emini 27th February 2019 – pre-open from Chartprofit As long as ES holds above 2718, the major poc, it is in a strong LT position. The minor Support is at 2777.00 (17day poc). Price relative to this minor poc is worth monitoring in the ST, i.e. above/below = minor strength/weakness. Overnight ES printed lower but […]

emini 26th February 2019 – pre-open from Chartprofit The last nine value Areas have been printed entirely above 2718, the major poc. ES is in a strong LT position if it can hold this Support. The minor Support is at 2777.00 (16day poc). Price relative to this minor poc is worth monitoring in the ST, […]

emini 25th February 2019 – pre-open from Charftprofit See previous, highlighted comments. The last eight value Areas have been printed entirely above 2718, the major poc. ES is in a strong LT position if it can hold this Support. Dayframe: Friday’s Value Area was printed entirely 2777.00, the minor (15day) poc. Price relative to this […]

FTSE has stalled at 7223, the 1/2R Resistance off 2018 high

emini 22nd February 2019 – pre-open from Chartprofit See previous, highlighted comments. The last seven value Areas have been printed entirely above 2718, the major poc. ES is in a strong LT position if it can hold this Support. Dayframe: Thursday’s Value Area was printed below 2777.00, the minor (13day) poc, but pre-open today ES […]

emini 21st February 2019 – pre-open from Chartprofit See previous, highlighted comments. The last six value Areas have been printed entirely above 2718, the major poc. ES is in a strong LT position if it can hold this Support. Dayframe: a minor (13day) poc has emerged at 2777.0. Price relative to this level is worth […]

emini 20th February 2019 – from Chartprofit See previous, highlighted comments. The last five value Areas have been printed entirely above 2718, the major poc. ES is in a strong position if it can hold this Support. Stocks>50dyma numbers: Nyse 87%, Nasdaq 87%, R2000 88%. Numbers >50 are supportive. Sentiment: My version of the Rydex […]

emini 19th February 2019 – pre-open from Chartprofit The last four value Areas have been printed entirely above 2718, the major poc. ES is in a strong position if it can hold this Support. Once again the pattern of strength at the end of the week was evident, see highlighted comments from 14th Jan. Stocks>50dyma […]

Gold ETF chart (GLD) held the higher levels this week and maintains its strong location.

USO ended the week above 11.41, the major poc, in a strong position.