chartprofit.com

E-mini S&P 500 futures 10th March 2026

Posted on March 10, 2026 Written by Chart Prophet

I wrote 03/06 that the more time spent around the 6mn VAL (dashed) ‘the more likely we go lower’. Although there was no obvious Support I could identify I can see from same dataset that the 12mn VAL at 6670 was valid and was tested briefly on Monday, see second chart below. Interestingly, and encouragingly, there was a strong response below that level and ES rallied strongly.

read this post on Substack

I wrote yesterday ‘I am now watching to see where/if it finds value (time) down here‘ – for now, at least, it hasn’t. The 12mn VAL is associated with a LT price distribution of which the Control sits at 6853, a level we have been watching for some time.

What now? Bullish would be ES recovering the 6853 Major Control; LT Bearish would be time spent back around the 12mn VAL, currently at 6670.

E-mini S&P 500 futures 9th March 2026

Posted on March 9, 2026 Written by Chart Prophet

03/05 I wrote ‘I won’t look at new longs currently below the Control’ (6853). I wrote on Friday that the more time spent around the 6mn VAL (dashed) ‘the more likely we go lower – Bulls would hope for another bounce here’.

read this post on Substack

We didn’t get a bounce on Friday and ES closed at the VAL. Overnight there has been a sharp decline. As I wrote 03/03 there is ‘no obvious Support‘ – ES remains in a weak position and I am now watching to see where/if it finds value (time) down here.

E-mini S&P 500 futures 6th March 2026

Posted on March 6, 2026 Written by Chart Prophet

I wrote yesterday that 'Today, price relative to 6866.5 is worth monitoring'. That level was briefly tested early in the session but rejected. I also wrote 'I won't look at new longs currently below the Control' (6853). Yesterday's Value Area was … [Continue reading]

E-mini S&P 500 futures 5th March 2026

Posted on March 5, 2026 Written by Chart Prophet

Since mid-February price has been oscillating around and centred close to the Major Control at 6853. Even after the recent decline on global news price has found its way back to that level after a brief test of the 6mn VAL (dashed) on Tuesday proving … [Continue reading]

E-mini S&P 500 futures 4th March 2026

Posted on March 4, 2026 Written by Chart Prophet

I wrote yesterday 'There is a 6mn VAL just below 6740 (dashed line) but no obvious Support'. In Tuesday's RTH there was a test of that VAL and ES rallied. Overnight the Major Control at 6853 has been tested twice but not exceeded. This would be an … [Continue reading]

E-mini S&P 500 futures 3rd March 2026

Posted on March 3, 2026 Written by Chart Prophet

ES opened Monday's RTH close to 6810 in a weak position below the Major Control at 6853 but quickly rallied. Monday's Value Area was generated entirely above that level, see yesterday's highlighted comment on chart. read this post on … [Continue reading]

E-mini S&P 500 futures 2nd March 2026

Posted on March 2, 2026 Written by Chart Prophet

Price action over the last 8 trading days has been within the two levels given pre-RTH on 19th Feb, see highlighted note on chart. I added on 20th Feb, 'a break above/below those bands (6956 and 6853) might well indicate the next directional move' - … [Continue reading]

E-mini S&P 500 futures 27th February 2026

Posted on February 27, 2026 Written by Chart Prophet

I wrote yesterday 'ES is currently attempting to break higher' out of the 'Low-conviction zone between 6956 and 6853'. That didn't happen. From the RTH-open ES fell back through the zone and pre-RTH today has briefly tested 6853, the Major Control. … [Continue reading]

E-mini S&P 500 futures 26th February 2026

Posted on February 26, 2026 Written by Chart Prophet

Low-conviction zone between 6956 and 6853. ES is currently attempting to break higher and as I wrote 02/20 'A break above/below those bands might well indicate the next directional move'. read this post on SubstackST: Price relative to 6949.5 … [Continue reading]

E-mini S&P 500 futures 25th February 2026

Posted on February 25, 2026 Written by Chart Prophet

ES has rallied once again from the Major Support at 6853 but remains in the low-conviction zone between that level and 6956. read this post on Substack ES may be ready to break out of this range and as I wrote 02/20 'A break above/below those … [Continue reading]