posted 9.10 a.m. est Pre-open Wednesday 5th May Early in Tuesday’s session ES consolidated below the 1183.50 poc and then fell quickly towards the next level of support at 1161.50 (see Monday’s pre-open comment). Pre-open today ES has edged down closer to that level reaching a low of 1162.50 as I write. If the support […]
Archives for May 2010
S&P 500 emini pre-open Tuesday 4th May
posted 8.55 a.m. est Pre-open Tuesday 4th May Yesterday’s comments are relevant. First Level Support at 1183.50 and First Level Resistance at 1202.5 pretty much capped the low and high on Monday so there was no clue to the strength of directional conviction from Buyers or Sellers. Note that on Tuesday and Friday last week […]
S&P 500 emini pre-open Monday 3rd May
posted 9.30 a.m. est Pre-open Monday 3rd May Last week I marked two instances of Significant Selling and no Significant Buying. This was the first Significant Selling in six weeks. As noted pre-open Friday, the poc (from the start of April) migrated to 1202.50. Early in Friday’s session ES formed a lower intraday high at […]