emini 9th May 2018 – pre-open from Chartprofit See previous, highlighted comments. Last Thursday’s low was a (rejected) test of 2595, the 7month Value Area Low, see chart. On Friday I marked Aggressive Buying (green-at-top) which approached 2672, the 12mn poc. Monday’s and Tuesday’s Value Areas have been generated close to that level. Time printed […]

pre-open Tuesday 8th May 2018 See previous, highlighted comments. Thursday’s low was a (rejected) test of 2595, the 7month Value Area Low, see chart. On Friday I marked Aggressive Buying (green-at-top) and on Monday price was accepted around 2672, the 12mn poc. Time printed above 2672 would be a positive. First Level Support/Resistance = 2672 […]

emini 4th May 2018 – pre-open from Chartprofit See previous, highlighted comments. Monday’s session opened above the 2672 poc and immediately sold-off; subsequent Value Areas have been printed below that level. ES remains in a weak price location. Thursday’s low was a test of 2595, the 7month Value Area Low, see chart. The test was […]

emini 3rd May 2018 – pre-open from Chartprofit See Friday’s comments (highlighted). Friday’s session generated a Value Area just below 2672, the 12mn poc. (Note that 2672 is the 1/2R off the February low for the ES June contract as well.) Aggressive Buying marked above that poc would be a positive but we also need […]

emini 2nd May 2018 – pre-open from Chartprofit See Friday’s comments (highlighted). Friday’s session generated a Value Area just below 2672, the 12mn poc. Aggressive Buying marked above that poc would be a positive but as explained in we also need to see ES printing above the high of last Tuesday’s Aggressive Selling day which […]

emini analysis 27th April 2018 – pre-open from Chartprofit Thursday’s session found its low at 2647 (which was) the 12mn poc. That’s a positive. Aggressive Buying (green-at-top) was marked. That’s another positive. But… firstly the high of Tuesday’s Aggressive Selling day is at 2684 (dashed line)and this has not yet been exceeded AND the 12mn […]

emini 26th April 2018 – pre-open from Chartprofit Wednesday’s session generated aValue Area entirely below 2647, the major poc, see yesterday’s comments. Interestingly the minor (2month) poc is now at 2632 and ES found Support at that level during the late part of the session, see chart. Overnight ES also recovered back above 2647, the […]

pre-open Wednesday 25th April 2018 See previous highlighted comments. In Tuesday’s session Aggressive Selling (red-at-bottom) was marked below the 2647 poc Support. This is an indication of weakness – a Value Area generated entirely below that level would be a further negative. Index ETFs: SPY 264.50 = 9mn; IWM 153.50 = 1year Stocks>50dyma numbers: Nyse […]