S&P 500 emini pre-open Thursday 17th July posted 08.50 a.m. est Dayframe: During Wednesday’s session ES almost reached July’s high but overnight has sold off. The minor 1/2R off July high at 1961.75 has provided Support and one hour pre-open ES is up from there to test 1967.50, the minor poc which could be intraday […]

S&P 500 emini pre-open Wednesday 16th July posted 09.25 a.m. est Tuesday generated a lower, wider Value Area centred around 1967.50 which is now the minor poc and First Level Support with ES printing around mid 1970s pre-open. No markable Selling for fourteen days, see yesterday’s comments. There are concerns for equities re strength in […]

S&P 500 emini pre-open Tuesday 15th July posted 08.45 a.m. est Monday generated a higher (albeit very narrow) Value Area entirely above the 1966.50 minor poc. There has been no markable Selling within this higher price range for thirteen days which suggests ES may need to auction higher to find them and despite the concerns […]

S&P 500 emini pre-open Monday 14th July posted 09.15 a.m. est Last week Buyers Reacted (green-at-bottom) on Thursday as First Level Support at 1949 was tested and rejected. This was ST positive for the Bulls, see previous highlighted comments, and so far there’s been no markable response from the Sellers at this higher price range. […]

S&P 500 emini pre-open Friday 11th July posted 08 46 a.m. est See previous highlighted comments. Buyers Reacted (green-at-bottom) on Thursday as First Level Support at 1949 was tested and rejected early in the session. ST direction will likely be indicated by Significant Buying being marked above 1966.50 or Significant Selling being marked below 1949.00. […]

S&P 500 emini pre-open Thursday 10th July posted 09.02 a.m. est See previous highlighted comments. On Wednesday ES rallied to test the 1966.50 (min poc) late in the session. The test was rejected though and pre-open today the 1949 Support has been probed where ES has stalled. Bulls would hope this Support holds or is […]

S&P 500 emini pre-open Wednesday 9th July posted 09.20 a.m. est See yesterday’s highlighted comments. ES opened just above 1966.50 (12dy poc) and immediately sold off which was a weak intraday indication. In the longer timeframe Bulls would hope First Level Support at 1949 holds or is quickly rejected if tested. IWM broke its 5mn […]

S&P 500 emini pre-open Tuesday 8th July posted 09.06 a.m. est Dayframe: a very minor (10day) poc has developed at ES 1966.50 and today’s pre-open low has been at that level. Price printing time below that minor Support post-open would suggest a test of 1949 but so far there’s been no markable response from the […]

S&P 500 emini pre-open Monday 7th July posted 09.05 a.m. est See highlighted comments from last Monday. All Value Areas last week were generated above 1949.00, the 3mn poc, which implies strength. Despite increasinging worrying Sentiment readings, as long as ES holds above this First Level Support it is in a strong price location. ES […]

S&P 500 emini pre-open Thursday 3rd July posted 09.18 a.m. est Wednesday generate a narrow, “inside” Value Area on low Volume. No Significant Selling for six days. First sign of weakness in the ST would be Effective Selling marked below ES 1949.00. See Dollar Index & EURUSD, below. ES First Level Support = 1949.00 (3mn […]