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 […]

S&P 500 emini post-open Friday 30th January posted 10.28 a.m. est See yesterday’as highlighted comments. On Thursday ES tested the VAL at 1995.50 and subsequently printed as high as 2020. Time spent between 2000 and 2020 may migrate the 4mn poc lower. For the long side I am waiting for Effective Buying to be marked […]

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S&P 500 emini pre-open Thursday 29th January posted 09.00 a.m. est See yesterday’as highlighted comments. On Wednesday ES Opened above 2033.50, the 4mn poc, and Sellers Reacted immediately (red-at-top). Price below 2033.50 is weak price location. Re the current distribution which I believe began in October – I wrote on Monday that it.. “suggests development […]

S&P 500 emini pre-open Wednesday 28th January popsted 09.02 a.m. est On Tuesday ES printed a Value Area entirely below 2033.50, the 4mn poc. In the ST Bulls would want to see time spent back above that level. Pre-open ES prints just above that poc which could be intraday Support or Resistance today. First Level […]

S&P 500 emini pre-open Tuesday 27th January posted 08.50 a.m. est On Monday ES found Support early in the session just above 2033.50, the 4mn poc. Pre-open today ES is printing below that level and time printed the poc post-open is a sign of weakness in the ST. Bulls would want to see recovery back […]

S&P 500 emini pre-open Monday 26th January posted 098.17 a.m. est Last week the 4mn poc migrated back to 2033.50. As long as ES holds above this level it is in a strong price location. Overnight that level was briefly tested and pre-open ES prints above 2040. Significant Buying has been marked four times in […]