emini 10th September 2019 – pre-open Last four Value Areas were generated entirely above 2927, an indication of strength. As long as ES holds above that level it is in a strong position. Stocks>50dyma numbers: Nyse 57% (from 51%), Nasdaq 48% (from 44%), R2000 51% (from 44%). Numbers >50 are supportive. Sentiment: My version of […]

emini 9th September 2019 – pre-open from ChartProfit Last three Value Areas were generated entirely above 2927, an indication of strength. As long as ES holds above that level it is in a strong position. Market Charts: Nyse turned positive, Nasdaq and R2000 turned neutral from negative. Stocks>50dyma numbers: Nyse 51%, Nasdaq 44%, R2000 44%. […]

ChartProfit Chart Book – week ending 6th September 2019  

emini 6th September 2019 – pre-open from ChartProfit See last Friday’s highlighted comments, above. Last week the 15mn poc migrated to 2927. Price relative to that level is important to monitor. Value Areas on Wednesday and Thursday were printed entirely above 2927, an indication of strength. As long as ES holds above that level it […]

Thursday 5th September See Friday’s highlighted comments. Last week the 15mn poc migrated to 2927. Price relative to that level is important to monitor. Wednesday’s Value Area was printed entirely above 2927 and Aggressive Buying (green) was marked. These are indications of strength. as long as ES holds above that level it is in a […]

SP500 emini future 4th September 2019 – from ChartProfit See Friday’s highlighted comments. Last week the 15mn poc migrated to 2927. Price relative to that level is important to monitor. Pre-open today ES is printing above 2927 in a strong position. Significant Buying (green) marked above the poc would be a positive as would an […]

emini 2nd September 2019 – pre-open from ChartProfit See Friday’s highlighted comments. Last week the 15mn poc migrated to 2927. Price relative to that level is important to monitor. Pre-open today the high has been 2926.50. Significant Buying (green) marked above the poc would be a positive as would an improvement in Breadth, see numbers […]

Stock market Sentiment – Charts through 30th August 2019 PDF Consensus Polls: 08/30: AAII: Bulls% at 26.1%. Bears% at 42.2%. The net (Bulls minus Bears) at -16.1, is up from -26.5 three weeks ago, the most negative since middle of December last year. As I wrote then “an extreme like this doesn’t always mark the […]

emini 30th August 2019 – from ChartProfit See Thursday’s highlighted comments. Enough time was spent at 2927 on Thursday to lift the 15mn poc to that level. As we know, a migration of a controlling price will often preceed a directional move. If ES remains above 2927 (now Support) odds favour that move being up. […]

emini 29th August 2019 Since the start of the month ES has been in a range centred around 2887, the 15mn poc. Significant Sellers has been marked four times in that period but have not effectively auctioned price lower – this price action usually indicates Buyers Resting. Bulls would want to see Significant Buying marked […]