S&P 500 emini pre-open Friday 13th February posted 07.42 a.m. est Thursday’s session generated a seventh consecutive Value Area above 2033.50 (4mn poc) which is strong price location if ES holds that level. Aggressive Buying (green-at-top) was marked for the second time this week. There has been no Aggressive Selling marked since 30th December. First […]

S&P 500 emini pre-open Thursday 12th February posted 09.03 a.m. est Wednesday’s session generated a sixth consecutive Value Area above 2033.50 (4mn poc) which is strong price location if ES holds that level. On Tuesday I marked Aggressive Buying (green-at-top) which is a further positive. There has been no Aggressive Selling marked since 30th December. […]

S&P 500 emini pre-open Wednesday 11th February posted 08.47 a.m. est ES is currently printing in a strong price location above 2033.50 (4mn poc) and on Tuesday I marked Aggressive Buying (green-at-top) which is a further positive. First Level Support = 2033.50 (4mn poc) Major Support = 1962.00 (6mn poc) and SPY 200.11 (8mn poc) […]

Pre-open comment Tuesday 10th February. Monday’s session generated a lower Value Area but still generated entirely above the 2033.50 poc. As long as ES holds above this levelit is in strong price location and Significant Buying marked above that poc would be a further positive. First Level Support = 2033.50 (4mn poc) Major Support = […]

S&P 500 emini pre-open Monday 9th February posted 09.16 a.m. est Last week I marked Significant Buying once and no Significant Selling. The last three sessions generated Value Areas entirely above the 2033.50 poc. Breadth numbers (see below) and Price Momentum (see eBook) have both improved. As long as ES holds above 2033.50 it is […]

S&P 500 emini pre-open Friday 6th February posted 08.52 a.m. est Thursday’s session generated another higher, narrower Value Area entirely above the 2033.50 poc. As long as ES holds above this level it is in strong price location and Significant Buying marked above the poc would be a further positive. First Level Support = 2033.50 […]

S&P 500 emini pre-open Thursday 5th February posted 09.00 a.m. est See previous highlighted comments. Wednesday’s session generated a higher, narrower Value Area entirely above the 2033.50 poc. As long as ES holds above this level it is in strong price location and Significant Buying marked above the poc would be a further positive. First […]

S&P 500 emini pre-open Wednesday 4th February posted 09.17 a.m. est See previous highlighted comments. Reviewing what was written on Monday 26th: There was a test below the VAL at 1995.50 and ES has rallied without the 4mn poc at 2033.50 having migrated lower which means the distribution that started in October still implies development […]

Pre-open comment Tuesday 3rd February. Monday’s session generated a lower/overlapping Value Area but a strong close. The 4mn poc remains at 2033.50 and has not yet migrated lower so there is no obvious minor Support. Pre-open ES has printed as high as 2028.00. Unless the poc moves I will wait for Significant Buying to be […]

S&P 500 emini pre-open Monday 2nd February posted 08.52 a.m. est Last week I marked Significant Selling once and no Significant Buying. Reactive Selling (red-at-top) was marked on Wednesday as ES probed above the 4mn poc at 2033.50, now Resistance. That poc has not yet migrated lower. First Level Resistance = 2033.50 (4mn poc) Major […]