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E-mini S&P 500 futures 16th March 2026

Posted on March 16, 2026 Written by Chart Prophet

Seven consecutive Value Areas generated entirely below the Major Control at 6853. That’s not great in LT. As I’ve previously written – I won’t look at new longs below that level.

read this post on Substack

I wrote on Friday ‘ES needs to bounce back – more time around 6670 (12mn VAL) and a Control could develop at that level which would be a further negative’. The VAL was revisited on Friday but ES has rallied overnight. In the ST, it would be good for the Bull case if ES did not test that level again today – a start at least.

E-mini S&P 500 futures 13th March 2026

Posted on March 13, 2026 Written by Chart Prophet

Thursday’s Value Area was generated just above the 12mn VAL at 6670 (dashed line on char). ES needs to bounce back – more time around 6670 and a Control could develop at that level which would be a further negative.

read this post on Substack

In any event, I won’t look at new longs below the current Major Control at 6853, see note 03/05. In the ST, ES needs to recover the 12-day Control at 6790.5 to give even a minor positive indication.

E-mini S&P 500 futures 12th March 2026

Posted on March 12, 2026 Written by Chart Prophet

ES has generated 5 consecutive Value Areas entirely below the Major Control at 6853, see chart, which is not great. 03/05 I wrote 'I won't look at new longs currently below the Control'(6853). It's a weak position in the longer time-frame. read … [Continue reading]

E-mini S&P 500 futures 11th March 2026

Posted on March 11, 2026 Written by Chart Prophet

I wrote yesterday 'Bullish would be ES recovering the 6853 Major Control'. You can see in yesterday's RTH that ES approached that Resistance but did not exceed it. 03/05 I wrote 'I won't look at new longs currently below the Control' (6853). That … [Continue reading]

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, … [Continue reading]

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 … [Continue reading]

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]