ChartProfit Chart Book – week ending 31st January 2020

S&P 500 emini – pre-open 31st January 2020 from ChartProfit The S&P 500 emini (ES) is struggling to print time above the 1/2R off this month’s high at 3285.50 (dashed line). Pre-open ES is printing below that level. I would want to see Significant Buying (green) being marked before looking at new longs. Support at […]

S&P 500 emini 30th January 2020 – pre-open from ChartProfit During Thursday’s session the 1/2R off this month’s high at 3285.50 (dashed line), was tested but quickly rejected. Pre-open ES is printing close to 3250. I would want to see Significant Buying (green) being marked before looking at new longs. Support at the 3228 poc […]

ES emini 29th January 2020 – pre-open from ChartProfit Support at the 3228 poc has not been tested. Currently ES is printing above 3285.50, the 1/2R off this month’s high. This is encouraging but I would want to see Significant Buying (green) being marked before looking at new longs. Stocks>50dyma numbers: Nyse 49% (from 45%), […]

S&P 500 futures emini 27th January 2020 I’ve been writing “First sign of technical weakness would now be a day-session close below 3302.75, that is the 01/16 Buying day low (dashed line on chart). That’s what we got on Friday. The 1month poc at 3283 halted the downside on Friday but price today is below […]

emini 24th January 2020 Aggressive Buying (green) was marked twice last week. First sign of technical weakness would now be a day-session close below 3302.75.0, that is the 01/16 Buying day low (dashed line). Stocks>50dyma numbers: Nyse 63% (from 66%), Nasdaq 66% (uncg), R2000 60% (unch). Numbers >50 are supportive. Sentiment: My version of the […]

emini ES 23rd January 2020 – pre-open from ChartProfit Aggressive Buying (green) was marked twice last week. First sign of technical weakness would now be a day-session close below 3302.75.0, Thursday’s Buying day low (dashed line). Stocks>50dyma numbers: Nyse 66% (from 67)%, Nasdaq 66% (from 68%), R2000 60% (from 62%). Numbers >50 are supportive. Sentiment: […]

emini ES 22nd January 2020 – pre-open from ChartProfit Aggressive Buying (green) was marked twice last week. First sign of technical weakness would now be a day-session close below 3302.75.0, Thursday’s Buying day low (dashed line). Stocks>50dyma numbers: Nyse 67%, Nasdaq 68%, R2000 62%. Numbers >50 are supportive. Sentiment: My version of the Rydex Assets […]

emini ES 21st January 2020 – pre-open from ChartProfit Aggressive Buying (green) was marked twice last week. First sign of technical weakness would now be a day-session close below 3302.75.0, Thursday’s Buying day low (dashed line). Stocks>50dyma numbers: Nyse 73%, Nasdaq 74%, R2000 69%.. Numbers >50 are supportive. Sentiment: My version of the Rydex Assets […]

emini ES 17th January 2020 – pre-open from ChartProfit Early last week Buyers kept auctioning ES back above the 3228 poc, as I wrote “this is encouraging”, see highlighted comments 8th Jan. On Monday and Thursday Aggressive Buying (green) was marked. First sign of technical weakness would now be a day-session close below 3302.75.0, Thursday’s […]