emini analysis 10th May 2017 – pre-open from Chartprofit The current (minor) price distribution (approx. one month) with poc at 2385, looks compete or near to completion. Therefore in the ST timeframe it is important to monitor price relative to that poc. In the LT as long as ES holds above 2353 (3month poc) it […]

emini analysis 9th May 2017 – pre-open from Chartprofit Last week there was a rejected test of the one month VAL at 2380, (dashed line) see Wednesday’s highlighted comments. In the ST as long as ES holds above 2385 it is in a strong price location and in the LT as long as ES holds […]

emini analysis 8th May 2017 – pre-open from Chartprofit Last week there was a rejected test of the one month VAL at 2380, dashed line, see Wednesday’s highlighted comments. Last week’s Value Areas were printed above that level. On Friday ES found Support at the one month poc at 2385 and rallied to close the […]

emini analysis 5th April 2017 – pre-open from Chartprofit Dayframe: see Wednesday’s highlighted comments. Thursday’s session was similar to Wednesday’s. A rejected test below 2380 (dashed line) – the VAL of the one month distribution and a Value Area printed above that level. Currently ES is still finding the one month poc at 2385 attractive. […]

emini analysis 4th May 2017 – pre-open from Chartprofit Dayframe: see yesterday’s highlighted comments. Early in Wednesday’s session there was a test below 2380 (dashed line) – the VAL of the one month distribution. This was rejected and ES rallied. The Value Area was printed above this level. This suggests ES still has an upward […]

emini analysis 3rd May 2017 – pre-open from Chartprofit ES spent Tuesday’s session oscillating around 2385, the one month poc. Significant Buying (green) marked above this level would be a big positive. Price relative to this level could be monitored at as a guide to ST strength/weakness. Dayframe: The Value Area Low (VAL) of this […]

emini analysis 2nd May 2017 – pre-open from Chartprofit The one month poc migrated to 2385. Price relative to this level could be monitored at as a guide to ST strength/weakness. One hour pre-open ES prints close to that level Breadth numbers improved last week and are now Supportive. Momentum (PriceOsc) on the SPY chart […]

emini analysis 1st May 2017 – pre-open from Chartprofit ES auctioned higher early last week and then consolidated through Friday, see last Tuesday’s highlighted comments. Breadth numbers improved and are now Supportive. Momentum (PriceOsc) on the SPY chart turned positive. In the LT as long as ES holds above 2353 it is in a strong […]