EminiForecaster Blog and Update History

Accurate Stock Market Forecasts for the Emini SP and other Futures

Archive for November, 2012

EMF Tentative Forecast

The Tentative EminiForecaster forecast for the trading week ending December 7th has been posted.

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

We expect the market to rise into Tuesday / Wednesday and then decline from there.

We did trade lower as expected, but the cycle low came in a day early.

This season often brings with it an upside bias in the market. However, this is typically accompanied by relatively low volatility. The ranges are expanded and this is often bearish. As ranges contract, we can often expect the market to rally. Under the current environment, some downside is expected.

Due to missing two days last week, it makes forecasting more difficult, as the forecaster has significantly less data to work with in doing its job. It may therefore, be more likely that the Official forecast could change as more data comes in tomorrow.

Next week’s report schedule is fairly full. Be sure to check the reports that will impact trading next week
(http://eminiforecaster.com/members/membersblog/calendar.html).

We are currently playing with a range / high volume areas bounded by 1407 and 1428.  Watch for potential reversals at about these levels. We are currently bullish above the 1406 level.

The minimum expected targets for the week as of this writing are the 1452 region and the 1371 area below.

Tomorrow, if we open above 1416.50 it is bullish. Below 1412.75 bearish. In between those levels, ranging is expected.

We will update the numbers again this weekend-

Wishing you the very best,

EMF Team

EMF Tentative / Official Forecast

The Official EminiForecaster forecast for the trading week ending November 30th has been posted.

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

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

We did trade higher as expected this last week.

Next week’s report schedule is fairly full. Be sure to check the reports that will impact trading next week
(http://eminiforecaster.com/members/membersblog/calendar.html).

We are currently playing with a range / high volume areas bounded by 1378 and 1406.  There is another high volume area at about 1352.

The minimum expected targets for the week are the 1435 region and the 1360 area below.

Monday, if we open above 1402 it is bullish. Below 1395 bearish. In between those levels, ranging is expected.

We hope you had an excellent holiday.  Wishing you the very best in your trading week.

EMF Team

EMF Official Forecast

The Official EminiForecaster forecast for the trading week ending November 23rd has been posted.

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

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

Be advised this is a holiday week and trading is closed on Thursday and is a half day on Friday.  As a result, we expect the market to be up into the holiday.  The forecast for that week will be posted on Sunday the 25th.

We did trade lower as expected this last week and tested the forecasted low today (Friday).  We expect the market to turn higher from here.

Next week’s report schedule is fairly light. Be sure to check the reports that will impact trading next week (http://eminiforecaster.com/members/membersblog/calendar.html).

Being a holiday week, trading may be fairly thin as traders vacation.

We are currently playing with a range / high volume areas bounded by 1349.50 and 1378.50.  Above the 1350 level, I see us as bullish.

The minimum expected targets for the (shortened trading) week as of right now are the 1374.25 region and the 1326.50 area below.

Monday, if we open above 1359.25 it is bullish. Below 1347.50 bearish. In between those levels, ranging is expected.

Wishing you the very best in your trading week.  We would also like to wish you a very Happy Thanksgiving!

EMF Team

EMF Tentative Forecast

The tentative EminiForecaster forecast for the trading week ending November 23rd has been posted.

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

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

Be advised this is a holiday week and trading is closed on Thursday and is a half day on Friday.  As a result, we expect the market to be up into the holiday.  The forecast for that week will be posted on Sunday the 25th.

We did trade lower as expected this week and tested the forecasted low today.  We expect the market to turn higher from here.

Next week’s report schedule is fairly light. Be sure to check the reports that will impact trading next week (http://eminiforecaster.com/members/membersblog/calendar.html).

Being a holiday week, trading may be fairly thin as traders vacation.

We are currently playing with a range / high volume areas bounded by 1349.50 and 1464.50.  Above the 1350 level, I see us as bullish.

The minimum expected targets for the week as of right now are the 1383.50 region and the 1319 area below.

Tomorrow, if we open above 1354 it is bullish. Below 1347 bearish. In between those levels, ranging is expected.

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 November
16th has been posted.

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

We expect the market to decline further into the middle of the week and
then bounce from there.

Tomorrow (Monday) is a holiday so the markets will be closed.

The elections this week have resulted in some volatility as was expected
and talked about in previous emails.

Be sure to check the reports that will impact trading next week
(http://eminiforecaster.com/members/membersblog/calendar.html). 
Volatility
may be low in the absence of reports.

We are looking for at least 1350 lows next week and 1335 thereafter.

CPI is out this week and could create some volatility as well this week.

Wishing you the very best,

EMF Team

Thursday Forecast

The tentative EminiForecaster forecast for the trading week ending November
16th has been posted.

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

We expect the market to decline further into the middle of the week and
then bounce from there.

We are seeing the market decline a bit ahead of our current weeks
forecast.

The elections this week have resulted in some volatility as was expected
and talked about in previous emails.

 Be sure to check the reports that will impact trading next week
(http://eminiforecaster.com/members/membersblog/calendar.html).  Volatility
may be low in the absence of reports.

We are looking for at least 1350 lows next week and 1335 thereafter.

Tomorrow we expect a high range bound day going into the weekend as people
balance their portfolios.

More info on Sunday

Wishing you the very best,

EMF Team

EMF Official Forecast

The official EminiForecaster forecast for the trading week ending November 9th 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 the Wednesday Thursday area and then decline from there.

We did trade higher off the 1398 level as forecasted and are now going higher following the market closure for two days that left a blank zone on the forecaster. When the forecaster algorithm is missing substantial amounts of data by the missing of two trading days in a week, it makes forecasting more difficult.  We also have an election this week that may have an impact on trading and may increase volatility.  Additionally, next week’s report schedule is fairly light. Be sure to check the reports that will impact trading next week (http://eminiforecaster.com/members/membersblog/calendar.html).  Volatility may be low in the absence of reports.

We are currently playing with a range / high volume areas bounded by 1407.50 and 1436.  Above the 1398 level, I see us as bullish.

The minimum expected targets for the week as of right now are the 1435 region and the 1400 area below.  Due to the unknowns that face us in the coming week and the lack of data mentioned above. If we cycle below 1395 it could be very bearish.

Tomorrow, if we open above 1429.00 it is bullish. Below 1412.75 bearish. In between those levels, ranging is expected.

Wishing you the very best,

EMF Team

EMF Tentative Forecast

The tentative EminiForecaster forecast for the trading week ending November 9th has been posted.

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

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

We did trade higher off the 1398 level as forecasted and are now going higher following the market closure for two days that left a blank zone on the forecaster.

Next week’s report schedule is fairly light and we have an election that may cause a bit of volatility. It is expected the market will likely rally into this event. Be sure to check the reports that will impact trading next week (http://eminiforecaster.com/members/membersblog/calendar.html).  Volatility may be low in the absence of reports.

We are currently playing with a range / high volume areas bounded by 1407.50 and 1436.  Above the 1398 level, I see us as bullish.

The minimum expected targets for the week as of right now are the 1454 region and the 1394 area below.

Tomorrow, if we open above 1423.25 it is bullish. Below 1419.50 bearish. In between those levels, ranging is expected.

I will update these for you on over the weekend.

Wishing you the very best,

EMF Team