Stock market today 6th December 2016 – pre-open from Chartprofit I wrote yesterday >>2200. Price relative to that level is worth monitoring at the start of this week as a clue to ST strength/weakness<<. Monday’s Value Area was generated above that level and see intraday Support on the chart. Also, Tuesday printed above Thursday’s high […]

Stock market today 5th December 2016 – pre-open from Chartprofit Dayframe: Thursday and Friday generated Value Areas below 2200 (5week poc), see previous, highlighted comments. Aggressive Selling (red-at-bottom) was marked on Thursday. New longs are eliminated for me at least until Significant Buying (green) is marked again. One hour pre-open today ES is printing close […]

Stock market today 2nd December 2016 – pre-open from Chartprofit Dayframe: Thursday’s Value Area was generated entirely below 2200 (5week poc), see previous, highlighted comments. Aggressive Selling (red-at-bottom) was also marked. New longs are eliminated for me at least until Significant Buying (green) is marked again. Also see Sentiment below. LT: As long as ES […]

Stock market today 1st December 2016 – pre-open from Chartprofit emini analysis: Please read previous comments. As long as ES prints above 2159.50 it is in a LT strong price location. The last eleven Value Areas have been printed above that level. Dayframe: First minor sign of weakness would be a Value Area generated below […]

emini analysis 29th November 2016 – from Chartprofit emini analysis: Please read previous comments. As long as ES prints above 2159.50 it is in a LT strong price location. The last ten Value Areas have been printed above that level. Dayframe: First minor sign of weakness would be a Value Area generated below 2200 which […]

Stock market today 29th November 2016 – pre-open from Chartprofit emini analysis: Please read previous comments. As long as ES prints above 2159.50 it is in a LT strong price location. The last nine Value Areas have been printed above that level. Dayframe: First minor sign of weakness would be a Value Area generated below […]

Stock market today 28th November 2016 – pre-open from Chartprofit emini analysis: Please read previous highlighted, comments. As long as ES prints above 2159.50 it is in a LT strong price location. The last eight Value Areas have been printed above that level. RSI (14day) is overbought as follows: SPY RSI at 70.72, highest since […]

Stock market today 25th November 2016 – pre-open from Chartprofit emini analysis: Please read previous highlighted, comments. As long as ES prints above 2159.50 it is in a LT strong price location. The last seven Value Areas have been printed above that level. Significant Selling (red) has not been marked for sixteen days. First Level […]