The emini SP500 futures printed its highest level since 3rd March. The emini SP500 futures printed its highest level since 3rd March. On 05/14, There was a brief, rejected test of First Level Support at 2786, the 1/2R off this year’s high (dashed line on chart) and ES moved strongly higher from there. First Level Support […]

emini SP500 holding higher levels at the start of this week. On 05/14, There was a brief, rejected test of First Level Support at 2786, the 1/2R off this year’s high (dashed line on chart) and ES moved strongly higher from there. First Level Support is now at 2926.0, the 2yr poc. The most important […]

This week Nikkei exceeded the major chart resistance at 21384 and is in a strong position if it can hold that level, now support.

DAX has exceeded the 1/2R Resistance at 11045. Next Resistance is 12240, the 4yr.

Back at the start of April I wrote that “the important Resistance on the FTSE chart is at 5870. Price above that level would be a stronger position.” FTSE is currently printing above that level in a stronger position.

SPY found Support twice at 272.72 (major) and Resistance twice at 292.76, (18mn). That Resistance has now been exceeded and becomes Support.

at a second attempt, IWM has moved to a stronger position above 134.60, the 1/2R Resistance which is now Support.

First Level emini support is at 2926.0, the 2 year point of control. On 05/14, There was a brief, rejected test of First Level Support at 2786, the 1/2R off this year’s high (dashed line on chart). ES spiked higher early last week and price held the higher level through the rest of the week. […]

On 05/14, There was a brief, rejected test of First Level Support at 2786, the 1/2R off this year’s high (dashed line on chart). ES spiked higher early last week and price held the higher level through the rest of the week. This week ES is sharply higher. First Level Support is now at 2926.0, […]

emini 27th May 2020 – pre-open from ChartProfit On 05/14, There was a brief, rejected test of First Level Support at 2786, the 1/2R off this year’s high (dashed line on chart). ES spiked higher early last week and price held the higher level through the rest of the week. This week ES is sharply […]