EminiForecaster Blog and Update History

Accurate Stock Market Forecasts for the Emini SP and other Futures

Archive for September, 2012

EMF Official Forecast

The offical EminiForecaster forecast for the trading week ending October 5th has been posted.

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

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

We have some reports on Monday morning so use caution there.  If we open above 1436.50 it is bullish. Below 1431.50 bearish. In between those levels, ranging is expected.

We are currently in a breakout mode so range expansion Monday or Tuesday is likely. Ranges have been narrow however, so the weekly range is expected to span from about the 1424 to about the 1448 area. These are minimum targets for the week.

Use caution as we had some pretty bearish reports last week and a continuing stream of bad reports will not bode well for this forecasted up cycle.

Next week we have a full report schedule starting with Monday, so be sure to check the reports as they will influence trading next week (http://eminiforecaster.com/members/membersblog/calendar.html).  Volatility is expected as a result.

We are currently playing with a range high volume areas bounded by 1435 and 1454. The minimum expected targets for the week are the 1459 region and the 1422.50 area below.

Wishing you the very best,

EMF Team

Thursday Forecast

The tentative EminiForecaster forecast for the trading week ending October
5th has been posted.

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

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

We have some reports in the morning so use caution there.  If we open
above 1432.75 it is bullish. Below 1444.25 bearish. In between those
levels, ranging is expected.

Next week we have a full report schedule, so be sure to check the reports
as they will influence trading next week
(http://eminiforecaster.com/members/membersblog/calendar.html).  Volatility
is expected as a result.

We are currently playing with a range high volume areas bounded by 1435
and 1454. The minimum expected targets for the week are the 1459 region and
the 1422.50 area below.

We will update these for you on over the weekend. Current week's forecast
is right on so far.

Wishing you the very best,

EMF Team

EMF Tentative Forecast

The tentative EminiForecaster forecast for the trading week ending October 5th has been posted.

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

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

We have some reports in the morning so use caution there.  If we open above 1432.75 it is bullish. Below 1444.25 bearish. In between those levels, ranging is expected.

Next week we have a full report schedule, so be sure to check the reports as they will influence trading next week (http://eminiforecaster.com/members/membersblog/calendar.html).  Volatility is expected as a result.

We are currently playing with a range high volume areas bounded by 1435 and 1454. The minimum expected targets for the week are the 1459 region and the 1422.50 area below.

I will update these for you on over the weekend.

Wishing you the very best,

EMF Team

Sunday Forecast

The official EminiForecaster forecast for the trading week ending

September 28th has been posted.

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

Our forecast is suggesting a pullback this week into Wednesday/Thursday and then an uptrend resume into the end of the week.

Next week we have GDP reports coming out on Thursday, that should move the market. Be sure to check our economic calendar frequently

(http://eminiforecaster.com/members/membersblog/calendar.html).

This week we could see highs as high as 1465 and a pullback into

1430.

Market has been moving in an uptrend with shorter pullbacks and aggressive moves higher, this is an indication of a strong uptrend and shorting this market can be proven costly. Use caution and go with the direction of least resistance.

In the trending environment market will find reasons to keeping moving higher whether it be iPhone 5 or elections. Average daily range has contracted to 12 points and volatility could return should we reverse the trend after the elections or in the beginning of the new year.

Wishing you the very best,

EMF Team

EMF Official Forecast

The official EminiForecaster forecast for the trading week ending September 21st is now posted.

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

We expect the market to test higher into Thursday afternoon Friday AM area and then head lower.

We see the 1426 region as the minimum downside target with 1491 as the upside.

The FOMC promised to print more money to the tune of 1/2 a trillion dollars per year and this sent the market reeling higher. We expect this bias to continue to push the market higher. This will be particularly true if we see buying early in the week. There are no reports to speak of on Monday and Tuesday with the bulk of reports only on Wednesday and Thursday. Be sure to keep an eye on the report schedule on the tabs on the forecaster (http://eminiforecaster.com/members/membersblog/calendar.html).

Volume continues to be a bit low though Friday’s volume was normal on the day and the weekly volume was just slightly below average. This is not exactly what one would expect for such a strong rally that we had following the FOMC minutes report release.  This might be slightly bearish, but if we do see buying early in the week this will be fairly confirming of the new run as new money must enter following a rally or a selloff is likely. This will be particularly true if we are cycling below about the 1454 area.

For Monday,  an open above 1462.75 is bullish, below 1456.75, bearish and in between neutral (indicating that ranging price discovery is more likely).

We wish you an excellent weekend!

EMF Team

Sunday Forecast

The official EminiForecaster forecast for the trading week ending
September 14th has been posted.

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

We are at a multi year highs and a pullback this week is what our program
is suggesting as of tonight.

Next week we have a fairly busy week on reports with most of the action
occurring each day. Be sure to check the calendar
(http://eminiforecaster.com/members/membersblog/calendar.html).

This week we could see highs as high as 1440-45 and a pullback into
1420s.

There are talks of more FED quantitative easing in the near future so this
could also propel the markets higher for the rest of the year.

This is an election year and as was stated in the begining of the year
markets tend to turn bullish and make new highs during these periods
leading up to the election.

Wishing you the very best,

EMF Team

Thursday Forecast

The tentative EminiForecaster forecast for the trading week ending
September 14th has been posted.

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

We are seeing market deviate from the forecast today due to European news
on Euro.

Tomorrow we can see a continuation of todays move and a consolidation.

We are at a multi year highs and a pullback next week is what our program
is suggesting as of tonight.

Next week we have a fairly busy week on reports with most of the action
occurring each day. Be sure to check the calendar
(http://eminiforecaster.com/members/membersblog/calendar.html).

Next week we could see highs as high as 1440-45 and a pullback into 1420s.
More levels on Sunday.

This is an election year and as was stated in the begining of the year
markets tend to turn bullish and make new highs during these periods
leading up to the election.

Wishing you the very best,

EMF Team