday. Be sure to check the schedule: http://eminiforecaster.com/members/membersblog/calendar.html).

This report schedule could lead to consolidation. This is especially true if we are hovering at new highs as there may be little force to propel us higher.

The minimum expected targets for the week as of this writing are the 1609 region above and the 1564 area below.  These levels operate on about a 70% probability level over time.

More on the Weekend.

Wishing you the very best,

EMF Team

Note: Please remember your billing on your credit card statement will now read Axiom Research and Trading. If you see this, please remember so you know who it is.

The Official EminiForecaster forecast for the trading week ending May 3rd has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php

There are no changes tot eh forecast. We expect the market to decline next week into Wednesday and then rise from there.

This last week’s forecast is more-or-less on target with the turn coming slightly late. We hit our weekly target Thursday and began turning down. If we open below 1575.25 Monday, this will be bearish.

We currently see the market as bearish below 1573.25 and bullish above it. Be aware this is a key pivot area.

Monday AM we will want to see an open above 1579.50 to be bullish, If we open below 1575.25 this is bearish. In between  these levels is neutral and may invite ranging.

We have a very busy report schedule next week with reports on every day. Be sure to check the schedule: http://eminiforecaster.com/members/membersblog/calendar.html).

The minimum expected targets for the week as of this writing are the 1619 region above and the 1535 area below.  These levels operate on about a 70% probability level over time.

Wishing you the very best,

EMF Team

Note: Please remember your billing on your credit card statement will now read Axiom Research and Trading. If you see this, please remember so you know who it is.

The Tentative EminiForecaster forecast for the trading week ending May 3rd has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php (click “Next Week”)

We expect the market to decline next week into Wednesday and then rise from there.

This week’s forecast is more-or-less on target. We hit our weekly target today and began turning down. If we open below 1579.75 tomorrow this will be bearish.

Volatility has been on the rise recently and this is bearish.

We currently see the market as bearish below 1573.25 and bullish above it. Be aware this is a key pivot area.

Tomorrow AM we will want to see an open above 1585.75 to be bullish, If we open below 1579.75 this is bearish. In between  these levels is neutral and may invite ranging.

We have a very busy report schedule next week with reports on every day. Be sure to check the schedule: http://eminiforecaster.com/members/membersblog/calendar.html).

The minimum expected targets for the week as of this writing are the 1619 region above and the 1539 area below.  These levels operate on about a 70% probability level over time.

More over the weekend.

Wishing you the very best,

EMF Team

Note: Please remember your billing on your credit card statement will now read Axiom Research and Trading. If you see this, please remember so you know who it is.

The Official EminiForecaster forecast for the trading week ending April 26th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php

There are no changes to the forecast. We expect the market to rise next week into Wednesday and then decline from there.

This week’s forecast is a little late overall in turning but if we open bullish in the AM more upside is expected. This is bearish.

Volatility has risen this week and this is bearish.  The lowest low of the last 5 weeks is 1529.50 and we are near that as of today’s low. Friday we rallied.  If we have a bullish open and or see buying early on Monday it will be bullish as forecasted.

We have pattern of the FOMC scheduling many speeches recently and this has had minimal bullish impact. This is also bearish. Earnings still continue to come in about as expected overall.  Earnings take priority over scheduled reports in general.

We currently see the market as bearish below 1546 and bullish above it. We are currently right at or near this level which is neutral for now.

Monday AM we will want to see an open above 1550 to be bullish, If we open below 1543 this is bearish. In between  these levels is neutral and may invite ranging.

We have a fairly thin report schedule next week but there is at least one key report each trading day. Be sure to check the schedule: http://eminiforecaster.com/members/membersblog/calendar.html).

The minimum expected targets for the week as of this writing are the 1584 region above and the 1497 area below.  These levels operate on about a 70% probability level over time.

Wishing you the very best,

EMF Team

Note: Please remember your billing on your credit card statement will now read Axiom Research and Trading. If you see this, please remember so you know who it is.

The Tentative EminiForecaster forecast for the trading week ending April 26th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php  (click Next Week)

We expect the market to rise next week into Wednesday and then decline from there.

This week’s forecast is a little late overall in turning but if we open bullish in the AM more upside is expected.

Volatility has risen this week and this is bearish.  The lowest low of the last 5 weeks is 1529.50 and we are near that as of today’s low.  A bearish day tomorrow may change next week’s forecast.

We have pattern of the FOMC scheduling many speeches recently and this has had minimal bullish impact. This is also bearish. Earnings still continue to come in about as expected overall.  Earnings take priority over scheduled reports in general.

We currently see the market as bearish below 1546 and bullish above it. We are currently below this which is bearish for now.

Tomorrow AM we will want to see an open above 1544 to be bullish, If we open below 1535 this is bearish. In between  these levels is neutral and may invite ranging.

We have a fairly thin report schedule next week but there is at least one key report each trading day. Be sure to check the schedule: http://eminiforecaster.com/members/membersblog/calendar.html).

The minimum expected targets for the week as of this writing are the 1584 region above and the 1483 area below.  These levels operate on about a 70% probability level over time.

More on the weekend…

Wishing you the very best,

EMF Team

Note: Please remember your billing on your credit card statement will now read Axiom Research and Trading. If you see this, please remember so you know who it is.