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 […]

posted 9.22 a.m. est Pre-open comment Wednesday 12th January On Tuesday there was a brief (less than 15minutes) probe below First Level Support (1267.50) down to Monday’s poc.  Following intraday support at that level (see chart) which implied ST strength, ES rallied.  Value Area was higher and overnight has printed above 1280.  No weakness detected […]

posted 9.23 a.m. est Pre-open comment Tuesday 11th January Monday’s session high came in at 1268, just below the First Level Resistance at 1268.50.  Overnight the 30minute charts found resistance three times at exactly 1268.50 but the fourth attempt was a successful break and pre-open ES prints above 1270.  This puts the chart in a […]

posted 9.22 a.m. est Pre-open comment Monday 10th January Early in Friday’s session ES fell below First Level S/R at 1268.50.  There was a rally in the afternoon which tested up into this level (see chart) but since that point ES has not printed above 1268.50 which is First Level Resistance at the start of […]