Pre-open emini analysis Thursday 21st July Wednesday’s session generated a higher Value Area, albeit narrow on low volume. The whole session was printed above 2156 (minor poc) see yesterday’s comments. Price printing back below that level would be the first sign of weakness. In the LT as long as price is above 2087 (major poc) […]

Chartprofit pre-open emini analysis Wednesday 20th July Dayframe: Tuesday’s session generated another Value Area between 2150 and 2162. The minor (18day) poc is now at 2156.00. Price relative to this level could be useful as a guide to ST strength/weakness today. Significant Selling has not been marked for fifteen days. Until Significant, Effective Selling (red) […]

Pre-open Stock market report from Chartprofit 19th July 2016 Dayframe: Monday’s session generated another Value Area between 2150 and 2162. Enough time was spent in this area of price to lift the very minor (10day) poc to 2158.00. Price relative to 2158 could be useful as a guide to ST strength/weakness today. Significant Selling has […]

Chartprofit pre-open Stock market report 18th July 2016 ES (emini S&P 500 future) generated a lower/overlapping Value Area on Friday. Every day last week the intraday bias numbers indicated that Sellers were most active and yet their activity so far has been ineffective in the ST. See Friday’s, highlighted, comments on the graphic. Until Significant, […]

Pre-open Stock Market Report Friday 15th July 2016 In Thursday’s Stock Market Report I wrote that “we should continue to assume that the Buyers are in control”. This is because there is currently no indication of Effective Selling activity on any timeframe. On days when Aggressive Buying (green-at-top) is marked, the intraday bias numbers are […]

emini analysis market pre-open 14th July 2016 – Chartprofit SPY and DIA have printed new all-time highs this week Intraday Sellers were active on Wednesday, see highlighted numbers, but their activity was Ineffective in the longer timeframe as the session generated an overlapping Value Area. In the LT there is no mark-able sign of the […]

SPY reached a new all time high as did DIA. On Tuesday SPY and DIA both printed a new all time high. I wrote pre-open last Thursday that Buyers “are in control and have the upper hand”. Since then ES has auctioned higher but we still see no mark-able sign of the (Significant) Sellers. Breadth […]

emini analysis 12th July from Chartprofit. Aggressive Buying (green-at-top) was marked again on Friday as ES auctioned to a new high for the rally since February. Pre-open today ES has printed above 2140. Breadth improved again, see below, and Momentum (PriuceOsc) on the SPY chart has just turned positive, see Pulse Chart. First Level Support […]

Chartprofit Stock market report pre-open Monday 11th July See previous, highlighted, comments. I wrote pre-open on Friday “ES has been ranging around 2087 for five days. Significant Sellers will often React at these points but have not done so yet. Unless Selling (red) is marked soon Buyers will look for them higher”. Aggressive Buying (green-at-top) […]

emini analysis Friday 8th July In yesterday’s emini analysis I wrote “Price moving into these long-term levels of Value will often slow and find the area of price attractive”. ES has been ranging around 2087 for five days. Significant Sellers will often React at these points but have not done so yet. Unless Selling (red) […]