Technical analysis – Market pre-open 21st March 2016 Note: I am now following the June contract. Last week’s data has been backfilled and shows The June contract from last Monday. Aggressive Buying (green-at-top) was marked twice last week with ES printing a new high for this rally. Significant Selling (red) has not been marked for […]

Technical analysis – Market pre-open 18th March 2016 On Thursday Aggressive Buying (green-at-top) was marked again as ES printed a new high for this rally. Buyers are still in control, see Wednesday’s highlighted comments. Significant Selling (red) has not been marked for thirteen days. Dayframe: First hour post-open today I will be interested to see […]

Technical analysis – Market pre-open 17th March 2016 On Wednesday Aggressive Buying (green-at-top) was marked again as ES printed a new high for this rally. Significant Selling (red) has not been marked for twelve days. Buyers are still in control, see yesterday’s highlighted comments. First sign of weakness would be time printed below 1990. First […]

Technical analysis – Market pre-open 16th March 2016 See previous comments. On Tuesday intraday Buyers were active, see highlighted numbers, but ES generated a lower Value Area. This could be seen as a slight negative. I also note that Momentum (PriceOsc) for all four major stock index ETFs has turned down and has a reliable […]

Technical analysis – Market pre-open 15th March 2016 See previous comments. Last week ES consolidated at higher levels centred around 1990 which emerged as a minor (30day) poc. Price relative to that level may be useful to monitor as a guide to ST strength/weakness. On Monday ES probed above Friday’s green-at-top high but generated a […]

Technical analysis – Market pre-open 14th March 2016 We saw a series of Values Areas at higher levels consolidating around 1990 which emerged as a minor (30day) poc. Price relative to that level may be useful to monitor as a guide to ST strength/weakness at the start of this week. In the LT, as long […]

Technical analysis – Market pre-open 11th March 2016 We’ve seen a series of Values Areas at these higher levels consolidating around 1990 which has emerged as a minor (30day) poc. Price relative to that level may be useful to monitor as a guide to ST strength/weakness remembering that as long as ES holds above 1956.90, […]

With apologies I am unable to produce a full pre-open comment with graphic today. Having upgraded my operating system late yesterday my real-time data “died” on me. Waiting for tech support to aopen get me back up and running. Some notes below. from pre-open Tuesday 8th March >>Dayframe: During Monday’s session intraday Buyers were active, […]

Technical analysis – Market pre-open 9th March 2016 Dayframe: Post-open on Tuesday ES was not able to print above 1994, the v minor 1/2R off Friday’s high, see yesterday’s highlighted comments. That 1/2R has moved lower to 1991.75. Longframe: See previous, highlighted, comments. As long as ES holds above above 1956.90, the 1/2R off last […]

Technical analysis – Market pre-open 8th March 2016 Dayframe: During Monday’s session intraday Buyers were active, see highlighted numbers. However they only managed to generate an “inside” Value Area which was not an Effective performance in the dayframe. Significant Sellers have not yet been marked responding to these higher prices but overnight ES has printed […]