emini analysis 30th December 2016 – pre-open from Chartprofit Wednesday’s price action was negative. I marked Aggressive Selling (red-at-bottom) below 2259 (3mn poc) and the Value Area was generated entirely below that level. That red-at-bottom low was tested in Thursday’s session and an overlapping/lower Value Area was generated on low volume. 2259 is now First […]

emini analysis 29th December 2016 – pre-open from Chartprofit All the price action over the last nine days has taken place within the range of Wednesday 12/14. Yesterday’s price action was negative. I marked Aggressive Selling (red-at-bottom) below 2259 (3mn poc) and the Value Area was generated entirely below that level. Since pre-open Thursday 15th […]

emini analysis 28th December 2016 – pre-open from Chartprofit Dayframe: All the price action over the last eight days has taken place within the range of Wednesday 12/14. The 3month poc is now at 2259 and price above that level is strong location. On the Pulse Chart there is a clear negative divergence on the […]

emini analysis 23rd December 2016 – pre-open from Chartprofit Dayframe: All the price action over the last six days has taken place within last Wednesday’s range, see Monday’s comments. On Thursday there was a rejected test of 2259 (minor poc) at the open, see yesterday’s comments. The Value Area was generated entirely below that level. […]

Stock market today 22nd December 2016 Dayframe: All the price action over the last five days has taken place within last Wednesday’s range, see Monday’s comments. Overnight the minor (20day) poc has migrated again – now to 2259.00. Price relative to this level will provide a clue intraday re minor strength/weakness. One hour pre-open ES […]

Stock market today 21st December 2016 – pre-open from Chartprofit Dayframe: All the price action over the last four days has taken place within last Wednesday’s range, see Monday’s comments. The minor (18day) poc has migrated higher (again) to 2266.50. Price relative to this level will provide a clue intraday re minor strength/weakness. One hour […]

Stock market today 20th December 2016 – pre-open from Chartprofit All the price action over the last three days has taken place within Wednesday’s range, see Monday’s comments. The minor (17day) poc has migrated higher to 2258.50. Price relative to this level will provide a clue re minor strength/weakness. Thirty minutes pre-open ES was printing […]

Stock market today 19th December 2016 – pre-open from Chartprofit See previous comments. All the price action on Thursday and Friday took place within Wednesday’s range. Wednesday’s red-at-bottom low has yet to be tested and 80% of the time Aggressive selling lows are tested within two days. If Wednesday’s high at 2272 is exceeded it […]