Pre-open comment Wednesday 10th September Dayframe: During Tuesday’s session there was a brief, rejected, probe above the 1998.50 minor poc. The Value Area was generated entirely below this level. The VAL of the current price distribution (weekly timeframe) is at 1980.00. If ES remains below 1998.50 I would expect a test of 1980.00 and if […]

S&P 500 emini pre-open Tuesday 9th September posted 09.23 a.m. est Dayframe: Monday’s Value Area was “inside” the previous VA. Price action for the last ten days is now centred around 1998.50 which is also the local poc. The VAH of price distribution over this period is at 2002.50 and VAL is 1994.50 (both dashed). […]

Chartprofit pre-open Monday 8th September posted 07.50 a.m. est Last week I marked Significant (but Ineffective) Selling twice and Significant Buying once, see previous comments. Buyers Reacted (green-at-bottom) below 1990 for the second time in six days. Two hours pre-open today ES is printing above 1998.50, its First Level Support. Price printing below this level […]

S&P 500 emini pre-open Friday 5th September posted 09.08 a.m. est Following the Reactive Selling marked on Wednesday, Aggressive Selling (red-at-bottom) was marked on Thursday. The Value Area was overlapping/higher so although the Sellers have been active they have not yet been Effective. Dayframe: The minor poc at 1998.50 is now First Level Resistance and […]

Pre-open comment Thursday 4th September Reactive Selling was marked early in Wednesday’s session. The 30dy Support at 1998.50 was probed but ES prints above that level pre-open today. The Value Area was printed in the same price area as the previous two. The red-at-top high suggests a stall here but as long as ES prints […]

S&P 500 emini pre-open Wednesday 3rd September note: this was posted before 7 a.m. est Tuesday’s session generated a higher/overlapping Value Area on increased Volume. Buyers stepped back in on Thursday (see highlighted comments) and have auctioned ES higher seeking Sellers who have not been marked for seventeen days now. Overnight the chart has marked […]

S&P 500 emini pre-open Tuesday 2nd September posted 09.02 a.m. est In the last sixteen days I have marked Significant Buying (green) six times and no Significant Selling (red). All Value Areas in the last two weeks have been printed above the 1947Support and as long as ES holds this level it is in a […]

S&P 500 emini pre-open Friday 29th August posted 09.16 a.m. est Thursday’s session generated the ninth consecutive Value Area above 1949, the 4mn Support. After six days of Buyers resting they Reacted (green-at-bottom) to a probe towards the minor Support given previously (see yesterday’s highlighted comments). Sellers were offered opportunity for that period which they […]

S&P 500 emini pre-open Thursday 28th August posted at 05.55 a.m. est Wednesday’s session generated the eighth consecutive Value Area above 1949, the 4mn poc. The VA was narrow on low Volume. Facilitation will improve when either the Significant Buyers or Sellers re-enter. Sellers have been offered opportunity for six days with Buyers resting but […]

S&P 500 emini pre-open Wednesday 27th August posted 09.16 a.m. est Tuesday’s session generated another higher Value Area, the seventh consecutive VA generated above 1949, the 4mn poc. The Value Area was again narrower and although Volume was higher than Monday’s it was well below recent average. Dayframe: Significant Sellers have been offered opportunity for […]