emini futures 21st December 2018 – pre-open from Chartprofit On Thursday ES printed a new low for this down trend. As I have been writing recently, >>only the Sentiment data, which is at/reaching bearish extremes and the December seasonal pattern offer a ray of hope but with weak price location and a negative Pulse Chart […]

emini futures 20th December 2018 – pre-open from Chartprofit Once again the pattern of weakness into the session close continued on Wednesday. An outside/overlapping Value Area was generated but ES printed a new low for this down trend below 2500. As I have been writing recently, Only the Sentiment data, which is at/reaching bearish extremes […]

Emini SP500 19th December 2018 – pre-open from Chartprofit ES opened Tuesday’s day session higher but later fell back to re-test Monday’s red-at-low bottom. As I mentioned pre-open yesterday >>these red-at-bottom lows are retested 80% of the time within two days<< see previous highlighted comments. Only the Sentiment data, which is at/reaching bearish extremes and […]

Emini SP500 18th December 2018 – pre-open from Chartprofit Note: we are now following the March contract. See previous, highlighted, comments. ES/SPY printed a new low on Monday (since the September high). Aggressive Selling was marked again and these red-at-bottom lows are retested 80% of the time within two days. Only the Sentiment data, which […]

emini future 17th December 2018 – pre-open from Chartprofit I have previously written (highlighted) that >>price acceptance at 2634 would be a bearish indication<<, 2634 being the 12mn VAL at that time. Price action over the last week migrated the VAL to 2621 (dashed line). ES is currently printing below that level which is not […]

FTSE needs to hold 6820, maj poc, next week or 6580 becomes target.

emini future 14th December 2018 – pre-open from Chartprofit The 5 month poc has just migrated to 2664.00. Although ES will only move into a strong price location in the LT if it can print time back above the 2718 maj poc, a quick recovery back above 2664 would be constructive. Time spent below that […]

emini futures 13th December 2018 – pre-open from Chartprofit Wednesday’s session generated a higher Value Area but a weak close. As I wrote on Friday >>price acceptance at 2634 would be a bearish indication<< so at a minimum Bulls would want to see ES printing up from that level. ES will move into a stronger […]

emini futures 12th December 2018 – pre-open from Chartprofit ES remains below 2718, the maj poc, in a weak LT price location but on Monday there was a rejected test below the October low. Pre-open today ES is printing above 2660. As I wrote on Friday >>price acceptance at 2634 would be a bearish indication<< […]

emini future 11th December 2018 – pre-open from Chartprofit ES remains below 2718, the maj poc, in a weak LT price location but on Monday there was a rejected test below the October low and the rally has continued through pre-open today. The Pulse chart needs to improve but a rejected test of a previous […]