S&P 500 emini pre-open Monday 24th November posted 07.52 a.m. est Firstly, please read last Monday’s comments highlighted on the graphic. On Monday last week a brief test below 2035, the minor poc, was rejected and ES rallied. Subsequently all Value Areas were printed above that level with Buyers Reacting on Thursday (green-at-bottom) and Sellers […]

S&P 500 emini pre-open Friday 21st November posted 09.10.a.m. est No Significant Selling has been marked since the mid-October low. They were offered opportunity for nine days when Buyers were not marked but they did not take it, see Monday’s comments. That gave Buyers confidence and they Reacted (green-at-bottom) on Thursday immediately after the Open […]

S&P 500 emini pre-open Thursday 20th November posted 09.21 a.m. est No Significant Buying marked for nine days but no Significant Selling has been marked since the mid-October low. First minor sign of weakness would be price printing below 2035.00 (minor poc). Pre-open today ES has tested that Support. Price itself is the most important […]

S&P 500 emini pre-open Wednesday 19th November posted 09.08 a.m. est See Monday’s highlighted comments. No Significant Buying marked for eight days but no Significant Selling has been marked since the mid-October low. First minor sign of weakness would be price printing back below 2035.00 (minor poc). Price itself is the most important indicator but […]

S&P 500 emini pre-open Tuesday 18th November posted 07.52 a.m. est See yesterday’s highlighted comments. Monday’s session generated yet another Value Area between 2030-2040. ES 2035.00 is the minor poc and Effective Buying marked above or Effective Selling marked below this level will likely mark the ST direction. Note that Momentum (PriceOsc), although positive, is […]

S&P 500 emini pre-open Monday 17th November posted 09.24 a.m. est Significant Sellers (not marked since the mid-October low) were offered opportunity all last week (by Buyers) which they did not take. If they are not marked soon Buyers will auction ES higher to look for them. On Friday the 35dy poc migrated to 2034.50. […]

S&P 500 emini pre-open Friday 14th November posted 09.17 a.m. est See previous highlighted comments. Thursday’s session generated another overlapping Value Area. Following a rejection of price above 2040 early in the session Dayframe: Support was found at 2028, the v minor poc mentioned yesterday. This ST proven Support is the level to watch for […]

S&P 500 emini pre-open Thursday 13th November posted at 04.28 a.m. est Wednesday’s session generated another overlapping Value Area. Volume was higher but still well below the 20day average. See Tuesday’s highlighted comments. Overnight ES has printed above 2040. I have still not marked a Reaction from the Significant Sellers who have now been absent […]

S&P 500 emini pre-open Wednesday 12th November posted 09.18 a.m. est Tuesday’s session generated an overlapping, narrower Value Area with Volume low and lower for the fourth consecutive day. See yesterday’s comments. Sellers did not React as ES approached 2040 and Significant Selling has not been marked for twenty one days. Pre-open ES has printed […]

S&P 500 emini pre-open Tuesday 11th November posted 07.45 a.M. EST Monday’s session generated a higher, narrower Value Area on low Volume. Significant Selling has not been marked for twenty days. Technical oscillators approach overbought territory, e.g. SPY RSI(14) at 69 is a four month high. I have projected LT Resistance a little above or […]