emini analysis 7th February 2017 – pre-open from Chartprofit See yesterday’s comments. ES is currently printing in a strong price location above 2281.00 (the very minor 1/2R off the recent high). ES needs to hold above that level to maintain a strong price location in the ST. Momentum (PriceOsc) on the SPY chart is positive […]

emini analysis 6th February 2017 – pre-open from Chartprofit The sell-off in the early part of last week found Support at the 4 month poc (2265.00) – see chart. On Friday ES opened above 2281.00 (the very minor 1/2R off the recent high) and rallied to a strong close for the week. ES needs to […]

emini analysis 3rd February 2017 – pre-open from Chartprofit On Wednesday ES opened above 2281.00 (the very minor 1/2R off last week’s high) and immediately sold off, see yesterday’s comments. In the ST it would be a positive to see ES printing time above this level, dashed line. Pre-open, and following the release of jobs […]

emini analysis post close 1st February 2017 – from Chartprofit On Wednesday ES opened above 2281.00 (the very minor 1/2R off last week’s high) and immediately sold off, see yesterday’s comments. In the ST it would be a positive to see ES printing time above this level, dashed line. The 4 month poc at 2265.00 […]

emini analysis 1st February 2017 – pre-open from Chartprofit The 4 month poc at 2265.00 has so far held this week’s sell-off. ES has rallied overnight to the very minor 1/2R off last week’s high at 2281.00 but has not yet printed time above this minor Resistance. Price printing time below 2265.00 would put ES […]

emini analysis 31st January 2017 – pre-open from Chartprofit Monday’s session opened sharply lower. Support was found at 2265.00, the 4 month poc and our First Level Support. Monday’s Value Area was printed above the poc – price printing time below that level would put ES in a weak price location. Breadth numbers deteriorated on […]

emini analysis 30th January 2017 – pre-open from Chartprofit Last Tuesday ES broke out of its range to a new high. Breadth and Momentum improved and Aggressive Buying (green-at-top) was marked. Wednesday was higher and ES consolidated from there. As long as ES holds above 2265.00 it is in a strong price location. Dayframe: see […]

emini analysis 27th January – pre-open from Chartprofit On Tuesday ES broke out of its range to a new high. Breadth and Momentum improved (see Pulse Chart), and Aggressive Buying (green-at-top) was marked. Wednesday’s Value Area was higher and Thursday’s VA was generated within Wednesday’s. As long as ES holds above 2265.00 it is in […]

emini analysis 26th January 2017 – pre-open from Chartprofit On Tuesday ES broke out of its range to a new high. Breadth and Momentum improved (see Pulse Chart), and Aggressive Buying (green-at-top) was marked. Wednesday’s Value Area was higher and pre-open today ES is printing above 2290. As long as ES holds above 2265.00 it […]

ES at new high – pre-open Wednesday 25th January ES has broken out of its range to a new high. Breadth (see below) and Momentum have improved – see Pulse Chart. On Tuesday I marked Aggressive Buying (green-at-top) and a higher, wider Value Area was generated. As long as holds above 2265.00 it is in […]