from pre-open 5th August 2020 The 2month Support at 3217.50 was tested 07/30, and ES rallied strongly from there. Price printing time below that level would be first sign of weakness. In the dayframe, a v minor poc has emerged at 3289.50.This may be a useful level to monitor in the ST.

The 2month Support at 3217.50 was tested last week, and ES rallied strongly from there. Price printing time below that level would be first sign of weakness in the longer time-frame. Aggressive Buying was marked again o9n Thursday. In the dayframe, there is minor (9day) Support at 3289.50. This would be a useful level to […]

The 2month Support at 3217.50 was tested on Friday, and ES rallied strongly from there. Price printing time below that level would be first sign of weakness. In the dayframe, there is minor (8day) Support at 3289.50. This may be a useful level to monitor in the ST. Key chartsFTSE 100: recent multiple rejections in […]

The 2month Support at 3217.50 was tested on Friday, and ES rallied strongly from there, see Thursday’s pre-open comments, highlighted. Price printing time below that level would be first sign of weakness. In the dayframe, a v minor (7day) poc has emerged at 3289.50. This may be a useful level to monitor in the ST. […]

The 2month Support at 3217.50 was tested on Friday, and ES rallied strongly from there, see Thursday’s pre-open comments, highlighted. Price printing time below that level would be first sign of weakness. Monday’s Value Area was higher. Key chartsFTSE 100: recent multiple rejections in June/July at 6312 (1/2R Resistance off last year’s high). This indicated […]

The 2month Support at 3217.50 was tested on Friday, and ES rallied strongly from there, see Thursday’s pre-open comments, highlighted. Price printing time below that level would be first sign of weakness. Aggressive Buying was marked. Key chartsFTSE 100: recent multiple rejections in June/July at 6312 (1/2R Resistance off last year’s high). This indicated weakness […]

ChartProfit Chart Book – week ending 31st July 2020

Last week (Friday) ES tested 3202.50, First Level Support. Value Areas this week have been generated above that level. Price printing time below 3202.50 would be a first sign of weakness. Wednesday’s Value Area was higher and wider but pre-open today ES is sharply lower. Key chartsFTSE 100: recent multiple rejections in June/July at 6312 […]