IWM is now printing above 153.50 (3year poc) in a strong position.

Following a rejected test of the 6820 poc in late Jan the 18mn controlling price migrated to 7037. This is now First Level Support. As long as chart holds this level it is in a strong position.

Emini Friday 15th February 2019 The last three 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 82% (from 83%), Nasdaq 83% (from 82%), R2000 83% (from 82%). Numbers >50 are supportive. Sentiment: My version of the Rydex Assets […]

Tuesday 12th February 2019 – after day session Today ES generated a Value Area entirely above 2718, the major poc. This is a strong location and 2718 is now Support.

Tuesday 12th February 2019 The major poc is at 2718. If ES can print time back above 2718 it would be back in a very strong position. Currently, as of post-open on Tuesday, ES has recovered back above this level. Stocks>50dyma numbers: Nyse 76% (from 75%), Nasdaq 78% (from 75%), R2000 77% (from 74%). Numbers […]

pre-open Monday 11th February 2019 See previous, highlighted. comments. The major poc is at 2718. Overnight this level has been probed twice. Pre-open printing 2715. If ES can print time back above 2718 it would be back in a very strong position. Stocks>50dyma numbers: Nyse 75% (from 77%), Nasdaq 75% (unch), R2000 74% (unch). Numbers […]

emini futures 8th February 2019 – pre-open from Chartprofit The major poc is at 2718. This is a level of long term importance so the fact that ES is now printing back below that price, and a possible rejection of the probe on Tue/Wed, is worthy of note. If ES can print time back above […]

emini 7th February 2019 – from Chartprofit Aggressive Buying was marked on Monday as ES probed above 2718, the major poc. Value Areas on Tuesday and Wednesday were printed entirely above the poc. Price printing time above 2718 would be another big positive. Pre-open ES is printing back below that level. Stocks>50dyma numbers: Nyse 82% […]