emini futures 27th November 2018 – after close from Chartprofit If ES prints below 2718, the major poc, it is in a LT weak position and I remain cautious but it is interesting that very little time has been spent below 2634…from last week >>the 12mn VAL has moved to 2634 (dashed line). ..Bulls would […]

emini futures 27th November 2018 – pre-open from Chartprofit Overnight ES printed above 2680 but quickly fell back from that level. Pre-open it is printing back below 2660. If ES prints below 2718, the major poc, it is in a LT weak position and I remain cautious but it is interesting that very little time […]

ES emini futures 26th November 2018 – pre-open from Chartprofit Pre-open today ES has printed above 2660. This is still a LT weak position because it is below 2718, the major poc, but it is interesting that very little time has been spent below 2634…from last week >>the 12mn VAL has moved to 2634 (dashed […]

emini futures 23rd November 2018 – pre-open from Chartprofit Pre-open today ES has printed as low as 2626. It is in a weak position, see previous highlighted comments, above. ETFs Maj POC Resistance: SPY 271.7, IWM 153.5 Stocks>50dyma numbers: Nyse 29%, Nasdaq 24%, R2000 26%. Numbers >50 are supportive. Sentiment: On Wednesday my version of […]

emini futures 20th November 2018 – after close from Chartprofit On 10/29 there was a rejected test of 2605, the 12mn Value Area Low (VAL). ES then rallied and on 11/07 there was a rejected probe above 2806, the 12mn Value Area High (VAH). Both levels were identified on the chart before the event. Pre-open […]

emini futures 20th November 2018 – pre-open from Chartprofit Monday’s session generated a Value Area entirely below 2718, the major poc, which immediately put it back in a weak position. As I wrote last week, “prudent Bulls would wait for Significant Buying (green) marked above this level”. Pre-open today ES is also printing below 2710.50, […]

emini futures 19th November 2018 – pre-open from Chartprofit Friday’s session generated a Value Area above 2718, the major poc. So that’s a stronger position if ES can hold above the poc (now Support) but as I wrote on Wednesday “prudent Bulls would wait for Significant Buying (green) marked above this level”. A further positive […]

Stock market Sentiment – Charts through 16th November 2018 – Chartprofit eBook Stock Market Sentiment. Consensus polls, mutual fund flow indicators, Commitment of traders charts. Major Stock Index ETFs, Bonds, Gold, Oil and Forex. eBook PDF

Enough time was spent at 12.79 early this week to migrate the 18mn back to this level. This is now Resistance for this chart.

If price is printing below 7044, the 3mn poc, it is in a weak position and increases the odds that the Major Support will be tested. I will wait for a clear higher low above 7044 before looking at the long side.