emini analysis 13th April 2017 – pre-open from Chartprofit The three month poc migrated to 2353 on Monday. It is now very important for the Bulls that ES recovers back above that level – currently price is in a weak location. During Tuesday’s session the 3month VAL at 2334 (dashed line) was tested and ES […]

emini analysis 12th April 2017 – pre-open from Chartprofit The three month poc migrated to 2353 on Monday. It is now very important for the Bulls that ES prints above that level. During Tuesday’s session the 3month VAL at 2334 (dashed line) was tested and ES rallied but did not print higher than the 2353 […]

emini analysis 11th April 2017 – pre-open from Chartprofit Please read Friday’s highlighted comments. During Monday’s session the three month poc migrated to 2353. This suggests that the current distribution which began in February may be complete/near completion and a new distribution will begin. There has been no directional conviction recently (no Significant Buying or […]

emini analysis 10th April 2017 – pre-open from Chartprofit See Friday’s comments. The three month poc migrated to 2360 on Wednesday and was subsequently Resistance on Thursday and Friday, see chart. This is the important level to monitor. Price printing time above this level would be a positive. If the 2month distribution is still current […]

emini analysis 7th April 2017 – pre-open from Chartprofit See yesterday’s comments. The three month poc migrated to 2360 on Wednesday. This was Resistance during Thursday’s session (see chart) and is the important level to monitor. Price printing time above this level would be a positive. During Thursday’s session price spent most time at 2354. […]

emini analysis 6th April 2017 – pre-open from Chartprofit Wednesday’s session represented a rejected probe above 2367 (which was the 2month poc). The poc (now 3month) has migrated to 2360.00 and this is now the important level to monitor. This is the poc of a distribution that began in February. The Value Area Low (VAL) […]

emini analysis 5th April 2017 – pre-open from Chartprofit The minor poc migrated slightly higher to 2347.50 and this provided Support early on Tuesday. ES rallied back to 2357.50, the 1/2R off March high, where it found Resistance. Pre-open ES prints above this level. Resistance = 2367.00 (2month poc) possible S/R today = 2357.50 (minor […]

emini analysis 4th April 2017 – pre-open from Chartprofit See yesterday’s comments. ES broke lower on Monday and briefly tested our Second Level Minor Support at 2340.50. There followed a rally back to 2357.50, the minor 1/2R off this month’s high, where ES found Resistance which has not yet been overcome. Price below 2340.50 would […]

emini analysis 3rd April 2017 – pre-open from Chartprofit Our S/R levels capped both the upside and downside of Friday’s session. The Resistance at 2367 stalled the rally last week and the minor Support at 2357.50 held the low of Friday’s range. One hour pre-open ES prints close to that Support (dashed line). Resistance = […]

emini analysis 31st March 2017 – pre-open from Chartprofit Intraday Buyers were active again during Thursday’s session and a higher Value Area was generated. The Resistance at 2367 was probed but not exceeded, see chart, and price printing time above this level would be a positive. There is minor Support today at 2357.50 (dashed line), […]