S&P 500 emini pre-open Wednesday 22nd October posted 09.25 a.m. est See previous comments highlighted on graphic. Aggressive Buying (green-at-top) was marked again on Tuesday. Buyers are currently active and Effective on this timeframe. Last three Value Areas have been printed above the key level at 1872.00. As long as ES holds above 1913.75 it […]

S&P 500 emini pre-open Tuesday 21st October posted 09.14 a.m. est Dayframe: Minor signs of strength on this timeframe. On Monday I marked Aggressive Buying (green-at-top) for the first time in eighteen days. Reactive Buying (red-at-bottom) was also marked just above the 1872 poc. Both Friday’s and Monday’s Value Areashave been generated above that level […]

S&P 500 emini pre-open 20th October posted 09.13 a.m. est ES: Last week I marked Significant Buying once and Significant Selling once. Wednesday and Thursday generated Value Areas entirely below the poc at 1872 but Friday’s VA was above that level. Overnight and pre-open ES has printed above 1872 and Bulls would want to see […]

S&P 500 emini pre-open Friday 17th October posted 08.00 a.m. est Thursday generated a second Value Area entirely below the poc at 1872 but Reactive Buying (green-at-bottom) was marked. First sign of ST strength would be Effective Buying marked above 1872 – pre-open today ES has probed that Resistance. ES Second Level Resistance = 1949.00 […]

S&P 500 emini pre-open Thursday 16th October posted 09.13 a.m. est Wednesday generated a Value Area entirely below the poc at 1872. As I wrote yesterday “Minimum I would want to see is Effective Buying marked above 1872 and other Key Charts in improved price locations”. ES Second Level Resistance = 1949.00 ES First Level […]

S&P 500 emini pre-open Wednesday 15th October posted 09.17 a.m. est See Tuesday’s comments. As expected Monday’s low at 1865 was re- tested on Tuesday and pre-open today ES has printed as low as 1848.50. This is below the major Support at 1872 (now Resistance) and puts ES (and SPY) in a very weak price […]

S&P 500 emini pre-open Tuesday 14th October posted 09.12 a.m. est Similar to Monday, Tuesday’s session saw a break lower late in the day and Agressive Selling (red-at-bottom) was marked. Sellers have been active on five of the last six days. Monday’s low was a test of the 1872.00 maj Support, see chart. Pre-open today […]

S&P 500 emini pre-open Monday 13th October posted 08.40 a.m. est Last week I marked Significant Selling four times and Significant Buying once. Early in the week there was a probe above the 1967 Resistance but this was rejected – this happened again pre-open Thursday. Post-open on Friday price was accepted around 1920, a level […]

S&P 500 emini pre-open Friday 10th October posted 09.10 a.m. est Both the Significant Buyers and Sellers are active but, so far at least, the Reactive Buying has been Ineffective. Pre-open yesterday there was a probe above the 1967 Resistance but this was rejected (see yesterday’s comments) and Reactive Selling (red-at-top) was marked. Buyers have […]

S&P 500 emini pre-open Thursday 9th October posted 09.23 a.m. est Tuesday’s red-at-bottom low was tested during Wednesday’s session but Buyers Reacted (green-at-bottom) in the same area of price as they did four days earlier, i.e. below 1920. The Value Area was lower and wider which is no indication that any Buying activity is yet […]