S&P 500 emini pre-open Monday 13th October posted 08.40 a.m. est Last week I marked Significant Selling four times and Significant Buying once. Early in the week there was a probe above the 1967 Resistance but this was rejected – this happened again pre-open Thursday. Post-open on Friday price was accepted around 1920, a level […]

S&P 500 emini pre-open Friday 10th October posted 09.10 a.m. est Both the Significant Buyers and Sellers are active but, so far at least, the Reactive Buying has been Ineffective. Pre-open yesterday there was a probe above the 1967 Resistance but this was rejected (see yesterday’s comments) and Reactive Selling (red-at-top) was marked. Buyers have […]

S&P 500 emini pre-open Thursday 9th October posted 09.23 a.m. est Tuesday’s red-at-bottom low was tested during Wednesday’s session but Buyers Reacted (green-at-bottom) in the same area of price as they did four days earlier, i.e. below 1920. The Value Area was lower and wider which is no indication that any Buying activity is yet […]

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 […]