emini SP500 28th August 2019 – pre-open from ChartProfit Value Areas this week have been printed below 2887, the 15mn poc which is a weak position. Recent Significant Selling (red) has not seen continuation, see comment 19th August, and Sentiment is overly Bearish (i.e. contrarian Bullish), see comment 14th August. ES is currently in a […]

emini 27th August 2019 – pre-open from ChartProfit During Thursday’s session there was an early probe of 2927, the 4mn poc, and ES immediately sold off generating a Value Area entirely below 2887, the 15mn poc which is a weak position (Friday’s VA was also generated below that level). Aggressive Selling was marked on Thursday […]

emini 23rd August 2019 – pre-open All four Value Areas this week have been generated above the 2903 Support (1/2R off this year’s high) and more importantly above 2887, the 15mn poc. That’s a strong position but ES hasn’t strayed far from the current controlling price at 2927 all week, normal behaviour prior to a […]

emini 22nd August 2019 – pre-open from ChartProfit All three Value Areas this week have been generated above the 2903 Support (1/2R off this year’s high) and more importantly above 2887, the 15mn poc. Currently ES “likes” 2927, the 4mn poc, more time was printed there on Wednesday. As I wrote on Tuesday “Price relative […]

emini Wednesday 21st August 2019 Late in Tuesday’s session the Support at 2903 (1/2R off this year’s high) was briefly tested. The Value Area was generated entirely above that level and pre-open today ES has printed back up to probe 2927, the 4mn poc. As I wrote yesterday “Price relative to this level is important […]

emini Tuesday 20th August 2019 ES has rallied back to print more time at 2927, the 4mn poc, both during Monday’s session and overnight. Price relative to this level is important to monitor. Significant Buying (green) marked above the poc would be a positive sign and indicate a breakout of the recent range. The nearest […]

emini 19th August 2019 – pre-open from ChartProfit ES recovered on Friday and most time in the session was spent at 2887, the 15mn poc. Over the last ten days Significant Buyers have been marked once and Sellers three times. Sellers have been more active but the market hasn’t broken lower, rather it’s been ranging […]

Friday 16th August 2019 ES sold off overnight on Wednesday and early in Wednesday’s session there was a rejected probe of 2887, the 15mn poc. Value Areas on both Wed and Thu were generated below that poc, which is a weak position. I’m not considering longs until Significant Buying is marked above 2887. Stocks>50dyma numbers: […]

emini 15th August 2019 – pre-open from ChartProfit Read yesterday’s comments first. ES sold off overnight on Wednesday and the session opened with a rejected probe of 2887, the 15mn poc. ES sold off quickly and the entire Value Area was generated below that level, leaving ES in a weak position. Aggressive Selling (red-at-bottom) was […]