emini 31st July 2019 – pre-open from ChartProfit Aggressive Buying was marked twice last week. A day-session close below Wednesday’s low at 2999 would negate the ST bullish implications of that Buying Day. The last five Value Areas have all been generated above the minor Support at 3000 (1mn poc) which is a positive. First […]

emini SP500 19th July 2019 – pre-open from ChartProfit During Thursday’s session the 2mn poc migrated to 2977. This is now First Level Support. A poc level moving like this often precedes a directional move so I am watching this level. Price printing time below 2977 would be a first sign of weakness. The 1mn […]

emini SP500 18th July 2019 – pre-open from ChartProfit Aggressive Selling was marked again on Wednesday, see yesterday’s comments. In the longer timeframe this is Reactive Selling as it is above First Level Support at 2957.00 (1mn poc). Aggressive Selling marked below that level would be a more important mark from the Sellers. Stocks>50dyma numbers: […]

emini 17th July 2019 – pre-open from ChartProfit Tuesday’s session close was above 3005, so we haven’t seen a first indication of weakness as described yesterday, see highlighted comments on graphic. Aggressive Selling was marked though which new longs are eliminated for me, at least until Aggressive Selling (green-at-top) is marked again. First Level Support […]

emini 16th July 2019 – pre-open from ChartProfit Aggressive Buying (green-at-top) was marked on Friday. In an uptrend, the low of an Aggressive Buying day will usually hold. A day-session close below 3005, Friday’s low, would be the first indication of weakness but First Level Support is at 2957.00 the 1mn poc. Stocks>50dyma numbers: Nyse […]

emini 15th July 2019 – pre-open from ChartProfit Aggressive Buying (green-at-top) was marked again on Friday. In an uptrend, the low of an Aggressive Buying day will usually hold. A close below Friday’s low 3005 would be the first indication of weakness but First Level Support is at 2957.00 the 1mn poc. Market Charts: All […]

emini 12th July 2019 – pre-open from ChartProfit Following the Aggressive Buying (green-at-top) on 06/28, ES has printed higher. First Level Support is at 2957.00 the 1mn poc. Second Level Support is at 2927.00, the 2month poc. Stocks>50dyma numbers: Nyse 66% (from 67%), Nasdaq 57% (from 58%), R2000 57% (from 59%). Numbers >50 are supportive. […]

emini SP500 11th July 2019 – pre-open from ChartProfit Following the Aggressive Buying (green-at-top) on 06/28, ES has printed higher. In the LT, First Level Support is at 2927.00, the 2month poc. As long as price holds this level it is in a strong location. Stocks>50dyma numbers: Nyse 67% (from 65%), Nasdaq 58% (unch), R2000 […]