ChartProfit Chart Book – week ending 24th April 2020

emini 24th April 2020 – pre-open from ChartProfit Thursday’s session generated a tenth Value Area above 2719, the major poc. That Support was briefly tested during Tuesday’s session, see chart. ES has rallied from there and pre-open today is probing above 2786 (dashed line), the 1/2R Resistance, and above 2791.50 the minor poc (1 month). […]

SP500 emini 23rd April 2020 Wednesday’s session generated a ninth Value Area above 2719, the major poc. That Support was briefly tested during Tuesday’s session, see chart. ES has rallied from there and pre-open today is probing above 2786 (dashed line), the 1/2R Resistance again. ES needs to hold the 2719 Support to maintain a […]

emini SP500 22nd April 2020 – pre-open from ChartProfit Tuesday’s session generated an eighth Value Area above 2719, the major poc. That Support was briefly tested during Tuesday’s session, see chart. ES has rallied from there and pre-open today is probing the 1/2R Resistance again. ES needs to hold the 2719 Support to maintain a […]

21st April 2020 Monday’s session generated a seventh Value Area above 2719, the major poc. ES needs to hold this Support to maintain a strong position. Other key charts/levels we are monitoring: FTSE: the major is at 5870 – chart found Resistance there last week, has not yet printed time above it. IWM: the major […]

emini 20th April 2020 – pre-open Friday’s session generated a sixth Value Area above 2719, the major poc. ES is currently printing above 2786 (dashed line) which is the 1/2R off this year’s high, in a strong position. Most importantly it needs to hold the 2719 Support. Other key charts/levels we are monitoring: FTSE: the […]

SP500 emini 17th April pre-open from ChartProfit Thursday’s session generated a fifth Value Area above 2719, the major poc. See 60minute chart below – ES finding Support and consolidating above the poc, which is encouraging, see Tuesday’s highlighted comments. Pre-open today ES is printing above 2786 (dashed line) which is the 1/2R off this year’s […]

emini 16th April 2020 – pre-open from ChartProfit Wednesday’s session generated a fourth Value Area above 2719, the major poc, but disappointingly this one was back below 2786 (dashed line) which is the 1/2R off this year’s high. We have two clearly defined levels here and easy to see where ES moves into a strong […]

emini 15th April 2020 – pre-open Tuesday’s session generated a third Value Area above 2719,  the major poc, and a first for this rally above 2786 (dashed line) which is the 1/2R off this year’s high. However, there has been a decline overnight below yesterday’s session low and pre-open ES has printed below 2760. Bulls […]

emini 14th April 2020 – pre-open from ChartProfit Monday’s session generated a second Value Area above 2719,  the major poc, and briefly tested that Support. The Resistance at 2786 (dashed line) which is the 1/2R off this year’s high, has been probed overnight and pre-open ES prints above that level in a strong position. Price […]