Pre-open comment Monday 5th January Early last week ES found Resistance at 2081.00 (dashed), the minor poc, see previous comments. Mid week Aggressive Selling was marked (red-at-bottom). The 4mn poc migrated to 2070.00 and this is now First Level Resistance. Previously, that poc had been at 2035.00 and this could potentially provide Support – or […]

S&P 500 emini pre-open Friday 2nd January posted 09.25 a.m. est Dayframe: ES couldn’t recover above 2081 (dashed) and we have now seen a test of 2066.00, see previous highlighted comments. Aggressive Selling (red-at-bottom) was marked on Wednesday. The 4mn poc has migrated to 2070.00 and this is now First Level Resistance. First Level Resistance […]

S&P 500 emini pre-open Wednesday 31st December posted 08.18 a.m. est Dayframe: See yesterday’s highlighted comments. ES opened on Tuesday just below 2081.00 (dashed), the 15dy poc, which was then briefly probed and rejected. ES spent the rest of the session below that level. In the longer timeframe, as long as ES holds above 2066.00 […]

S&P 500 emini pre-open Tuesday 30th December posted 07.45 a.m. est Dayframe: The 15dy poc is at 2081.00. On Monday Buyers Reacted (green-at-bottom) to a probe of that level. Price below that minor Support post-open would negate any ST positive implications of that mark and time below that level would suggest a test of 2066.00. […]

S&P 500 emini pre-open Monday 29th December posted 08.53 a.m. est No Significant Buying was marked last week and no Significant Selling has been marked for nine days. Mid-month ES made low on the maj Support (6mn poc) and rallied and last week the 3mn poc migrated to 2066.00. This is now First Level Support […]

S&P 500 emini pre-open Wednesday 24th December posted 08.52 a.m. est Tuesday’s session generated another very narrow Value Area on low Volume. As long as ES holds 2066.00 it is in a strong price location. First Level Support = 2066.00 (3mn poc) Second Level Support = 1962.00 (6mn poc) and SPY 197.20 (8mn poc) Stock […]

S&P 500 emini pre-open Tuesday 23rd December posted 9.26 a.m. est Yesterday’s session generated a very narrow Value Area on low Volume. Important Note: the 3mn poc has migrated to 2066.00 – this is now First level Support. We often see a migration of a poc level of some degree just before a directional move. […]

Chartprofit pre-open Monday 22nd December posted 09.12 a.m. est Last week the major Time Support at 1962.00 held and subsequently Buyers were active, auctioning ES above the 2mn poc at 2035.00. This is now First Level Support and as long as ES holds above this level it is in a strong price location. First Level […]

S&P 500 emini pre-open Friday 19th December posted 09.15 a.m. est Earlier in the week the major Time Support at 1962.00 held and subsequently Buyers have been active, auctioning ES above the 2mn poc at 2035.00. This is now First Level Support. Aggressive Buying was marked on Thursday. These green-at-top highs are tested 80% of […]

S&P 500 emini pre-open Thursday 18th December posted 09.19 a.m. est The major Time Support at 1962.00 was briefly tested, but held on Tuesday, and on Wednesday Buyers Reacted (green-at-bottom) just above that level, see yesterday’s highlighted comments. Later in the session Aggressive Buying (green-at-top) was also marked. Pre-open today, First Level Resistance at 2035.00 […]