Technical analysis – Market pre-open 20th October Monday’s session generated the ninth Value Area above 1971.00, the 1/2R off this year’s high and ES must hold this Support to remain in a strong price location. Buyers Reacted to an open below Friday’s Value Area and immediatley auctioned ES higher. If price should print 2014.25 today […]

Technical analysis – Market pre-open 19th October Friday’s session generated the eigth Value Area above 1971.00, the 1/2R off this year’s high and ES must hold this Support to remain in a strong price location. Aggressive Buying (green-at-top) was marked for the second time in the week. Sellers were Active on Tuesday and Wednesday but […]

Pre-open Friday 15th October Thursday’s sessioin generated the seventh Value Area above 1971.00, the 1/2R off this year’s high and ES must hold this Support to remain in a strong price location. Aggressive Buying (green-at-top) was marked, see yesterday’s comments. The SP500 Pulse Chart looks much more positive and Large Cap charts (SPY, DIA) have […]

Technical analysis – Market pre-open 15th October 2015 Please read previous highlighted comments. Wednesday’s sessioin generated the sixth Value Area above 1971.00, the 1/2R off this year’s high and ES must hold this Support to remain in a ST strong price location. Strictly applying my rules I had to mark Aggressive Selling on Wednesday for […]

Technical analysis – Market pre-open 14th October 2015 On Tuesday I marked Significant Selling for the first time in eleven days. This was an “outside” day with a Value Area overlapping the VA of the previous day so this was not convicingly Effective selling but my rules say that new longs are now eliminated for […]

Technical analysis – Market pre-open 13th October 2015 Unfortunately my real-time provider (Reuters) has data missing for yesterday’s S&P emini day session. I’m trying to find out why and if/when the data will be filled so I can produce the profile. With apologies, the graphic is not going to be ready for the usual pre-open […]

Technical analysis – Market pre-open 12th October 2015 Last week I marked Aggressive Buying twice and no Siugnificant Selling. Friday’s session generated a third Value Area entirely above 1971.00, the 1/2R off this year’s high which is strong price location. ES now needs to hold this Support to remain in a ST strong price location […]

Technical analysis – Market pre-open 9th October 2015 Thursday’s session generated a second Value Area entirely above 1971.00, the 1/2R off this year’s high. ES now needs to hold this Support to remain in a strong price location. Pre-open ES has printed as high as 2014.00, which is above the September high. First Level Support […]

Technical analysis – Market pre-open 8th October 2015 On Wednesday ES made a brief test below 1971.00, see yesterday’s highlighted comments, and rallied from there. This is the the 1/2R off this year’s high – and the very minor (10dy) poc has also migrated to this level. ES now needs to hold this Support to […]