Technical Analysis S&P 500 emini 26th August 2015 Tuesday’s session generated an overlapping/higher but narrower Value Area but late in the day a sharp reversal saw a retest of the 1870 Support. ES has rallied from there and one hour pre-open is printing above 1900. First ST positives would be Significant Buying marked above 1870 […]

Technical analysis S&P 500 emini pre-open 25th August from Monday’s pre-open…The best Support is the previous poc at 1870 (this was the major poc until recently). Monday opened below that level and immediately rallied above it. The Value Area was also printed entirely above that level. Significant Buying marked above 1870 would be the first […]

Pre-open Monday 24th August Note: In light of today’s pre-open price action (equity markets are much lower) the eBook will be delayed. I need to refresh and update Support levels that can be discovered at these lower levels. ES: Friday’s session generated another lower, wider Value Area and Aggressive Selling (red-at-bottom) was marked again. Pre-open […]

Pre-open Friday 21st August See previous, highlighted comments. Thursday’s session generated a lower, wider Value Area and Aggressive Selling (red-at-bottom) was marked. The 10mn VAL at 2045.00 was broken but the VAL was printed above this level. Bulls would want to see fast rejection if ES prints below 2045.00 post-open. Second Level Resistance = 2095.00 […]

Technical Analysis S&P 500 emini pre-open Thursday 20th August Wednesday’s session generated another Value Area below 2095.00 which is weak price location. There was a probe higher towards that level (see chart) but this quickly reversed. Most time was spent in the mid 2070s and this is not an area of price I want to […]

Technical analysis S&P 500 emini Wednesday 19th August 2015. The Significant Buying marked on Monday was a positive ST indication but ES needs to hold above 2095.00 before I can anticipate further strength. You can see that on Tuesday a narrow, indside Value Area was generated centred around that poc. Bulls would want to see […]

S&P emini analysis, pre-open 18th August 2015. I marked Reactive Buying (green-at-bottom) and Aggressive Buying (green-at-top) on Monday. This is a positive ST indication but ES needs to hold above 2095.00 before I can anticipate further strength. Thirty minutes pre-open today ES prints below that level. Resistance = 2107.00 (poc) Support/Resistance today = 2095.00 (maj […]

S&P 500 emini pre-open Monday 17th August Last week saw a rejected test of 2047.50, the eight month Value Area low (dashed line). However, the last four daily Value Areas have been printed below the 2095.00 poc and I need to see time printed above that level before anticipating any further strength. More time printed […]

S&P 500 emini analysis: Thursday generated a higher, narrower Value Area, up from Wednesday’s rejected test of 2047.50, the eight month Value Area low (dashed line). However, the VA was below the 2095.00 poc and I need to see time printed above that level before anticipating any further strength. ES is still in a weak price […]

S&P 500 emini price distribution from November 2015 The Value Area low of this entire range is at 2047.50. Wednesday’s test of this level brought an immediate Response from the Buyers auctioning ES swiftly back to the controlling price. This is encouraging and suggests the distirbution that began in October 2014 is still valid. Bullish: […]