posted 9.29 a.m. est Pre-open comment Thursday 3rd March ES has tested the High and Low of the 8day Value Area in the last two days and pre-open today is printing back at 1318, the 30day poc.  The 8dayVAH today comes in at 1321.50  (dotted). Dayframe: If there is consolidation above 1318 for more than […]

posted 9.18 a.m. est Pre-open comment Wednesday 2nd March Tuesday: ES opened above the 8dayVAH at 1329.50 and immediately sold off.  Responsive Selling was marked AND Aggressive Selling later in the day.  Today’s 8dayVAL comes in at 1297 which is the exact overnight low.  Stats suggest that yesterday’s low at 1300.75 will be tested during […]

posted 4.30 a.m. est Pre-open comment Tuesday 1st March Yesterday’s comments (highlighted above) are relevant. These comments written 4a.m. est and ES prints 1335, well above the 1318poc.  When ES prints above the 8dayVAH it has had a tendency to slow and consolidate.  The 8dayVAH is currently at 1329.5. First Level Support =  1318.00   8dayVAH […]

posted 8.40 a.m. est Pre-open comment Monday 28th February Longframe: Chartprofit Market Timing System stayed positive for all Major U.S. Market Charts. Dayframe: On Friday ES spent most time back at the 30day poc.  The fact that this level (which is also the 1/2R off the 1343 high) did not become resistance is a minor […]

posted 9.29 a.m. est Pre-open comment Friday 25th February On Thursday there was a brief price probe (actually less than one minute) below the 1293 support.  This is now proven support and time spent below that level would indicate lower. Should it be reached, 1318 is the obvious level of resistance being both the minor […]

posted 9.29 a.m. est Pre-open comment Thursday 24th February Wednesday’s session high came in early at the previous day’s poc (dotted).  This pattern confirms Sellers in control of the dayframe.  Wednesday’s poc is at 1207 and pre-open ES has probed up into that level. The Aggressive Selling marked on Tuesday (red-at-bottom) means that long trades […]

posted 9.29 a.m. est Pre-open comment Wednesday 23rd February Significant Selling was marked on Tuesday for the first time this month.  As you know red-at-bottom have a high chance of being tested the following day. The poc at 1318 (also the 8dyVAL) is the most important level to monitor. More time spent at or below […]

posted 9.28 a.m. est Pre-open comment Tuesday 22nd February Chartprofit Market Timing system stayed positive for all major Market Charts.  Weekly structure remains bullish with Tuesday on the low last week and Friday on the high.  At the start of last week I projected the mid 1330s as a price level which “may well attract […]

posted 9.29 a.m. est Pre-open comment Friday 18th February I had been expecting Responsive Sellers to step in before ES reached 1340 but that hasn’t happened.  I thought we would see some red-at-top this week but in fact Significant Buyers are so far still very active; Responding yesterday at the first opportunity as ES tested […]

posted 9.26 a.m. est Pre-open comment Thursday 17th February Wednesday: ES printed as high as 1336.  Rejection from this level early in the session was not convincing; First Level Support at 1326.50 held and ES spent the rest of the session building a higher, wider Value Area.  Following yesterday’s price action the 8dayVAH has migrated […]