posted 9.26 a.m. est Pre-open Wednesday 10th November Tuesday saw Sellers Responding (red-at-top) as ES tested last week’s high early in the session.  Previous Responsive Selling tails (around 1190) were negated by subsequent Aggressive Buying imbalances and we can say that should 1224 also be “accepted” then once again that would be a bullish indication.  […]

posted 9.29 a.m. Pre-open Tuesday 9th November Three days of consolidation at higher level with poc at 1218.  No Buying Imbalances marked – Responsive Sellers have had an opportunity here which they have not yet  taken. First Level S/R: 1218 (9dy poc) More important Support: 1178 poc ST Sentiment: My version of the Rydex Assets […]

posted 9.27 a.m. est Pre-open Monday 8th November Last week I marked two instances of Significant Buying and one of Significant Selling.  In the week ended 29th October there were two Responsive Selling imbalances just above 1190 but price at this level was accepted last week with Tuesday/Wednesday printing Value Areas in that region.  That […]

posted 9.27 a.m. est Pre-open Friday 5th November Thursday session gapped up and held the higher levels with a strong close.  Even in the minor timeframe ES is still finding support at the first, obvious levels – i.e. 1178 on Wednesday and pre-open today at yesterday’s poc (see below). Dayframe: Micro S/R = 1213 (dotted).  […]

posted 9.28 a.m. est Pre-open Thursday 4th November Wednesday’s Value Area was overlapping/wider and once again held in the area of 1190 which was the level that previously attracted Responsive Selling.  A volatile day (although not so much as some were expecting).  There was a probe down to just above the First Level Support at […]

posted 9.28 a.m. est Pre-open Wednesday 3rd November Tuesday’s Value Area was very narrow but held in the area of 1190 which was the level that previously attracted Responsive Selling.  Acceptance at this higher level would usually be a bullish indication but let’s be honest the market is marking time here ahead of the announcement […]

posted 9.27 a.m. est Pre-open Tuesday 2nd November On Monday I marked Responsive Selling (red-at-top) again above 1190.  There was a probe below the 1178 poc in the p.m. but a late rally closed it back above that important level.  Dayframe: Pre-open today ES has once again probed above 1190 –  acceptance (time) above that […]

posted 9.22 a.m. est Pre-open Monday 1st November Last week I marked two instances of Significant Responsive Selling (red-at-top) and one instance of Significant Responsive Buying (green-at-bottom). The 30dy poc migrated higher last week to 1178.  That’s the First Level support at the start of this week.  Longframe: Chartprofit Market Timing System stays positive for […]

posted 9.29 a.m. est Pre-open Friday 29th October See yesterday’s comments (highlighted).  Monday’s poc at 1186 was the Minor Resistance given and that’s where the Sellers Responded (red-at-top).  ES was quickly auctioned back to the 30day poc at 1178.  In fact 1178 attracted more time during the session building the poc further.  Pre-open ES has […]

posted 9.29 a.m. est Pre-open Thursday 28th October I marked no Significant Buying yesterday but an afternoon rally saw ES auctioned back to the 30day poc at 1178.  Overnight all price action has taken place above that poc and pre-open (following the release of jobs data) ES has rallied as high as 1187.50.  As I […]