posted 9.24 a.m. ET Pre-open comment Tuesday 4th October 1st Level Resistance on Monday (1132) was once again tested very briefly and then rejected, as it was on Friday. And, like Friday, following the price rejection ES declined quickly. Also notice the weak pattern each day where the Value Area is generated entirely below the […]
Archives for October 2011
eBook 3rd October
eBook 3rd October The DNL Reader is required to view the eBook. If you do not have this program please download it here: www.digitalwebbooks.com/reader/ *********** PRICE PERFORMANCE Weekly Structure: Last week was a week of No Directional Conviction. Previous week, W/e 09/23, was an Effective Selling week. ES Market Profile analysis: Last week I marked […]
S&P 500 emini pre-open Monday 3rd October
posted 9.06 a.m. ET Pre-open comment Monday 3rd October Chartprofit Market Timing system was negative for the eleventh consecutive week. Weekly Structure also suggests further weakness. Last week I marked two instances of Significant Selling and one of Significant Buying. On Friday a brief probe above 1st Level Resistance at 1147 was rejected. Aggressive Selling […]