The VAH, dashed line on chart, was probed last week and the week before – both rejected, see comments 2nd Feb, on chart. In Summary, ES has tested the VAH and now the poc at 4354, of the major distribution. Bulls would want to see that Support hold; time spent below 4354 would be a […]

Support at 4354 held so far. The VAH, dashed line on chart, was probed last week and the week before – both rejected, see comments 2nd Feb, on chart. In Summary, ES has tested the VAH and now the poc at 4354, of the major distribution. Bulls would want to see that Support hold; time […]

The VAH, dashed line on chart, was probed last week and the week before – both rejected, see comments 2nd Feb, on chart. In Summary, ES has tested the VAH and now the poc, see below, of the major distribution. I’ve shown the price action since Friday RTH close and you can see that earlier […]

The VAH, dashed line on chart blow, was probed last week and rejected – and again this week. I’ve been writing that “Acceptance (time) at this level or higher would be an indication that we are in a new distribution up”. The last 9 Value Areas have been printed above the Major Control at 4354 […]

The VAH, dashed line on chart, was probed last week (rejected) and again yesterday. Acceptance (time) at this level or higher would be an indication that we are in a new distribution up. The last 8 Value Areas have been printed above the Major Control at 4354 – that’s a positive. In the ST: The […]

There was rejection last week at the Value Area High, dashed line on chart, see previous, highlighted comments. Bulls would want to see acceptance (time) at that level or higher which would be an indication that we are in a new distribution higher. The last 7 Value Areas have been printed above the major Control […]

ES between the 4588 VAH, and the 4354 control Support. A 5wk control has emerged at 4484 and price relative to that level is worth monitoring today. Pre-RTH ES is printing below that level in a weaker position. Mechanically, a RTH close below the low of the 02/01 Buying Day, 4474 (dotted line) would indicate […]

There was a fast rejection last week of the VAH, dashed line on chart, and see previous, highlighted comments. Bulls would want to see acceptance (time) at that level or higher which would be an indication that this is a new distribution higher. In the ST, a minor (8day) control has emerged at 4493 and […]

A fast rejection just shy of the Value Area High at 4588, dashed line on chart, see Wednesday’s highlighted comments on chart. Bulls would want to see acceptance (time) at that level or higher which would be an indication that this is a new distribution higher. Seen the opposite of that so far.

A fast rejection just shy of the VAH at 4588 (dashed line on chart) this morning’s comments -> It will be interesting to see if price is rejected should there be a test of the Value Area High at 4588. Acceptance (time) at that level or higher would be an indication that this is a […]