emini analysis 26th June 2018 – pre-open from Chartprofit On Thursday and Friday ES generated Value Areas below 2772 indicating ST weakness, see previous comments. On Monday there was a sell-off down to test the 2718 Support. Pre-open today ES is printing back above that level. Price printing time (e.g. a Value Area) would be […]

emini 25th June 2018 – pre-open from Chartprofit On Thursday and Friday ES generated Value Areas below 2772. Unless that minor poc migrates lower, Bulls would want to see price printing time back above it, see previous, highlighted comments. Pre-open ES has printed below 2740. There is LT Support at 2718, (12mn poc) and ES […]

emini 22nd June 2018 – pre-open from Chartprofit In the ST, Bulls still need to see a meaningful recovery back above 2772, the minor poc. Pre-open ES has printed as high as 2768.25. Significant Selling has not been marked for 41 days, see Monday’s highlighted comments. In the LT ES needs to hold 2718, (12mn […]

emini 21st June 2018 – pre-open from Chartprofit Wednesday’s session generated a higher Value. Area. In Tuesday’s pre-open I wrote “In the ST, Bulls would want to see a recovery back above 2772” – that’s what we’ve seen so far but ES needs to hold this level now. In the LT ES needs to hold […]

emini 19th June 2018 – pre-open from Chartprofit See yesterday’s highlighted comments. ES opened below 2772, the minor poc, on Monday but recovered. However, overnight there was a sell-off and ES printed below 2740. In the ST, Bulls would want to see a recovery back above 2772 (unless that minor poc migrates lower). In the […]

emini 18th June 2018 – pre-open from Chartprofit A minor (14day) poc has emerged at 2772, and this may be a useful reference at the start of this week to gauge ST strength/weakness. Pre-open today ES prints below that level. Friday’s session (like Thursday’s) generated a lower Value Area. There has been no Significant Selling […]

emini 15th June 2018 – pre-open from Chartprofit Thursday’s session generated a lower Value Area. There has been no Significant Selling (red) marked for 36 days. With the Significant Buyers being active (green) over that period and the market moving higher (indicating Effective Buying) I assume the Buyers are still control of the dayframe. Pre-open […]

emini 14th June 2018 – pre-open from Chartprofit The intraday numbers for Tuesday and Wednesday have been negative indicating net Selling activity on both days and yet the Value Areas have been overlapping rather than lower. This suggests that the Selling activity has been ineffective on the minor timeframe and is probably an indication of […]

emini 13th June 2018 – pre-open from Chartprofit See Monday’s highlighted comments. Tuesday’s session generated an eighth Value Area entirely above 2718, the 12mn poc. ES needs to hold above this level to maintain a strong LT price location. There has been no Significant Selling (red) marked for 34 days. Support = 2718.00 (12mn poc) […]