emini analysis 12th July 2017 – pre-open Please read previous comments. The 6wk Value Area Low at 2419 (dashed line) was tested on Tuesday but ES recovered quickly and the Value Area of the session ws printed entirely above that level. The one month poc has migrated to 2424.00. Pre-open today ES has reached as […]

emini analysis 11th July 2017 – pre-open from Chartprofit Please read previous comments. The 6wk Value Area Low (VAL) is now at 2419 (dashed line). If price is accepted around this level or lower it would indicate further weakness. I would want to see Significant Buying (green) being marked before considering new longs – and […]

emini analysis 10th July 2017 – pre-open from Chartprofit Aggressive Selling was marked on Thursday – however Friday’s session exceeded Thursday’s high, see chart, which negates any ST negative implications of that red-at-bottom low. This is unusual, 80% of the time a red-at-bottom low is tested before the high of that profile is exceeded. The […]

emini analysis 7th July 2017 – pre-open from Chartprofit Please read previous highlighted comments. Exact high of Monday’s short session was the Resistance at 2436.50, see chart. The 6wk Value Area Low (VAL) is at 2418 (dashed line). Price at, and below, this level was accepted on Thursday which is a negative indication. Also, Aggressive […]

emini analysis 6th July 2017 – pre-open from Chartprofit Please read previous highlighted comments. Exact high of Monday’s short session was the Resistance at 2436.50, see chart. The 6wk Value Area Low (VAL) is at 2418 (dashed line) and as long as the 6wk poc remains at 2436.50 then any test of 2418 should be […]

Please read previous highlighted comments. Exact high of Monday’s short session was the Resistance at 2436.50, see chart. The 6wk Value Area Low (VAL) has migrated slightly higher to 2418 (dashed line) and as long as the 6wk poc remains at 2436.50 then any test of 2418 should be rejected. If that failed to occur […]

emini analysis 3rd July 2017 – pre-open from Chartprofit Please read previous highlighted comments. The 6wk poc remains at 2436.50 – price relative to that level is important to monitor. Thirty minutes pre-open today ES prints below that level. The 6wk Value Area Low (VAL) is still at 2415 (dashed line). Although time was spent […]

emini analysis 30th June 2017 – pre-open from Chartprofit Thursday’s session opened above 2436.50, the 6wk poc, and immediately sold off. Time was spent in the price area around 2415, see previous, highlighted comments. Although time was spent below that VAL, ES quickly recovered and pre-open today has printed above 2425. Unless the 6wk poc […]

emini analysis 29th June 2017 – pre-open from Chartprofit See yesterday’s highlighted comments. Before Tuesday’s session opened there was a rejected test of 2415, the Value Area Low (VAL) of the minor distribution that began in May. Encouragingly that suggests the distribution is still valid and developing. Price acceptance (time) around 2415 would be evidence […]

emini analysis 28th June 2017 – pre-open from Chartprofit See yesterday’s highlighted comments. During Monday’s session the 6wk poc migrated slightly higher to 2436.50. Early in Tuesday’s session that poc was probed and rejected (see chart). ES sold off from there and Aggressive Selling was marked. The controlling price at 2436.50 is the poc of […]