posted 9.29 a.m. est Pre-open comment Friday 4th February ES tested down into First Level Support on Thursday and quickly came back (see highlighted comments from yesterday). I marked Responsive and Aggressive Buying. Thursday price action lifted the 8dayVAH to 1304.5. The minor poc has yet to migrate higher but a little more time at […]
Archives for February 2011
S&P 500 emini pre-open Thursday 3rd February
posted 9.29 a.m. est Wednesday was a tight range day on low volume (notice the distribution was backing and filling Tuesday’s). These inside, quiet days have a tendency to preceed directional days. On intraday charts you will find these kind of situations when the 60minute bollinger bands get very squeezed (as they are now). ES […]
S&P 500 pre-open Wednesday 2nd February
posted 9.29 a.m. est Pre-open comment Wednesday 2nd February On Tuesday I marked Significant Buying. This was on a gap day higher which gives me less reliable stats but it would be highly unusual to see a green-at-top day marking a high of any significance – so I assume that high will be tested in […]
webcast 1st February
webcast 1st February
S&P 500 emini pre-open Tuesday 1st February
posted 9.29 a.m. est Pre-open comment Tuesday 1st February Although the stats are not as strong for a Friday (I have mentioned this before ) red-at-bottom lows are usually tested on the following day. Friday’s low was tested overnight Sunday but there was no follow through in Monday’s session below the 1267.50 overnight low (this […]