emini SP500 6th June 2019 – pre-open from ChartProfit Aggressive Buying (green-at-top) was marked again on Wednesday. A higher Value Area was generated and ES approached the 6mn Resistance at 2830. Time above that level would be a further positive. Pre-open today ES has printed as high as 2838. Key Charts, FTSE100, DAX and IWM […]

emini SP500 5th June 2019 – pre-open from ChartProfit Positives: ES (and SPY) held their Major poc Support levels at ES-2718 and SPY-272.49. Both came close on Monday but rallied strongly on Tuesday. Tuesday’s Value Area was generated entirely above ES-2776, the 12mn poc. Aggressive Buying (green-at-top) was marked on Tuesday for the first time […]

emini SP500 4th June 2019 – pre-open from Chartprofit Friday and Monday Value Areas were generated entirely below 2776, the 12mn poc, see previous comments. Bulls would want to see 2776 recovered asap. Pre-open ES has printed as high as 2770. There is important Support at 2718, the major poc. Key Charts: FTSE100 is currently […]

Below are three key charts mentioned in today’s pre-open commentary    

emini 3rd June 2019 – pre-open from ChartProfit Friday’s value Area was generated entirely below 2776, the 12mn poc, which increases the odds that the major poc at 2718 will be tested, see previous comments. Bulls would want to see 2776 recovered asap. Overnight ES has printed as low as 2731.25. Market Charts: all major […]

Stock market Sentiment – Charts through 31st May 2019 – Chartprofit eBook Stock Market Sentiment. Consensus polls, mutual fund flow indicators, Commitment of traders charts. eBook PDF

emini Friday 31st May 2019 Thursday’s low came in at 2776, 12mn poc, see previous comments, but overnight that level was broken and ES declined quickly. Has printed below 2755. Bulls would want to see ES recover 2776 asap. Time below that level increases the odds that the major at 2718 will be tested. Stocks>50dyma […]

emini SP500 30th May 2019 – pre-open from ChartProfit Checking distributions on different timeframes I noticed that on a five minute basis the 6mn poc migrated to 2830.0 on Tuesday, see blue arrow. This is now First Resistance. Bulls would want to see price recover that level. There is poc Support (12mn) at 2776, see […]

emini SP500 29th May 2019 – pre-open from ChartProfit Recent price action has been weak, see yesterday’s, highlighted, pre-open comments. Tuesday’s Value Area was generated above 2821, the 5mn poc, but ES broke below that level in the p.m. and the session ended weakly. There is further POC Support (12mn) at 2776, below that there […]

emini SP500 28th May 2019 – pre-open from ChartProfit 05/16 there was a rejected probe of 2894, the 2mn poc Resistance. On 05/21 there was a rejected probe of 2871, the minor poc Resistance. That looks like weak porice action in the ST. During Friday’s session ES found Support at 2821, the 5mn poc. Bulls […]