Technical analysis S&P 500 emini pre-open 4th September Dayframe: Early in Thursday’s session there was a push higher towards the Resistance (1977/78) but this failed and overnight ES sold back to the minor (20dy poc) at 2032.00. Pre-open ES has printed as low as 1910.50, which was a probe below the 1/2R off August low […]

Technical analysis S&P 500 emini pre-open 3rd September A Significant Selling day (red) immediately followed by a Signicant Buying day (green) is rare but this is a volatile market. As I wrote yesterday “If ES prints above 1939.50, yesterday’s high, it will negate that selling imbalance”. Pre-open ES has probed as high as 1968.75. The […]

Technical analysis S&P 500 emini pre-open 2nd September See yesterday’s highlighted comments. On Tuesday I marked Aggressive Selling but this was on a gap-down day which makes any negative implications less reliable. If ES prints above 1939.50, yesterday’s high, it will negate that selling imbalance. Breadth and price momentum are not yet encouraging but yesterday’s […]

Technical analysis S&P 500 emini pre-open 1st September See yesterday’s highlighted comments. ES (and SPY) reached their 1/2R levels off this year’s high and have found Resistance at those levels. Pre-open today ES has sold off violently. As I wrote, in a weak market the 1/2R off the high will often mark the high of […]

Technical Analysis S&P 500 emini pre-open 31st August Large caps (SPY/ES) have been out-performing Small-caps and have reached their 1/2R levels off this year’s high – see dashed line. Price printing time above this level would be a sign of strength and Significant Buying marked above would be a positive and indicate higher. The 1/2R […]

Technical analysis S&P 500 emini pre-open 28th August 2015 Large caps (SPY/ES) are out-performing Small-caps and have reached their 1/2R levels off this year’s high – see dashed line. Pre-open ES prints just below this level. Price printing time above these levels would be a sign of strength and Significant Buying marked above would be […]

Technical analysis S&P 500 emini pre-open 27th August Wednesday’s session generated an overlapping/lower Value Area but ES held the 1870 Support and rallied strongly late in day. Pre-open has printed above 1960. First ST positives would be Significant Buying marked above 1870 and a higher, wider VA. Resistance = 2095.00 (maj poc) Support = 1870.00 […]

Technical Analysis S&P 500 emini 26th August 2015 Tuesday’s session generated an overlapping/higher but narrower Value Area but late in the day a sharp reversal saw a retest of the 1870 Support. ES has rallied from there and one hour pre-open is printing above 1900. First ST positives would be Significant Buying marked above 1870 […]

Technical analysis S&P 500 emini pre-open 25th August from Monday’s pre-open…The best Support is the previous poc at 1870 (this was the major poc until recently). Monday opened below that level and immediately rallied above it. The Value Area was also printed entirely above that level. Significant Buying marked above 1870 would be the first […]

Pre-open Monday 24th August Note: In light of today’s pre-open price action (equity markets are much lower) the eBook will be delayed. I need to refresh and update Support levels that can be discovered at these lower levels. ES: Friday’s session generated another lower, wider Value Area and Aggressive Selling (red-at-bottom) was marked again. Pre-open […]