ES emini 6th January 2020 – pre-open from ChartProfit I posed the question on Friday “will Significant Sellers step in here and take control below 3228, the 6wk poc, or can Buyers auction ES back above that level (now Resistance)?” – see highlighted comments. You can see from the chart that Buyers very quickly auctioned […]

emini ES 3rd January 2020 – pre-open from ChartProfit See yesterday’s highlighted comments. All looked good through yesterday’s day session, a higher Value Area was generated and Aggressive Buying (green) was marked, but there was a violent reversal overnight and pre-open today ES has printed below the low of last week. Aggressive Buyers on 12/26 […]

emini 2nd January 2020 – pre-open from ChartProfit Aggressive Buying (green-at-top) was marked on Thursday and on Monday ES closed the day session below 3229,the low of that Buying Day. This indicates that Thursday’s Significant Buyers have been disrupted and this is often a first sign of weakness, see Monday’s highlighted comments. However, the 6wk […]

emini ES 31st December 2019 – pre-open from ChartProfit Aggressive Buying (green-at-top) was marked on Thursday and on Monday ES closed the day session below 3229,the low of that Buying Day. This indicates that Thursday’s Significant Buyers have been disrupted and this is often a first sign of weakness, see Monday’s highlighted comments. Stocks>50dyma numbers: […]

emini ES 30th December 2019 – pre-open from ChartProfit Aggressive Buying (green-at-top) was marked on Thursday. First sign of weakness now would be a day session close that Buying Day low, 3229, dotted line on chart. Stocks>50dyma numbers: Nyse 73%, Nasdaq 68%, R2000 66%.. Numbers >50 are supportive. Sentiment: My version of the Rydex Assets […]

ChartProfit Chart Book – week ending 27th December 2019

emini 27th December 2019 – pre-open from ChartProfit Aggressive Buying (green-at-top) was marked on Thursday. First sign of weakness now would be a day session close that Buying Day low, 3229, dotted line on chart. Stocks>50dyma numbers: Nyse 74% (from 73%), Nasdaq 71% (from 72%), R2000 69% (from 71%). Numbers >50 are supportive. Sentiment: My […]

emini ES 24th December 2019 – pre-open from ChartProfit See last Friday’s highlighted comments. First sign of weakness now would be a day session close below yesterday’s Buying Day low, dotted line on chart. Also, see Sentiment, below. Stocks>50dyma numbers: Nyse 73% (from 75%), Nasdaq 72% (from 73%), R2000 71% (from 72%). Numbers >50 are […]

emini ES – 23rd December 2019 See Friday’s highlighted comments. First sign of weakness now would be a day session close below yesterday’s Buying Day low. Stocks>50dyma numbers: Nyse 75%, Nasdaq 73%, R2000 72%. Numbers >50 are supportive. Sentiment: My version of the Rydex Assets Ratio ended the week at 25.46, having reached 26.06 on […]

emini 20th December 2019 – pre-open from ChartProfit I wrote yesterday that price action over the last few “Looks like Buyers Resting”, see highlighted comments. When Effective Buying action pauses (Buyers Resting), Sellers are offered opportunity. In this case they didn’t take it. Buyers took confidence from that and stepped back in yesterday (green on […]