As noted yesterday, on Monday the major Control migrated to 5244.5. Tuesday’s Value Area was generated entirely above that level which means for the first time this month ES is in a strong position. Bulls should look for 5244.50 to hold as Support or be recovered quickly on a test. Time below that level would […]

LT Development: The major Control has migrated to 5244.5, see note 4th March on chart. Price relative to that level is important to monitor. Time below the Control would be a negative – weak position.ST Development: Minor Control (1 month) migrated lower to 5302. read this post on substack

Minor Control migrated lower to 5387 (from 5429). That is First Resistance today. Significant Selling (red) marked yesterday.

1/2R for the German DAX is just below 21,000. See chart below. Worth watching. DAX has recovered the 1/2R – can it build a base above that level? Read this post on Substack

Pre-RTH-open ES is printing below 5429, the minor Control. Bulls would want to see this level recovered.The next Level of Resistance is the 1/2R at 5533 (dashed line), see note 04/10. Read this post on Substack

ST: The minor Control migrated higher again to 5429.0. Price relative to that level is worth monitoring post-RTH open today.Read this post on SubstackLT: First Level Resistance is the 1/2R at 5533 (dashed line), see note 04/10

Read this post on Substack On Friday the minor Control migrated to 5313. That is now First Level Support. First Level Resistance is the 1/2R at 5533 (dashed line), see note 04/10. Bulls would want to see time building above that level; price above the major Control at 5635 would be better still. Note that […]

Please note: the following was posted on https://chartprofit.substack.com/ on April 10. Due to a technical issue, the post was not archived here until April 11th. Strong rally yesterday. There is natural Resistance at 5533 (dashed line) which is the 1/2R from high for June contract. See chart, ES is testing that level. 1/2R from high […]

Please note: the following was posted on https://chartprofit.substack.com/ on April 9. Due to a technical issue, the post was not archived here until April 11th. See yesgterday’s note, on chart. Tuesday’s Value Area was generated entirely below 5244 – ES remains in a very weak position even on the shortest timeframe. The v min Control […]

Please note that the following was posted on https://chartprofit.substack.com/ on April 8. Due to a technical issue, the post was not archived here until April 11th. I’ve been monitoring 5244 (a Control of a previous Major distribution)’. Pre-RTH that level was briefly tested – just before Open ES prints 5219. Price printing time above that […]