S&P 500 emini pre-open Tuesday 17th June posted 0848 a.m. est dayframe: Looking at the ES Sep contract in isolation, the 1/2R of this month’s high is at 1932.50 which may be intraday Support or Resistance today. Price below 1922.50, our dayframe Support, would be a minor sign of weakness. Note that this was almost […]

S&P 500 emini pre-open Monday 16th June posted 09.12 a.m. est Note: we are now following the ES Sep contract. Friday closed below the Mon-Wed Hi-Lo Range indicating Sellers Active on the weekly timeframe but the weely bar was overlapping/higher so this is not Effective Selling on this timeframe. On Friday I marked Reactive Buying […]

S&P 500 emini pre-open Friday 13th June Posted 09.07 a.m. est See previous comments, highlighted on graphic. On Thursday Aggressive Selling was marked (red-at-bottom) and this occured below 1947, the minor poc. Previously the minor poc was at 1922.50 and this is the best level I have above 1872 for potential Support. Price below 1872 […]

S&P 500 emini pre-open Thursday 12th June posted 09.19 a.m. est Dayframe: The minor (19day) poc migrated to 1947.0 and this is now First Level Resistance. I would want to see that poc migrate lower or see ES print above 1947.0 before considering new long trades but only price below 1872 would be a sign […]

S&P 500 emini pre-open 11th June posted 08.42 a.m. est I marked Reactive Buying (green-at-bottom) on Tuesday but if ES prints 1944 after the Open today it negates any ST positive implications of that imbalance. One hour pre-open ES is printing below that level on news that the World Bank downgraded its global growth outlook. […]

S&P 500 emini pre-open Tuesday 10th June posted 08.52 a.m. est Significant Selling has not been marked for thirteen days, As long as ES holds above the minor poc at 1922.50 it is in a strong ST price location and only price below 1872 would be a sign of weakness in the LT. Dayframe Support […]

S&P 500 emini pre-open Friday 6th June Pre-open comment posted at 08.34 a.m. est Early in Thursday’s session a brief probe below Dayframe Support at 1922.50 was rejected, see chart, and Aggressive Buying was marked later in the day. Significant Buying has been marked four times in six days and no Significant Selling marked for […]

S&P 500 emini pre-open Thursday 5th June posted at 09.24 a.m. est Buyers Reacted (green-at-bottom) to an open below Tuesday’s Value Area and auctioned ES swiftly back above the minor (14day) poc. As long as ES holds this Support it is in a strong price location. No Significant Selling marked for ten days now. Dayframe […]

S&P 500 emini pre-open 4th June Pre-open comment Wednesday 4th June Dayframe: The minor (13day) poc migrated up to 1922.50. Pre-open today ES has printed as low as 1916. A positive development would now be to see that minor poc migrate lower or ES printing back above 1922.50. Price printing 1913.75 would negate any ST […]

S&P 500 emini pre-open Tuesday 3rd June Pre-open comment posted at 08.28 a.m. est Reactive Buying (green-at-bottom) was marked on Monday as ES tested Friday’s low. Price printing 1913.75 would negate any ST positive implications of this mark but there is minor (12dy) Support at ES1909.50 which ST Bulls would want to see held or […]