Wednesday 7th August 2019 Overnight the 15mn Resistance at 2887 was tested and quickly rejected. back to 2845, see yesterday’s comments. Tuesday’s Value Area was not generated convincingly higher than Tuesday’s. Last imbalance was Selling so I’m not considering the long side until Significant Buying (green) is marked above 2887 and Breadth numbers improve Stocks>50dyma […]

emini 6th August 2019 The 15mn poc is at 2887.0 (now Resistance), see Friday’s pre-open comments, the poc migrated to this level back in June. Prior to that, the poc was at 2829 and in terms of time is still very close to 2887. ES has recovered back above 2829. If ES spends more time […]

emini 5th August 2019 – pre-open from ChartProfit Pre-open today ES is testing the 15mn Support at 2887.0, see Friday’s pre-open comments, highlighted. Market Charts: All major Market Charts turned negative. Stocks>50dyma numbers: Nyse 44%, Nasdaq 49%, R2000 50%. Numbers >50 are supportive. Sentiment: My version of the Rydex Assets Ratio ended the week at […]

Stock market Sentiment – Charts through 2nd August 2019 – Chartprofit eBook Stock Market Sentiment. Consensus polls, mutual fund flow indicators. eBook PDF

emini 2nd August 2019 – pre-open from ChartProfit An early rally on Thursday was wiped out following the announcement of further trade tariffs. Most time during the session was opent below 2977, the 3mn poc (see Wednesday’s comments) which leaves ES in a weak position. Aggressive Selling (red-at-bottom) was marked, which means new longs are […]

emini 1st August 2019 – pre-open from ChartProfit Wednesday’s day session close was below 2999, the low on 07/24, which negated any ST bullish implications of that Buying Day, see yesterday’s highlighted comments. ES spent very little time below 2977 (3mn poc) during the day session and pre-open today is printing above it but, as […]

emini 31st July 2019 – pre-open from ChartProfit Aggressive Buying was marked twice last week. A day-session close below Wednesday’s low at 2999 would negate the ST bullish implications of that Buying Day. The last five Value Areas have all been generated above the minor Support at 3000 (1mn poc) which is a positive. First […]

emini SP500 19th July 2019 – pre-open from ChartProfit During Thursday’s session the 2mn poc migrated to 2977. This is now First Level Support. A poc level moving like this often precedes a directional move so I am watching this level. Price printing time below 2977 would be a first sign of weakness. The 1mn […]