emini SP500 (ES) Archives - Page 112 of 424

e-mini 29th March 2021

Posted on March 29, 2021 Written by Chart Prophet

Friday’s Value Area was generated back above 3897, the 7 month controlling price, which is now First Level Support, see Friday’s comments. Aggressive Buying was marked. Stocks>50dymaNyse 77%, Nasdaq 58%, R2000 68%. Numbers >50 are supportive. Sentiment: My version of the Rydex Assets Ratio reached 24.03 on Friday, the highest since February ’20.

ChartProfit Chart Book week ending 26th March 2021

Posted on March 28, 2021 Written by Chart Prophet

ChartProfit Chart Book – week ending 26th March 2021

e-mini 26th March 2021

Posted on March 26, 2021 Written by Chart Prophet

The 7 month controlling price has migrated to 3897.50. This is the level to focus on. It is important now that ES holds this level to maintain a strong location. A Value Area generated above 3898 would be bullish.

e-mini 25th March 2021

Posted on March 25, 2021 Written by Chart Prophet

There have been 10 consecutive Value Areas generated above 3898, the 1month Support. However ES closed below that level yesterday and pre-open today is printing lower. ES needs to recover that level to maintain a strong location in the ST, or a test of the more important LT Support at 3831 would be expected. Stocks>50dymaNyse […]

e-mini 24th March 2021

Posted on March 24, 2021 Written by Chart Prophet

Late last week, ES tested the 1month Support at 3898 but recovered. This happened again in yesterday’s session. Currently ES is printing back above 3900. The last nine Value Areas have been generated above this Support which needs to be held if a strong position is to be maintained in the ST. More important LT […]

e-mini 23rd March 2021

Posted on March 23, 2021 Written by Chart Prophet

On Friday, ES broke below the 1month Support at 3898 early in the session but recovered. The last eight Value Areas have been generated above this Support which needs to be held ifa strong position is to be maintained in the ST. More important LT Support is at 3831. Stocks>50dymaNyse 76% (from 78%), Nasdaq 65% […]

e-mini 22nd March 2021

Posted on March 22, 2021 Written by Chart Prophet

On Friday, ES broke below the 1month Support at 3898. This level needs to be recovered if a strong position is to be maintained in the ST. Pre-open ES printing above that level. More important LT Support is at 3831. Stocks>50dymaNyse 78% (from 79%), Nasdaq 66% (from 65%), R2000 76% (from 76%). Numbers >50 are […]

ChartProfit Chart Book week ending 19th March 2021

Posted on March 21, 2021 Written by Chart Prophet

ChartProfit Chart Book – week ending 19th March 2021

e-mini 19th March 2021

Posted on March 19, 2021 Written by Chart Prophet

Six Value Areas generated above the 1month Support at 3898. A strong position as long as ES holds that level. More important LT Support is at 3831. Stocks>50dymaNyse 79% (from 84%), Nasdaq 65% (from 73%, R2000 76% (from 82%). Numbers >50 are supportive. Sentiment: My version of the Rydex Assets Ratio was higher at 19.82. […]

e-mini 18th March 2021

Posted on March 18, 2021 Written by Chart Prophet

Five Value Areas generated above the 1month Support at 3898. A strong position as long as ES holds that level. More important LT Support is at 3831. Stocks>50dymaNyse 84% (from 83%), Nasdaq 73% (from 73%), R2000 82% (unch). Numbers >50 are supportive. Sentiment: My version of the Rydex Assets Ratio was lower at 17.37. The […]