emini 31st December 2018 – pre-open from Chartprofit Equities bounced last week but Significant Buying (green-at-top) has yet to be marked. Sentiment measures have been indicating levels of bearishness consistent with those often seen at market lows but after a sell-off like this I need to see more evidence that Bulls are regaining control. Other […]

FTSE 100 tested the 6580 target this week.

emini futures 28th December 2018 – pre-open from Chartprofit Early in Tuesday’s session there was a rejected test of the first possible Support that ES could find which was Wednesday’s controlling price (dashed red line) and a strong rally followed. Holding the previous day’s poc is a minor indication of strength. The next positive would […]

emini futures 27th December 2018 – pre-open During Monday’s shortened session ES printed a new low for this down trend but rallied strongly on Wednesday. As I have been writing recently, >>only the Sentiment data, which is at/reaching bearish extremes and the December seasonal pattern offer a ray of hope but with weak price location […]

emini futures 24th December 2018 – pre-open from Chartprofit On Friday ES printed a new low for this down trend and Aggressive Selling (red-at-bottom) was marked again. As I have been writing recently, >>only the Sentiment data, which is at/reaching bearish extremes and the December seasonal pattern offer a ray of hope but with weak […]

emini futures 21st December 2018 – pre-open from Chartprofit On Thursday ES printed a new low for this down trend. As I have been writing recently, >>only the Sentiment data, which is at/reaching bearish extremes and the December seasonal pattern offer a ray of hope but with weak price location and a negative Pulse Chart […]

emini futures 20th December 2018 – pre-open from Chartprofit Once again the pattern of weakness into the session close continued on Wednesday. An outside/overlapping Value Area was generated but ES printed a new low for this down trend below 2500. As I have been writing recently, Only the Sentiment data, which is at/reaching bearish extremes […]

Emini SP500 19th December 2018 – pre-open from Chartprofit ES opened Tuesday’s day session higher but later fell back to re-test Monday’s red-at-low bottom. As I mentioned pre-open yesterday >>these red-at-bottom lows are retested 80% of the time within two days<< see previous highlighted comments. Only the Sentiment data, which is at/reaching bearish extremes and […]

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 […]