posted 8.55a.m. est from pre-open comment Thursday 21st May >>Longframe: The early May time pivot where I anticipated a turn for the market is still looking like a good call – so far. My best guess at the moment though is that we’ll see that high tested with an accompanying surge of bullish sentiment – […]

posted 7.25a.m. est from pre-open comment Thursday 21st May >>Longframe: The early May time pivot where I anticipated a turn for the market is still looking like a good call – so far.  My best guess at the moment though is that we’ll see that high tested with an accompanying surge of bullish sentiment – […]

posted 9.29a.m. est from pre-open comment Thursday 21st May >>Dayframe: First Level S/R is 911.5.  I’m not interested in longs below that level and for now I’m not interested in short side until we see Effective Selling below 872.  We’re still waiting for Effective Sellers to appear and until that happens (and as I still […]

posted 7.45a.m. est from pre-open comment Tuesday 19th May >>….a higher low above a major poc (872) can be a powerful pattern.  ES found support just above this level. The 1/2Range since the high on 7th May is 902.  This halfway point (or just below) could well be support if the Buyers are ready to auction […]

posted 9.28a.m. est Pre-open Monday 18th May >>Last week I marked two instances of Significant Selling and one of Significant Buying and that’s the first time there’s been a weekly Selling imbalance since week-ending 6th March…..I’m looking for Effective Selling below the major support at 872 to confirm Sellers in  control.<< Pre-open Tuesday 19th May […]

webcast 18th May

posted 9.47a.m. est from pre-open Friday 15th May >>Significant Responsive Buyers were marked (Green at bottom).   Green at Bottom sets up a useful reference point in a rally.  Since the March low there has been six previous days when Green at Bottom was marked and there has not been a subsequent close below any of […]

posted 9.20a.m. est from pre-open comments Thursday 14th May >>..There’s  major support at 872 and I’d be looking for Significant, Effective Selling below that level to confirm a new down trend.  Until a new trend is confirmed I will assume the  Buyers are still in control and a new high is possible. I marked Significant […]

posted 7.35a.m. est from pre-open comment Wednesday 13th May >>Tuesday’s Value Area was lower and wider on increased volume so bulls need to be cautious even though there was no Significant Selling marked. If 911.5 becomes support at some point (maybe today) we’ll most likely see a new high this week.  I would not consider […]

posted 6.05a.m. est >>from pre-open comment Tuesday 12th May If 914 becomes support at some point (maybe today) we’ll most likely see a new high this week.  I would not consider the long side if ES prints below that level and I’m not considering the short side until I mark Effective Sellers. Until ES prints […]