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 […]

Stock market today 23rd 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 strong price location. The last six Value Areas have been printed above that level. Significant Selling (red) has not been marked for fifteen days. I’m also closely […]

Stock market today 21st November 2016. Pre-open from Chartprofit. emini analysis: Please read previous comments. Encouragingly, the last four Value Areas have been generated entirely above 2159.50, the 6month poc. Also last week, Aggressive Buying (green-at-top) was marked above that level, see previous comments. ES has to hold the 2159.50 poc to maintain a strong […]