emini analysis 27th November 2017 – pre-open from Chartprofit ES printed a new high on Friday above 2600. First sign of weakness would be a Value Area printed below 2573.50, the 3mn poc. Significant Selling (red) has not been marked for 69 days. First Level Support = 2573.50 (3mn poc) Market Charts: Nyse & R2000 […]

emini analysis 21st November 2017 – pre-open from Chartprofit Last Thursday’s session found early Support at 2573.50, the 3mn poc. All three Value Areas since then have been generated above that Support. Price above that level is strong price location. Pre-open ES has printed above yesterday’s high. Significant Selling (red) has not been marked for […]

emini analysis 20th November 2017 – pre-open from Chartprofit Thursday’s session found early Support at 2573.50. Price above that level is strong price location. Significant Selling (red) has not been marked for 64 days. First Level Support = 2573.50 (3mn poc) Sentiment: My version of the Rydex Assets Ratio ended the week at 13.45 having […]

emini analysis 17th November 2017 – pre-open from Chartprofit Thursday’s session found early Support at 2573.50, the 3mn poc, and rallied, see yesterday’s comments. ES is in a strong price location. Significant Selling (red) has not been marked for 63 days. Breadth numbers improved, see below. First Level Support = 2573.50 (3mn poc) Sentiment: My […]

emini analysis 16th November 2017 – pre-open from Chartprofit The 3mn poc is moving around. On Monday it migrated slightly higher to 2578, see Tuesday’s comments. That poc was Resistance in Tuesday’s session (dashed line) and Tuesday’s Value Area was printed entirely below that level which was a minor sign of weakness. Overnight the poc […]

emini analysis 15th November 2017 – pre-open from Chartprofit On Monday the 3mn poc migrated slightly higher to 2578, see yesterday’s comments. That poc was Resistance in Tuesday’s session, see chart, and Tuesday’s Value Area was printed entirely below that level. This is a minor sign of weakness. Significant Selling (red) has not been marked […]

emini analysis 14th November 2017 – pre-open from Chartprofit Value Areas last week were printed above 2573. That poc was tested early in Monday’s session but ES rallied from there. Later in the day the poc (3mn) migrated higher to 2578.00. This is now First Level Support and a Value Area printed entirely below that […]

emini analysis 13th November 2017 – pre-open from Chartprofit Value Areas last week were printed above 2573, the minor poc and Friday’s session found Support at that price, see chart. A Value Area printed entirely below that level would be the first minor sign of weakness. Pre-open today ES is printing very close to 2573. […]