ChartProfit Chart Book – week ending 7th May 2021

Yesterday’s pre-open comments:I’d want to see 4181.0 recovered before initiating new longs.

I’ve written that I’m staying bullish with the trend but would change that view very quickly with a RTH close below 4117.50 (dotted line), the low of the most recent Buying Day. I stay with that view. The 1mn S/R is at 4181.0. Value Areas on Tuesday and Wednesday were generated entirely below that level. […]

I’ve written that I’m staying bullish with the trend but would change that view very quickly with a RTH close below 4117.50 (dotted line), the low of the most recent Buying Day. I stay with that view. The 1mn Support is at 4181.0. Tuesday’s Value Area was generated entirely below that level. I’d want to […]

I’ve written that I’m staying bullish with the trend but would change that view very quickly with a RTH close below 4117.50 (dotted line), the low of the most recent Buying Day. I stay with that view. Dayframe: late last week, the minor Support moved higher to 4181.0 – worth monitoring. The low overnight has […]

ChartProfit Chart Book – week ending 30th April 2021

I’ve written that I’m staying bullish with the trend but would change that view very quickly with a RTH close below 4117.50 (dashed line), the low of the most recent Buying Day. I stay with that view. Dayframe: minor Support moved higher to 4181.0 – worth monitoring. Sentiment: My version of the Rydex Assets Ratio […]

I’ve written that I’m staying bullish with the trend but would change that view very quickly with a RTH close below 4117.50 (dashed line), the low of the most recent Buying Day. I stay with that view. Dayframe: there is minor Support at 4136.50 – worth monitoring. Sentiment: My version of the Rydex Assets Ratio […]

I’ve written that I’m staying bullish with the trend but would change that view very quickly with a RTH close below 4117.50 (dashed line), the low of the most recent Buying Day. I stay with that view. Dayframe: there is minor Support at 4136.50 – worth monitoring. Sentiment: My version of the Rydex Assets Ratio […]

I’ve written that I’m staying bullish with the trend but would change that view very quickly with a RTH close below 4117.50 (dashed line), the low of the most recent Buying Day. I stay with that view. Dayframe: At the start of this week there is minor Support at 4136.50 – worth monitoring. Sentiment: My […]