Stock market today 20th October 2016 – pre-open from Chartprofit ES analysis: ES responded well to our levels on Wednesday. The session low came in at the minor (10day) poc and the high at our First Level Resistance, see previous comments. I have not yet marked Significant Selling but at current levels I am not […]

Stock market today 19th October 2016 – pre-open from Chartprofit ES analysis: Early in Friday’s session there was a rejected probe of 2142.25, our First Level Resistance and ES has yet to print back above that level so it remains in a weak price location. I have not yet marked Significant Selling but at current […]

Stock market today 18th October 2016 – pre-open from Chartprofit ES analysis: Early in Friday’s session there was a rejected probe of 2142.25, our First Level Resistance. ES printed a lower on Monday but overnight has rallied above Monday’s session high to print as high as 2139.75. I have yet to mark Significant Selling, see […]

Stock market today 17th October 2016 – pre-open from Chartprofit ES analysis: Early in Friday’s session there was a brief, rejected probe of 2142.25, our First Level Resistance. I have yet to mark Significant Selling, see previous comments, but ES remains in a weak price location. Momentum (PriceOsc) for SPY and IWM is now negative […]

Stock market today 14th October 2016 ES analysis: Wednesday’s session opened lower, found some buying and rallied. A lower, wider Value Area was generated and ES remains in a weak price location below Resistance, see levels below. I have yet to mark Significant Selling, see previous comments. Momentum (PriceOsc) for SPY and IWM has just […]

Stock market today 13th October 2016 – pre-open from Chartprofit ES analysis: Tueday’s session opened just below the 1 month poc at 2154.00 and immediately sold off. Wednesday’s session generated a narrow, “inside” Value Area and overnight ES has printed as low as 2113.50. Although I have yet to mark Significant Selling, see previous comments, […]

Stock market today 12th October 2016 – pre-open from Chartprofit ES analysis: Tueday’s session opened just below the 1 month poc at 2154.00 and immediately sold off, see yesterday’s comments. The next directional move could be indicated by green (significant buying) or red (selling) being marked above or below this level. The 1/2R off August […]

Stock market today – 11th October 2016 – pre-open from Chartprofit ES analysis: Monday’s session generated a higher but narrower Value Area on low volume. The poc of the session was at 2159, see highlighted comments from 4th October, and just adding that so far no poc of any importance has migrated to that level […]

Stock market today – Monday 10th October 2016 – pre-open from Chartprofit ES analysis: The minor (1 month) poc migrated very slightly to 2152.00, see previous, highlighted, comments. Price needs to be monitored relative to that level. The next directional move could be indicated by green (significant buying) or red (selling) being marked above or […]