Tuesday 7th August 2018 from ChartProfit The market bounced back last week. Monday’s red-at-bottom low was briefly tested on Thursday and ES rallied strongly from there. Aggressive Buying was marked on Friday and again yesterday. 2772 remains First Level Support. Price below that level would be the first sign of weakness. Dayframe: The v min […]

emini 6th August – pre-open from ChartProfit The market bounced back last week. Monday’s red-at-bottom low was briefly tested on Thursday and ES rallied strongly from there. Aggressive Buying was marked on Friday. 2772 remains First Level Support. Price below that level would be the first sign of weakness. Dayframe: The v min (28day) poc […]

emini 3rd August 2018 – pre-open from Chartprofit See Wednesday’s highlighted comments. Dayframe: The v min (25day) poc remains at 2815 and price relative to that level worth monitoring re strength/weakness. 2772 remains First Level Support. Price below that level would be the first sign of weakness. Price below 2718 would be the first sign […]

emini analysis 2nd August 2018 from Chartprofit Tuesday’s green-at-top high was briefly broken but then ES sold off and generated a lower Value Area, i.e. once again no follow-on buying, see Wednesday’s comments. The v min (25day) poc remains at 2815 and price below that level is weak price location in the dayframe. 2772 remains […]

ES analysis Wednesday 1st August 2018 from Chartprofit Green-at-top highs and Red-at-bottom lows indicate continuation in the short term. Unusually, the Buying imbalance last Wednesday and the Selling imbalance on Monday did not see follow-on in price. On the rare occasions this happens it nearly always means a poc of some degree is emerging between […]

ES analysis Tuesday 31st July 2018 from Chartprofit Aggressive Selling (red) was marked on Friday and again on Monday. Red-at-bottom lows are usually tested within a day (or two). New long trades are eliminated for me, at least until Significant Buying (green) is marked. This Selling can be considered Reactive because it has taken place […]

ES analysis – Monday 30th July 2018 from Chartprofit On Wednesday, Aggressive Buying (green) was marked. Unusually that green-at-top high was not exceeded within the next two trading days and in fact Wednesday’s low was broken on Friday negating any ST positive implications of that Buying Imbalance. ES found Support twice at 2772, the minor […]

emini 20th July 2018 – pre-open from Chartprofit I can add very little to yesterday’s comments. Aggressive Buying (green) was marked twice last week and note that last week ES found Support at 2772, the minor poc (see chart) – this is First Level ST Support. First sign of ST weakness would be time printed […]

emini 18th July 2018 – pre-open from Chartprofit Aggressive Buying (green) was marked twice last week and note that last Wednesday’s session found Support at 2772, the minor poc, and this is First Level ST Support. First sign of ST weakness would be time printed below that level. ES stalled at the 9mn VAH (2801), […]