emini analysis 22nd May 2017 – pre-open from Chartprofit Last week the 4mn poc migrated to 2353, see Friday’s highlighted comments. Time printed below this would be an indication of weakness – Significant Buying (green) marked above 2353 would be the first sign of strength. Daily breadth on the Pulse Chart is still negative and […]

emini analysis 19th May 2017 – pre-open from Chartprofit As noted yesterday ES had tested the 3month VAL at 2347 before the open. During the session ES rallied a little and enough time was spent at 2353 to migrate the 4month poc to that level. This gives us a close level of Time Support which […]

emini analysis 18th May 2017 – pre-open from Chartprofit ES opened Wednesday’s session below 2385 (which “was” the 1month poc), see Monday’s highlighted comments. Pre-open yesterday enough time was spent at 2385 to migrate the 3month poc to that level. I have previously noted that the minor distribution “looks complete and I’m assuming a new […]

emini analysis 17th May 2017 – pre-open from Chartprofit Please read previous highlighted comments. Pre-open today ES is testing 2380, the one month VAL (dashed line). As I have said – price relative to that level is important to monitor. Price acceptance around that VAL would be a ST negative. Sentiment: My version of the […]

emini analysis 15th June 2017 – pre-open from Chartprofit Please read previous highlighted comments. Last week there was a rejected test of 2380, the one month VAL (dashed line). That keeps me assuming ES has an upward bias. Also note that all VAs last week were generated above that price. If the poc of the […]

emini analysis 12th May 2017 – pre-open from Chartprofit Thursday’s session saw an early rejected test of 2380, the one month VAL (dashed line) – see previous highlighted comments. The current (minor) price distribution with poc at 2385, looks compete or near to completion. Therefore in the ST timeframe it is important to monitor price […]

emini analysis 11th May 2017 – pre-open from Chartprofit The current (minor) price distribution (approx. one month) with poc at 2385, looks compete or near to completion. Therefore in the ST timeframe it is important to monitor price relative to that poc. In the LT as long as ES holds above 2353 (3month poc) it […]

emini analysis 10th May 2017 – pre-open from Chartprofit The current (minor) price distribution (approx. one month) with poc at 2385, looks compete or near to completion. Therefore in the ST timeframe it is important to monitor price relative to that poc. In the LT as long as ES holds above 2353 (3month poc) it […]

emini analysis 9th May 2017 – pre-open from Chartprofit Last week there was a rejected test of the one month VAL at 2380, (dashed line) see Wednesday’s highlighted comments. In the ST as long as ES holds above 2385 it is in a strong price location and in the LT as long as ES holds […]

emini analysis 8th May 2017 – pre-open from Chartprofit Last week there was a rejected test of the one month VAL at 2380, dashed line, see Wednesday’s highlighted comments. Last week’s Value Areas were printed above that level. On Friday ES found Support at the one month poc at 2385 and rallied to close the […]