S&P 500 emini pre-open Friday 23rd January posted 09.12 a.m. est See previous highlighted comments. As anticipated, the 4mn poc has moved back to a higher level – this being 2033.50. As long as ES holds above this level it is in a strong price location. I marked both Reactive and Aggressive Buying on Thursday […]

S&P 500 emini pre-open Thursday 22nd January posted 08.28 a.m. est ES opened below 2009.50 (see yesterday’s comments) and immediately rallied above it. This is 4mn Time Support and as long as ES holds above this level it is in a strong price location. Previously the 4mn poc was at 2035.00 and pre-open today ES […]

S&P 500 emini pre-open Wednesday 21st January posted 08.55 a.m. est See previous highlighted comments. Overnight the 4mn poc has now migrated down to 2009.50. Price relative to this level is important to monitor. Significant Buying marked above 2009.50 would be a positive. I have said that a new price distribution began in October and […]

S&P 500 emini pre-open Tuesday 20th January posted 09.08 a.m. est On Friday Significant Buying was marked for the first time in thirteen days; both Reactive and Aggressive Buying. Pre-open today ES is printing above 2017.00, the minor (15day) poc. Time printed above 2035.00 (4mn poc) would be a positive and so would Breadth numbers […]

S&P 500 emini pre-open Friday 16th January posted 09.25 a.m. est Pre-open yesterday ES tested the minor poc at 2017.00 (dotted), see yesterfday’s comments. Immediately post-open that level was approached and Sellers Reacted (red-at-top). I wrote on 01/05 “I will wait for Significant Buying (green) to be marked before considering new longs” and no Significant […]

S&P 500 emini pre-open Thursday 15th January posted 09.27 a.m. est Following the rejection of probes early in the week above 2035.00 (poc), ES generated a lower (albeit narrower) Value Area on Wednesday. As mentioned yesterday the VAL (Value Area low) of a distribution that (imo) began in mid October is currently at 1994.50 (dashed) […]

S&P 500 emini pre-open Wednesday 14th January posted 08.25 a.m. est Similar to Monday, Tuesday opened above 2035.00 but ES could not print any time above that level and sold-off. A wider, outside Value Area was generated. Significant Buyers have not been marked for ten days. The VAL (Value Area low) of a distribution that […]

S&P 500 emini pre-open Tuesday 13th January posted 08.32 a.m. est Monday’s open was just above 2035.00 but ES immediately rejected this level and sold off. A lower, narrower Value Area on less Volume was generated. Pre-open today 2035 has been probed again but no time has been printed above that price, see previous, highlighted […]

S&P 500 emini pre-open Monday 12th January posted 09.05 a.m. est Last week I marked Significant Selling once. Significant Buying has not been marked for eight days. The 4mn poc migrated back down to 2035.00 and that is where ES closed on Friday. 2035.00 could be intraday Support or Resistance at the start of this […]

S&P 500 emini pre-open Friday 9th January posted 08.55 a.m. est See previous comments. ES opened just above the 2035.00 poc and immediatlely rallied. This is now the level to monitor and as long as the chart holds this level it is a strong price location. Time spent between 2065-2070 could migrate that poc higher […]