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 […]

S&P 500 emini pre-open Thursday 25th September posted 09.27 a.m. est See yesterday’s highlighted comments. Tuesday’s red-at-bottom low was tested but Buyers immediately reacted (green-at-bottom). Later in the day Aggressive Buying was also marked (green-at-top). The Significant Buyers are active but not obviously Effective, Wednesday’s Value Area was overlapping. Currently Sellers are Reacting above 2007 […]

S&P 500 emini pre-open Wednesday 24th September posted 08.30 a.m. est I marked Aggressive Selling on Tuesday. These red-at-bottom lows are tested within a day (or two) 80% of the time. I’m not considering new longs unless 1) ES prints time back above the 1998.50 poc. 2) That poc migrates lower. 3) ES finds Support […]