Overnight on Tuesday there was a brief, rejected test of the major Value Area Low at 4140 (dashed line). That’s encouraging and ES has rallied strongly from there. The Control of the same major distribution is at 4396 and I want to see price above that level before considering new longs. However 4353 is the […]

The major Value Area Low is at 4140 (dashed line) – overnight that level was briefly tested. 60 minutes in to today’s RTH and ES prints above 4200. The major controlling price at 4396 was effective Resistance earlier in the month. As I’ve been writing, I want to see price above that level before considering […]

The major controlling price at 4396 was effective Resistance earlier in the month. As I’ve been writing, I want to see price above that level before considering new longs. ES remains in a weak position. The Control may migrate lower which could open up more possibilities but that has not yet happened. The major Value […]

The major controlling price at 4396 was effective Resistance last week. As I’ve been writing, I want to see price above that level before considering new longs. ES remains in a weak position. The Control may migrate lower which could open up more possibilities but that has not yet happened.

The major controlling price at 4396 was effective Resistance last week. As I’ve been writing, I want to see price above that level before considering new longs. ES remains in a weak position. The Control may migrate lower which could open up more possibilities but that has not yet happened.

The major controlling price at 4396 was effective Resistance last week. As I’ve been writing, I want to see price above that level before considering new longs. ES remains in a weak position. The Control may migrate lower which could open up more possibilities but that has not yet happened.

The major controlling price at 4396 was effective Resistance last week. As I’ve been writing, I want to see price above that level before considering new longs. ES remains in a weak position and Significant Sellers (red) were active and Effective yesterday. The Control may migrate lower which could open up more possibilities but that […]

The major controlling price at 4396 was effective Resistance last week. As I’ve been writing, I want to see price above that level before considering new longs. ES remains in a weak position. The Control may migrate lower which could open up more possibilities but that has not yet happened.

and remains in a weak position Twice, earlier in the week, the Resistance at 4396 (major controlling price) was tested. As I’ve been writing, I want to see price above that level before considering new longs. ES opened above the Control on Thursday and then immediately declined below it, with two further rejections at that […]