Stock Market 26th August 2016 – pre-open from Chartprofit emini analysis: Wednesday’s red-at-bottom low was tested but so far there has been no follow-on weakness. However, Thursday’s Value Area was generated entirely below the 2177.50 poc which is weak price location in the ST. Unless ES recovers quickly back above that poc we should expect […]

Stock Market 24th August 2016 – pre-open from Chartprofit Tuesday’s session generated a higher Value Area above 2177.50. As long as ES holds this level it is in a strong price location. I have not marked Significant Buying or Selling for 23 days. First Level Support = 2177.50 Second Level Support = 2158.50 Stocks>50dyma numbers: […]

Stock Market 23rd August 2016 – pre-open from Chartprofit I track the controlling prices on various timeframes. On a very short term sampling period 2177.50 has now attracted more time than 2158.50 and becomes a poc on the monthly timeframe. Price relative to this level can be used as a guide to strength/weakness. First Level […]

Stock Market 22nd August – pre-open report from Chartprofit emini analysis: The minor poc (25 day) is at 2177.50 and overnight this minor Support has been tested. Price relative to that level will be useful to monitor at the start of this week as a guide to ST strength/weakness. In the longer timeframe as long […]

emini analysis 10th August 2016 – pre-open Chartprofit Tuesday’s session generated a higher / overlapping Value Area and a new high for ES. The 2month poc is at 2160.50 and ES needs to hold this level to maintain a strong price location. Significant Buying (green) marked above that poc would be a further positive. Dayframe: […]

emini analysis 8th August 2016 – pre-open from Chartprofit Friday’s session generated a higher Value Area and a new high for ES. The 2month poc is at 2160.50 and ES needs to hold this level to maintain a strong price location in the ST. Significant Buying (green) marked above that poc would be a positive. […]