emini analysis 4th August 2017 – pre-open from Chartprofit The minor poc (1month) is now at 2470.00. Pre-open today ES prints just above that price. The first minor sign of weakness would be a Value Area printed below that level. First Level Support/Resistance = 2470.0 (1mn poc) Second Level Support = 2436.50 (3mn poc) Sentiment: […]

emini analysis 3rd August 2017 – pre-open from Chartprofit Please read previous comments. Last week’s sell-off on Thursday was Supported at the (then) minor 2456.50 poc. That minor poc (1month) is now at 2473.00. Pre-open today ES prints very close to that price. The first minor sign of weakness would be a Value Area printed […]

emini analysis 2nd August 2017 – pre-open from Chartprofit Please read previous comments. As discussed, last week’s sell-off on Thursday was Supported at the minor 2456.50 poc. That minor poc (1month) migrated to 2468.0 on Monday and has now migrated higher again to 2473.00. The first minor sign of weakness would be a Value Area […]

emini analysis 1st August 2017 – pre-open from Chartprofit Please read previous comments. As discussed, last week’s sell-off on Thursday was Supported at the minor 2456.50 poc. That minor poc (1month) has now migrated to 2468.0. The first minor sign weakness would be a Value Area printed below this level. First Level Support = 2468.0 […]

emini analysis 31st July 2017 – pre-open from Chartprofit Please read previous comments. As discussed, last week’s sell-off on Thursday was Supported at the minor 2456.50 poc. The first minor sign weakness would be a Value Area printed below this level. First Level LT Support = 2436.50 (3mn poc) Sentiment: My version of the Rydex […]

emini analysis 28th July 2017 – pre-open from Chartprofit Please read previous comments. Thursday’s sell-off generated a lower, wider, Value Area and Aggressive Selling (red-at-bottom) was marked. Note that the decline was Supported at the minor 2456.50 poc. Therefore in the longer timeframe this price action can be considered Reactive Selling because the Value Area […]

emini analysis 27th July 2017 – pre-open from Chartprofit Please read previous comments. ES reached a new all-time-high again this week, as did SPY and IWM. Aggressive Buying (green-at-top) has been marked twice in the last nine days and ES has auctioned higher so this is Effective Buying. As long as ES holds above 2436.50, […]

emini analysis 26th July 2017 – post-open from Chartprofit Please read previous comments. ES reached a new all-time-high again on Tuesday, as did SPY and IWM. Aggressive Buying (green-at-top) has been marked twice in the last eight days and ES has auctioned higher so this is Effective Buying. As long as ES holds above 2436.50, […]

emini analysis 25th July 2017 – pre-open from Chartprofit Please read previous comments. ES reached a new all-time-high last week. Aggressive Buying (green-at-top) has been marked twice in the last seven days and ES has auctioned higher so this is Effective Buying. As long as ES holds above 2436.50, the 3mn poc, it is in […]

emini analysis 24th July 2017 – pre-open from Chartprofit Please read previous comments. ES reached a new all-time-high last week. Aggressive Buying (green-at-top) has been marked twice in the last six days and ES has auctioned higher so this is Effective Buying. As long as ES holds above 2436.50, the 3mn poc, it is in […]