ChartProfit Chart Book – week ending 1st May 2020

emini 1st May 2020 ES tested the major Support at 2719 on 04/21 and has rallied from there. On Wednesday Aggressive Buying (green-at-top) was marked. On Thursday, Wednesday’s low was broken which negates any ST positive implications of that Buying day and usually implies further weakness, as happened on 03/10 and 03/11. The 7mn controlling […]

emini ES 30th April 2020 – pre-open from ChartProfit ES tested the major Support at 2719 on 04/21 and has rallied from there and overnight printed its highest level since 6th March, see chart below. Last week the 7mn controlling price migrated to 2816 and this is now is now First Level Support. Aggressive Buying […]

HYG is very correlated to SPX. There are two 1/2R levels to watch here. The first is off this year’s high, dashed line on chart, which hasn’t been broken yet. The other is at 78.90, off the 2009 low. Bulls would want to see a higher low being put in here.

emini 29th April 2020 Tuesday’s session generated another Value Area above 2719, the major poc. That Support was briefly tested last week, see chart. ES has rallied from there and pre-open today has printed its highest level since 6th March, see chart below. During Friday’s session the 7mn controlling price migrated to 2816, which is […]

emini 28th April 2020 from ChartProfit Monday’s session generated another Value Area above 2719, the major poc. That Support was briefly tested last week, see chart. ES has rallied from there and pre-open today has printed its highest level 9th March, see chart below. During Monday’s session the 7mn controlling price migrated to 2816, which […]

emini 27th April 2020 – pre-open from ChartProfit Friday’s session generated another Value Area above 2719, the major poc. That Support was briefly tested last week, see chart. ES has rallied from there and pre-open today is printing above 2786 (dashed line), the 1/2R Resistance, and above 2791.50 the minor poc (1 month). ES needs […]

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 […]