Strong day on Wednesday. ES exceeded 3907, the 1mn Resistance, now ST Support, and Aggressive Buying (green) was marked. 3907 is a useful reference in the short-term and exactly where ES is printing as I write pre-open. In the longer term the Major Support at 3797 held on the recent decline. Stocks>50dyma Nyse 79% (from […]

The 1mn is at 3907 = Resistance. This is a useful reference in the short-term. Price back above that point would be strong position. Aggressive Selling has not been marked yet. Major Support at 3797 has held so far. Stocks>50dyma Nyse 74% (from 75%), Nasdaq 76% (from 80%), R2000 80% (from 83%). Numbers >50 are […]

w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672. Following a rejected test of that level Aggressive Buying has been marked five times. First Level Support is at 3797. The 1mn is at 3907, clearly Resistance now. This is a useful reference in the short-term. Yet to mark Aggressive […]

w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672. Following a rejected test of that level Aggressive Buying has been marked five times. First Level Support is at 3797. The 1mn Redsistance is at 3907. This is a useful reference in the short-term. Pre-open today, ES has auctioned a […]

ChartProfit Chart Book – week ending 19th February 2021

w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672. Following a rejected test of that level Aggressive Buying has been marked five times. First Level Support is at 3797. The 1mn is at 3909. This is a useful reference in the short-term. Stocks>50dyma Nyse 73% (from 76%), Nasdaq 81% […]

w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672. Following a rejected test of that level Aggressive Buying has been marked five times. First Level Support is at 3797. The 1mn moved to 3909. This is a useful reference in the short-term and currently minor Resistance. Stocks>50dyma Nyse 76% […]

w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672. Following a rejected test of that level Aggressive Buying has been marked five times. First Level Support is at 3797. Stocks>50dyma Nyse 78% (from 79%), Nasdaq 87% (from 88%), R2000 85% (from 86%). Numbers >50 are supportive. Sentiment: My version […]

w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672. Following a rejected test of that level Aggressive Buying has been marked five times. First Level Support is at 3797. Stocks>50dyma Nyse 79%, Nasdaq 88%, R2000 86%. Numbers >50 are supportive. Sentiment: My version of the Rydex Assets Ratio ended […]

ChartProfit Chart Book – week ending 12th February 2021