Aggressive Selling was marked on Thursday and that red-at-bottom low was retested on Friday. Overnight on Monday our First Level Support at 2926 was tested and immediately rejected. Support levels are proving themselves in this uptrend which is an encouraging sign. On Tuesday, Thursday’s Selling Day high was exceeded and that negates any short-term negative […]

emini pre-open 15th June 2020 Aggressive Buying (green-at-top) was marked on Monday 06/08. Wednesday’s day-session close was below Monday’s low (dashed line) which was a first sign of weakness, see last Tuesday’s highlighted comments. ES fell sharply on Thursday. Aggressive Selling was marked on Thursday and that red-at-bottom low was retested on Friday. Resistance is […]

ChartProfit Chart Book – week ending 12th June 2020

Late Buyers were punished Aggressive Buying (green-at-top) was marked on Monday. Wednesday’s day-session close was below Monday’s low (dashed line) which was a first sign of weakness, see Tuesday’s highlighted comments. When Aggressive Buyers aren’t rewarded quickly it is often a warning that they will be punsihed. That happened here as ES fell sharply on […]

Wednesday’s day-session close indicated a first technical sign of weakness. Aggressive Buying was marked Monday. Wednesday’s day-session close was below Monday’s low (dashed line), see Tuesday’s highlighted comments on chart. Overnight ES has weakened and pre-open has printed below 3100. First Level Support is at 2926.0, the 2yr poc. The most important Support is at […]

Stocks are flat or lower today. Investors are waiting for Fed Chairman Powell’s news conference after central bank concludes its two-day meeting. Aggressive Buying (green-at-top) was marked on Monday. First sign of weakness would now be a day session close below 3193.50, Monday’s low (dashed line). First Level Support is at 2926.0, the 2yr poc. […]

On the SP500 chart I marked Aggressive Buying (green-at-top) on Monday. First sign of weakness would now be a day session close below 3193.50, Monday’s low (dashed line). First Level Support is at 2926.0, the 2yr poc. The most important Support is at 2719, the maj poc. ES needs to hold this level to maintain […]

SP 500 emini at highest since late February – pre-open report from ChartProfit 8th June 2020. First sign of weakness would be a day session close below 3047.50, Tuesday’s low (dashed line) see previous highlighted comments. First Level Support is at 2926.0, the 2yr poc. The most important Support is at 2719, the maj poc. […]

First sign of weakness would be a day session close below 3047.50, Tuesday’s low (dashed line) see highlighted comments. First Level Support is at 2926.0, the 2yr poc. The most important Support is at 2719, the maj poc. ES needs to hold this level to maintain a strong position in the longer timeframe. FTSE100: has […]

emini 4th June 2020 – pre-open from ChartProfit First sign of weakness would be a day session close below 3047.50, Tuesday’s low (dashed line) see highlighted comments. First Level Support is at 2926.0, the 2yr poc. The most important Support is at 2719, the maj poc. ES needs to hold this level to maintain a […]