Pre-open today #ES is printing just below the 3370.50 Support. A Value Area printed below that level would be the first sign of weakness and increase the odds of a re-test of the Support at 3217.50 Key chartsFTSE 100: recent multiple rejections in June/July at 6312 (1/2R Resistance off last year’s high). This indicated weakness […]

Early in Tuesday’s session there was a rejected test of the 3370.50 Support, see yesterday’s comments, and again late in Wednesday’s session. Pre-open today ES is printing below that Support in a weaker position. If the location of today’s Value Area is below that level it would suggest further weakness – possibly re-test of the […]

Early in Tuesday’s session there was a rejected test of the 3370.50 Support. ES rallied strongly from there. Significant Buyers are still responding to minor opportunities and until that dynamic changes I assume they remain in control. Key chartsFTSE 100: recent multiple rejections in June/July at 6312 (1/2R Resistance off last year’s high). This indicated […]

1 month Support/Resistance migrated to 3370.50. Price relative to that level is worth watching. Key chartsFTSE 100: recent multiple rejections in June/July at 6312 (1/2R Resistance off last year’s high). This indicated weakness and FTSE sold off to test the major Support at 5870 in late July – that has held so far.DAX: the 4yr […]

1 month S/R has migrated to 3370.50. Price relative to that level is worth watching at the start of this week.S/R = Support/Resistance

On Tuesday the minor Support migrated to ES 3317.50. Price printing time below this level would be first sign of minor weakness.

the minor (13 day) Support has migrated to ES 3317.50. Price printing time below this level would be first sign of minor weakness.

from pre-open 5th August 2020 The 2month Support at 3217.50 was tested 07/30, and ES rallied strongly from there. Price printing time below that level would be first sign of weakness. In the dayframe, a v minor poc has emerged at 3289.50.This may be a useful level to monitor in the ST.

The 2month Support at 3217.50 was tested last week, and ES rallied strongly from there. Price printing time below that level would be first sign of weakness in the longer time-frame. Aggressive Buying was marked again o9n Thursday. In the dayframe, there is minor (9day) Support at 3289.50. This would be a useful level to […]