Wednesday 2nd January 2019 – pre-open from Chartprofit Equities bounced last week but Significant Buying (green-at-top) has yet to be marked. Sentiment measures have been indicating levels of bearishness consistent with those often seen at market lows but after a sell-off like this I need to see more evidence that Bulls are regaining control. Pre-open […]

emini 31st December 2018 – pre-open from Chartprofit Equities bounced last week but Significant Buying (green-at-top) has yet to be marked. Sentiment measures have been indicating levels of bearishness consistent with those often seen at market lows but after a sell-off like this I need to see more evidence that Bulls are regaining control. Other […]

FTSE 100 tested the 6580 target this week.

emini futures 28th December 2018 – pre-open from Chartprofit Early in Tuesday’s session there was a rejected test of the first possible Support that ES could find which was Wednesday’s controlling price (dashed red line) and a strong rally followed. Holding the previous day’s poc is a minor indication of strength. The next positive would […]

emini futures 27th December 2018 – pre-open During Monday’s shortened session ES printed a new low for this down trend but rallied strongly on Wednesday. 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 […]

emini futures 24th December 2018 – pre-open from Chartprofit On Friday ES printed a new low for this down trend and Aggressive Selling (red-at-bottom) was marked again. 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 […]

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 […]