posted 18.50 est 01/26.  Unable to produce pre-open comment for Thursday so posting this not long after Wednesday’s close. ES reached a new high on Wednesday and the Value Area, although narrow, gapped higher and held above the level that Responsive Sellers stepped in a week ago (red-at-top last Wednesday).  Dayframe: Acceptance at a higher level like […]

posted 9.28 a.m. est Pre-open comment Wednesday 26th January Tuesday’s 8dayVAH was at 1288 and once again this capped the upside during the session.  The 8dayVAH moves up to 1292 for today and 8dayVAL to 1278.  These dynamic (they move) levels have been useful recently and may continue to be if the poc stays at […]

posted 9.28 a.m. est Pre-open comment Tuesday 25th January Monday printed some time above the 1281.50 poc which is a positive in the ST but once again a probe above 8dayVAH at 1288 (dotted) capped the upside during the session.  Overnight ES has been higher but pre-open is looking to test the 1281.50 poc. Dayframe: […]

posted 9.13 a.m. est Pre-open comment Monday 24th January Early in Friday’s session there was a probe above the 8day VAH at 1285.50 (quoted pre-open) which was rejected.  The 8day Value Area High and Low have provided consistently good reference levels in the ST recently so I will continue to monitor them.  They are currently […]

posted 9.25 a.m. est Pre-open comment Friday 21st January Thursday’s low came in at exactly the 1267.50 Support and the session high just below the First Level S/R at 1281.50 – both given pre-open.  Support and Resistance levels remain the same for today, the 1281.50 poc has not migrated lower.  Pre-open ES prints just above […]

posted 9.28 a.m. est Pre-open comment Thursday 20th January Significant Selling was marked on Wednesday for the first time since mid December.  Tuesday’s green-at-top high was not tested, instead Responsive Sellers entered from the open with further Aggressive Selling being marked later in the session.  The Value Area was lower, wider and volume was well […]

posted 9.29 a.m. est Pre-open comment Wednesday 19th January Buyers have been very active.  I have marked four instances of Significant Buying in four days.  On Tuesday I marked Aggressive Buying as ES pushed to a new high.  Stats suggest that yesterday’s green-at-top high (1295) is likely to be tested.  This will most likely be […]

poested 9.25 a.m. est Pre-open comment Tuesday 18th January All Major Market Timing Charts are still positive.  Friday closed the week strong on the high (Monday was the low day of the week). This affirms the strong Weekly Price Structure.  I marked Significant Buying twice on Friday.  Buyers Responded eagerly to a minor opportunity early […]

posted 9.24 a.m. est Pre-open comment Friday 14th January Thursday’s session further consolidated the gain made on Wednesday with an overlapping Value Area.  Still no Significant Sellers marked.   First Level Resistance = 1281.50 (8day poc). First Level Support = 1267.50 (15day poc) LT Sentiment: AAII (public) poll %Bulls was down to 52.3 and the […]

posted 9.26 a.m. est Pre-open comment Thursday 13th January Wednesday’s session gapped opened higher and consolidated the gain with a higher Value Area.  Although the reliability of my stats are distorted by gaps Aggressive Buying was marked which suggests that yesterday’s green-at-top high of 1285.50 will be tested.   First Level S/R = 1281.50 (Wednesday […]