emini futures 4th January 2018 – pre-open from Chartprofit Both Tuesday’s and Wednesday’s Value Areas were generated entirely above 2688, the minor (2mn) poc, see yesterday’s comments. Aggressive dayframe Buying (green-at-top) was marked on both days. First sign of weakness would now be Significant Selling (red) marked below 2688. First Level Support = 2688.00 (2mn […]

emini futures 3rd January 2017 – pre-open from Chartprofit The minor (2mn) poc migrated slightly higher to 2688. This is now First Level Support and price relative to this level is a guide to ST strength/weakness. Tuesday’s Value Area was generated entirely above this level. Aggressive dayframe Buying (green-at-top) was marked. First sign of weakness […]

emini futures 2nd January 2018 – pre-open from Chartprofit On Friday the minor (2mn) poc for the S&P emini futures migrated to 2686. This is now First Level Resistance and price relative to this level could be a guide to ST strength/weakness. This leaves the next price/time level of importance at 2580, and this is […]

emini analysis 29th December 2017 – pre-open from Chartprofit See previous comments. There is a minor (27day) poc at 2687. Price relative to this level could be a guide to ST strength/weakness. See Sentiment, below. First Level ST Support = 2624.00 (poc) First Level LT Support = 2573.50 (3mn poc) Stocks>50dyma numbers: Nyse 67% (from […]

emini analysis 28th December 2017 – pre-open from Chartprofit See previous comments. There is a minor (26day) poc at 2687. Price relative to this level could be a guide to ST strength/weakness. See Sentiment, below. First Level ST Support = 2624.00 (poc) First Level LT Support = 2573.50 (3mn poc) Stocks>50dyma numbers: Nyse 66% (unch), […]

emini analysis 22nd December 2017 – pre-open from Chartprofit See Wednesday’s highlighted comments. There is a v minor (13day) poc at 2690. Price relative to this level today could be a guide to ST strength/weakness. First Level ST Support = 2624.00 (minor poc) First Level LT Support = 2573.50 (3mn poc) Stocks>50dyma numbers: Nyse 66% […]

emini analysis 20th December 2017 – pre-open from Chartprofit As mentioned before I try to answer two questions from the profile analysis. 1) Who is Active? 2) Are they Effective? On the dayframe (the minor timeframe) Sellers were Active last Thursday (red-at-bottom). Was this Selling Effective? An overlapping/lower Value Area means yes, but only on […]

emini analysis 19th December 2017 – pre-open from Chartprofit In the longer timeframe Thursday was a Reactive Selling day only and was completely retraced on Friday. Buyers are still in control. Monday gapped to a new high. First Level ST Support = 2624.00 (minor poc) First Level LT Support = 2573.50 (3mn poc) Stocks>50dyma numbers: […]

emini analysis 18th December 2017 – pre-open from Chartprofit I classified as Thursday’s Selling (red) as Reactive Selling only. See Friday’s highlighted comments. The red-at-bottom day was completely retraced on Friday. This is rare and indicates that the Buyers are still in control. First sign of weakness would be a Value Area printed below 2624.00, […]