Stock market today 12th October 2016 – pre-open from Chartprofit ES analysis: Tueday’s session opened just below the 1 month poc at 2154.00 and immediately sold off, see yesterday’s comments. The next directional move could be indicated by green (significant buying) or red (selling) being marked above or below this level. The 1/2R off August […]

Stock market today – 11th October 2016 – pre-open from Chartprofit ES analysis: Monday’s session generated a higher but narrower Value Area on low volume. The poc of the session was at 2159, see highlighted comments from 4th October, and just adding that so far no poc of any importance has migrated to that level […]

Stock market today – Monday 10th October 2016 – pre-open from Chartprofit ES analysis: The minor (1 month) poc migrated very slightly to 2152.00, see previous, highlighted, comments. Price needs to be monitored relative to that level. The next directional move could be indicated by green (significant buying) or red (selling) being marked above or […]

Stock market today 7th October 2016 – pre-open from Chartprofit ES analysis: on Thursday ES spent more time at 2154.00 building that minor poc. On the chart you can see price action “winding in” to that level. This often happens before a break one way or the other and so price relative to 2154 is […]

Stock Market today 6th October 2016 – pre-open from Chartprofit ES analysis: Wednesday’s session generated a narrow, “inside” Value Area. Enough time was spent at 2154.00 to move the minor (1 month) poc to that level. Price relative to 2154.00 will provide a clue re ST strength/weakness. One hour pre-open ES was printing below that […]

Stock market today 5th October 2016 – pre-open from Chartprofit ES analysis: Last week ES tested and held 2135 which at the time was First Level Support. That minor poc has now moved to 2141.5 which is close to 2142.50, the 1/2R off August high. Tuesday’s session generated an overlapping Value Area but printed entirely […]

Stock market today 4th October 2016 – pre-open from Chartprofit ES analysis: Last week ES tested and held 2135 which at the time was First Level Support. That minor poc has now moved to 2141.5 which is close to 2142.50, the 1/2R off August high. Monday’s Value Area was lower and narrower but printed entirely […]

Stock market today 3rd October – pre-open from Chartprofit ES analysis: Last week ES tested and held 2135 which at the time was First Level Support. That minor poc has now moved to 2141.5 which is close to 2142.50, the 1/2R off August high. First Level Support = 2141.50 = 1 month poc Major poc […]

Stock market today 30th September 2016 – pre-open from Chartprofit ES analysis: Thursday’s session generated another overlapping Value Area. Overnight ES has printed as low as 2135.75 again approaching First Level Support but as long as chart holds above 2135.00 it is in a strong price location. First Level Support = 2135.00 = minor (17day) […]

Stock market today 29th September 2016 – pre-open from Chartprofit ES analysis: Wednesday’s session generated an overlapping Value Area but ES closed strong. As long as chart holds above 2135.00 it is in a strong price location and Aggressive Buying marked above that level would be a big positive. First Level Support = 2135.00 = […]