Stock market today 22nd December 2016 Dayframe: All the price action over the last five days has taken place within last Wednesday’s range, see Monday’s comments. Overnight the minor (20day) poc has migrated again – now to 2259.00. Price relative to this level will provide a clue intraday re minor strength/weakness. One hour pre-open ES […]

Stock market today 21st December 2016 – pre-open from Chartprofit Dayframe: All the price action over the last four days has taken place within last Wednesday’s range, see Monday’s comments. The minor (18day) poc has migrated higher (again) to 2266.50. Price relative to this level will provide a clue intraday re minor strength/weakness. One hour […]

Stock market today 20th December 2016 – pre-open from Chartprofit All the price action over the last three days has taken place within Wednesday’s range, see Monday’s comments. The minor (17day) poc has migrated higher to 2258.50. Price relative to this level will provide a clue re minor strength/weakness. Thirty minutes pre-open ES was printing […]

Stock market today 19th December 2016 – pre-open from Chartprofit See previous comments. All the price action on Thursday and Friday took place within Wednesday’s range. Wednesday’s red-at-bottom low has yet to be tested and 80% of the time Aggressive selling lows are tested within two days. If Wednesday’s high at 2272 is exceeded it […]

Stock market today 16th December 2016 – pre-open from Chartprofit See previous, highlighted, comments. On Thursday ES generated an “inside” Value Area. Wednesday’s red-at-bottom low was not tested during Thursday’s session (80% of the time they are tested within two days) and if Wednesday’s high at 2272 is exceeded it would negate any short-term negative […]

Stock market today 15th December 2016 – pre-open from Chartprofit See previous comments. ES found Support early last week at 2200, the 5week poc, see chart, and held that strong price location with all Value Areas since then printed above that level with Aggressive Buying (green-at-top) marked three times. On Wednesday I marked Aggressive Selling […]

Stock market today 14th December 2016 See previous comments. ES found Support early last week at 2200, the 5week poc, see chart, and held that strong price location with all Value Areas since then printed above that level with Aggressive Buying (green-at-top) marked three times. Tuesday’s Value Area was higher again with ES (and SPY) […]

Markets today 12th December 2016 – pre-open from Chartprofit. See previous, highlighted, comments. ES found Support early last week at 2200, the 5week poc, see chart, and held that strong price location with all Value Areas last week printed above that level. Aggressive Buying (green-at-top) was marked on Wednesday, Thursday and Friday. Technically the market […]