S&P 500 emini pre-open Wednesday 8th October Note: this was published at 06.05 a.m. est Following Monday’s Reactive Selling, I marked Aggressive Selling on Tuesday. An early probe above First level Resistance at 1949 was rejected and the Value Area was generated entirely below this level. Enough time was spent at 1949 during the session […]

Pre-open comment Tuesday 7th October On Monday Sellers Reacted (red-at-top) as an early probe above the 1967 poc was rejected, see yesterday’s comments. Pre-open today, ES has tested the 1949 Support and is currently printing above that level. These two levels, 1967 & 1949, are the most important to monitor now and very close in […]

S&P 500 emini pre-open Monday 6th October posted 09.17 a.m. est Dayframe: Buyers Reacted (green-at-bottom) on Thursday. On Friday ES opened just below the 1949 poc and immediately rallied with the Value Area being generated entirely above that level. Pre-open today ES has probed the 1967 poc and price printing time time above that level […]

S&P 500 emini pre-open Friday 3rd October posted 09.20 a.m. est Wednesday’s red-at-bottom low was tested on Thursday but Buyers Reacted (green-at-bottom) and auctioned ES back to close positive for the day. The Value Area was generated entirely below the poc at 1949 but pre-open that level is being probed and could be intraday Support/Resistance […]

S&P 500 emini pre-open Thursday 2nd October posted 09.22 a.m. est See previous comments highlighted on graphic. Yesterday I wrote that “the (16day) poc at 1964 could come into play as intraday Support or Resistance”. ES made its high (1963.25) early in the session without probing that level. There was an auction lower throughout the […]

S&P 500 emini pre-open Wednesday 1st October posted 07.20 a.m. est See previous comments highlighted on graphic. There is Support at ES 1949. I would want to see price location and breadth data improve before considering the long side. Momentum (PriceOsc) is down for all four major stock index ETFs. ES First Level Resistance = […]

S&P 500 emini pre-open Tuesday 30th September posted 08.02 a.m. est On Monday Buyers Reacted (green-at-bottom) to a test of last week’s low. There is Support at ES 1949 and in the ST there is minor Resistance at 1985.00 (1/2R off recent high). I would want to see price location and breadth data improve before […]

Pre-open comment Monday 29th September See previous, highlighted, comments. Last week I marked Significant Buying twice and Significant Selling twice (on Wednesday). Wednesday was was an Ineffective Buying day (overlapping Value Area) and made its high at the (then) minor 1/2R (weak ST pattern). On Thursday ES broke below the level that had previously attracted […]

S&P 500 emini pre-open Friday 26th September posted 09.14 a.m. est See Wednesday’s highlighted comments. Wednesday’s Ineffective Buying day made its high at the minor 1/2R (weak ST pattern) and on Thursday ES broke below the level (1971) that had previously attracted Reactive Buyers. Breadth deteriorated again, Key charts print below their Key levels in […]