Stock market today 29th November 2016 – pre-open from Chartprofit emini analysis: Please read previous comments. As long as ES prints above 2159.50 it is in a LT strong price location. The last nine Value Areas have been printed above that level. Dayframe: First minor sign of weakness would be a Value Area generated below […]

Stock market today 28th November 2016 – pre-open from Chartprofit emini analysis: Please read previous highlighted, comments. As long as ES prints above 2159.50 it is in a LT strong price location. The last eight Value Areas have been printed above that level. RSI (14day) is overbought as follows: SPY RSI at 70.72, highest since […]

Stock market today 25th November 2016 – pre-open from Chartprofit emini analysis: Please read previous highlighted, comments. As long as ES prints above 2159.50 it is in a LT strong price location. The last seven Value Areas have been printed above that level. Significant Selling (red) has not been marked for sixteen days. First Level […]

Stock market today 23rd November 2016 – pre-open from Chartprofit emini analysis: Please read previous highlighted, comments. As long as ES prints above 2159.50 it is in a strong price location. The last six Value Areas have been printed above that level. Significant Selling (red) has not been marked for fifteen days. I’m also closely […]

Stock market today 21st November 2016. Pre-open from Chartprofit. emini analysis: Please read previous comments. Encouragingly, the last four Value Areas have been generated entirely above 2159.50, the 6month poc. Also last week, Aggressive Buying (green-at-top) was marked above that level, see previous comments. ES has to hold the 2159.50 poc to maintain a strong […]

Russell 2000 all time high – Pre-open report Friday 18th November The Russell 2000 has reached a new all-time-high this week, and the S&P 500 is printing close to its own all time high registered in August. Please read previous comments. The last three Value Areas have been generated entirely above 2159.50, the 6month poc, […]

Stock market today 17th November 2016 – pre-open from Chartprofit. Please read previous comments. Following Tuesday’s Agressive Buying, Wednesday generated a very narrow, “inside” Value Area but like Tuesday’s it was printed entirely above 2159.50. ES has to hold this level to maintain a strong price location. Momentum and breadth have improved on the Pulse […]