S&P 500 emini pre-open Tuesday 10th March The last five Value Areas have been generated below the poc at 2107.00 which is weak price location in the ST and on Friday I marked Aggressive Selling. These red-at-bottom lows are tested within a day (or two) 80% of the time and today ES may well open […]

Pre-open comment Friday 6th March The last three Value Areas have been generated below the poc at 2107.00 which is weak price location in the ST. If the poc does not migrate Bulls would want to see time being printed back above 2107 as soon as possible. Since the recent high Sellers (red) have not […]

S&P 500 emini pre-open Thursday 5th March posted 08.27 a.m. est See yesterday’s highlighted comments. Initially there was weakness on Wednesday but the rest of the session was spent climbing back. However, this intraday Buying was ultimately ineffective in the dayframe as the Value Area was lower and wider. The 4mn poc is at 2107.00 […]

Pre-open comment Wednesday 4th March On Monday Significant Buying (green) was marked twice which usually indicates ST strength, but Tuesday’s Value Area was lower and Monday’s low was broken. When Aggressive Buying is marked, the green-at-top high is exceeded within one (or two) trading days, 80% of the time, so yesterday’s price action is rare […]

S&P 500 emini pre-open Tuesday 3rd March posted 09.02 a.m. est See yesterday’s highlighted comments. ES opened below 2107.00, the 39day poc, and Buyers Reacted immediately (green-at-bottom). Intraday, Support was found at this level (see chart) and later in the session Aggressive Buying was also marked (green-at-top). Sentiment is a concern, see below, but as […]

S&P 500 emini pre-open Monday 2nd March posted 08.32 a.m. est Last week I marked no Significant Buying or Selling. Buyers have not been marked for six days but so far Sellers have not Reacted at these higher prices. This may be Buyers Resting, offering opportunity to the Sellers, and if they do not take […]

S&P 500 emini pre-open Friday 27th February posted 08.28 a.m. est Dayframe: the minor (28day) poc has migrated to 2107.00 and this could be intraday Support or Resistance today. Significant Selling marked below this level would be the first sign of minor weakness. Only Significant Selling marked below 2033.50 would be the first sign of […]

S&P 500 emini pre-open Thursday 26th February posted 08.45 a.m. est I haven’t marked Significant Buying this week so Sellers have had opportunity. From the distributions I thought price around 2120 might bring a Reaction but Sellers have yet to make a mark and have been absent for nineteen days now. The minor poc is […]

S&P 500 emini pre-open Wednesday 25th February posted 08.38 a.m. est Tuesday’s session generated a higher Value Area. Significant Sellers have not been marked for eighteen days. The minor poc is at 2094.0 and this is now the minor Time Support. Significant Selling marked below 2033.50 would be the first sign of weakness for the […]