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 […]

emini future 10th December 2018 – pre-open from Chartprofit Friday’s session opened higher and sold off immediately with 2634, the 12mn VAL, being tested again. An “outside” Value Area was generated. Pre-open today ES is printing up slightly from that level and as I wrote last week >>price acceptance at 2634 would be a bearish […]

This week the FTSE has tested 6820, the maj poc. It recovered intra-day today but closed below it in a weak position. Critical that FTSE recovers this level.

This week the 3year migrated to 153.50 and IWM prints below it in a weak position.