emini 20th April 2018 – pre-open from Chartprofit See yesterday’s highlighted comments. Thursday’s session generated a lower Value Area down from the Resistance at 2718. On Monday I marked Aggressive Buying; in the ST I view price printing below the low of a green-at-top day as a warning, and that level is 2665. Time spent […]

emini analysis 19th April 2018 – pre-open from Chartprofit ES has reached the Resistance at 2718, the 4mn poc, this was the session high on Wednesday. We also have the 6mn VAH at 2725, a little higher. Time spent above 2700 could lift the 9mn poc (currently at 2647) and that would in effect remove […]

emini analysis 18th April 2018 – pre-open from Chartprofit Last week the 9month poc migrated to ES 2647. This provided Support late in Friday’s session. On Monday I marked Aggressive Buying above that level. This was the first Significant Buying for 25 days. A Value Area generated below 2647 would be the first sign of […]

emini analysis 17th April 2018 – pre-open See previous, highlighted comments. Last week the 9month poc migrated to ES 2647. This provided Support late in Friday’s session, see chart. On Monday I marked Aggressive Buying above that level. A Value Area generated below 2647 would be the first sign of weakness. Breadth numbers improved, see […]

emini analysis 16th April 2018 – pre-open from Chartprofit As discussed in Friday’s video, last week the 9month poc migrated to ES 2647. This provided Support late in Friday’s session, see chart. A Value Area generated below 2647 would be the first minor sign of weakness. Index ETFs: SPY 264.50 = 9mn; IWM 153.50 = […]

emini analysis 13th April 2018 – pre-open from Chartprofit On Wednesday the minor (1month) poc migrated to 2647 and Thursday’s Value Area was generated entirely above that level, see yesterday’s highlighted comments. Last week the 8month poc migrated lower to 2582. ES needs to hold that level to remain in a strong location in the […]

emini analysis 12th April 2018 – pre-open from Chartprofit The decline on Monday afternoon was halted at 2611, the minor poc. On Wednesday that minor (1month) poc migrated to 2647. This is a new reference level for us in the ST and price relative to 2647 could be monitored for strength/weakness. I think 2647 could […]

emini analysis 11th April 2018 – pre-open from Chartprofit The decline on Monday afternoon was halted at 2611, the 1mn poc, see previous highlighted comments. ES needs to hold that level to remain in a strong location in the ST. Last week the 8month poc migrated lower to 2582. ES needs to hold that level […]

ES analysis 10th April 2018 – pre-open from Chartprofit In the afternoon of Monday’s session there was a sell-off. The decline was halted at 2611, the 1mn poc, see yesterday’s highlighted comments. ES rallied from there and overnight printed back above 2650. Last week the 8month poc migrated lower to 2582. Bulls would want to […]

emini analysis 9th April 2018 – pre-open from Chartprofit Last Wednesday the 8month poc migrated lower to 2582. Bulls would want to see this Support hold. Significant Buying (green) marked above this level would be a positive. Major Resistance is at the 2725 poc. Dayframe: The 1month poc is at 2611. Price relative to this […]