posted 08.52 a.m. est pre-open comment Tuesday 26th March Monday’s Value Area was printed between the minor VAH and VAL, see yesterday’s highlighted comments.  ES opened above the minor VAH at 1551 and was immediately auctioned back to the minor poc at 1547.  Unclear in the ST.  Momentum (although positive) is currently down for all […]

posted 10.03 a.m. est pre-open comment Monday 25th March from pre-open Friday >>As yesterday’s Value Area was printed entirely above that VAL I’m not overly confident about the further weakness that the Selling Balance suggests.<<  Last week I marked Significant Selling once and Significant Buying twice including Aggressive Buying on Friday which means new short […]

posted 09.27 a.m. est pre-open comment Friday 22nd March The minor poc was at 1549 as of pre-open yesterday and that was the high of Thursday’s session.   Following that probe into Resistance ES sold off and Aggressive Selling was marked (red-at-bottom).  That’s the first Effective Selling I have marked since mid December.  New long trades […]

posted 06.15 a.m. est pre-open comment Thursday 21st March Note: this was posted at 6.15 a.m. est. Wednesday’s session low held yesterday’s First Level Support at 1547.  That poc has moved slightly higher to 1549 and that level is potential intraday Support or Resistance today.  ES probed the minor VAH at 1554 but this was […]

posted 08.40 a.m. est pre-open comment Wednesday 20th March Tuesday’s Value Area was generated entirely below 1547 but ES recovered and pre-open has printed back above that poc, as high as 1552.75.  First sign of ST weakness would be Significant Selling marked below 1547.  That level is potential intraday Support or Resistance today.   Using data […]

posted 08.12 a.m. est pre-open comment Tuesday 19th March See Monday’s pre-open comments highlighted on graphic.  ES opened on Monday below the minor poc at 1543 (dotted) and Responsive Buyers entered immediately to rally the chart back above that level.  That is encouraging for Bulls.  There was an intraday higher low just above that level […]

posted 08.05 a.m. est pre-open comment Monday 18th March Last week I marked Significant Buying twice and no Significant Selling.  Effective Selling has not been not marked since mid December.  First minor sign of weakness would be Significant Selling marked below 1543 (now the 20day poc).  First sign of weakness on the longer timeframe would […]

posted 09.05 a.m. est pre-open comment Friday 15th March Thursday’s session gapped higher generating a higher, naorrower Value Area on less Volume. Significant Sellers are still absent. First minor sign of weakness would be Significant Selling marked below 1543, the 11day poc. First sign of weakness on the longer timeframe would be Significant Selling marked […]

posted 09.06 a.m. est pre-open comment Thursday 14th March I marked Aggressive Buying (green-at-top) on Wednesday.  Significant Sellers are still absent.  First minor sign of weakness would be Significant Selling marked below 1543, the 10day poc.  First sign of weakness on the longer timeframe would be Significant Selling marked below 1517.50, the 3mn poc.   […]

posted 09.05 a.m. est pre-open comment Wednesday 13th March Monday’s green-at-top high was tested (as they are 80% of the time) but in this case the test was rejected and ES generated a lower/overlapping Value Area by the end of the session.  Significant Sellers were not marked.  First minor sign of weakness would be Significant […]