posted 7.35a.m. est Pre-open Wednesday 8th September Dayframe: Most recent imbalance is now Selling (red) and therefore a test of Tuesday’s low is likely during today’s session. ES spent most time on Tuesday printing at the Major poc at 1094. Printing close to a major poc like this makes a directional call difficult. Longframe and […]
Archives for September 2010
S&P 500 emini pre-open Tuesday 7th September
posted 9.28 a.m. est Pre-open Tuesday 7th September Last week I marked Significant Selling on Monday followed by three instances of Significant Buying. Friday closed above Mon-Wed range and above the highs of the previous two weeks which usually indicates continuation higher. Longframe: Long positions are still eliminated for me. The ChartProfit Market Timing System […]
S&P 500 emini pre-open Friday 3rd September
posted 9.28 a.m. est Pre-open Friday 3rd September Aggressive Buyers were marked again on Thursday. Pre-open ES has printed above 1100. The Major POC at 1094 comes back into play here. As does the 1/2R off April high at 1107 which is now First Level Resistance. Dayframe: First Level Support at 1073. Most recent imbalance […]
S&P 500 emini pre-open Thursday September 2nd
posted 9.26 a.m. est Pre-open Thursday 2nd September Aggressive Buyers were marked on Wednesday auctioning ES above the poc at 1073 which now becomes First Level Support. I expect higher prices if this support holds. There is a gap between the day sessions and the Value Area was narrower but as it printed entirely above […]
S&P 500 emini pre-open Wednesday 1st September
posted 7.10 a.m. est Pre-open Wednesday 1st September Monday’s low was tested on Tuesday (as expected) but Buyers Responded below 1040 again (green-at-bottom). Dayframe: The last imbalance is now Buying (green) and that eliminates new short trades for me. Price Osc was up yesterday for the first time in sixteen days. First sign of ST […]