emini analysis 5th April 2017 – pre-open from Chartprofit Dayframe: see Wednesday’s highlighted comments. Thursday’s session was similar to Wednesday’s. A rejected test below 2380 (dashed line) – the VAL of the one month distribution and a Value Area printed above that level. Currently ES is still finding the one month poc at 2385 attractive. […]

emini analysis 4th May 2017 – pre-open from Chartprofit Dayframe: see yesterday’s highlighted comments. Early in Wednesday’s session there was a test below 2380 (dashed line) – the VAL of the one month distribution. This was rejected and ES rallied. The Value Area was printed above this level. This suggests ES still has an upward […]

emini analysis 3rd May 2017 – pre-open from Chartprofit ES spent Tuesday’s session oscillating around 2385, the one month poc. Significant Buying (green) marked above this level would be a big positive. Price relative to this level could be monitored at as a guide to ST strength/weakness. Dayframe: The Value Area Low (VAL) of this […]

emini analysis 2nd May 2017 – pre-open from Chartprofit The one month poc migrated to 2385. Price relative to this level could be monitored at as a guide to ST strength/weakness. One hour pre-open ES prints close to that level Breadth numbers improved last week and are now Supportive. Momentum (PriceOsc) on the SPY chart […]

emini analysis 1st May 2017 – pre-open from Chartprofit ES auctioned higher early last week and then consolidated through Friday, see last Tuesday’s highlighted comments. Breadth numbers improved and are now Supportive. Momentum (PriceOsc) on the SPY chart turned positive. In the LT as long as ES holds above 2353 it is in a strong […]

emini analysis 28th April 2017 – pre-open from Chartprofit ES has auctioned higher this week. The last three Value Areas have been generated above 2371 (dashed line), the 3month VAH, see Tuesday’s highlighted comments. Bulls would not want to see ES printing time close to 2371. Breadth numbers have improved this week and momentum on […]

emini analysis 27th April 2017 – pre-open from Chartprofit ES has auctioned higher this week. Value Areas on Tuesday and Wednesday were generated above 2371 (dashed line), the 3month VAH, see Tuesday’s highlighted comments. Bulls would not want to see ES printing time close to 2371. Breadth numbers have improved this week and momentum on […]

emini analysis 26th April 2017 – pre-open from Chartprofit ES has auctioned strongly higher this week. Tuiesday’s Value Area was generated above 2371 (dashed line), the 3month VAH, see yesterday’s highlighted comments. As per yesterday’s comments, Bulls would not want to see ES printing time close to 2371. Breadth numbers have improved tis week, see […]

emini analysis 25th April 2017 – pre-open from Chartprofit from 11th April “the current distribution which began in February may be complete/near completion and a new distribution will begin. There has been no directional conviction recently (no Significant Buying or Selling marked) – that may change soon. ” ES opened strongly higher on Monday. Bulls […]

emini analysis 24th April 2017 – pre-open from Chartprofit I wrote pre-open Friday that “today’s session is an important test for the Bulls. Can they auction ES above yesterday’s green-at-top high? Can they keep price above the poc at ES 2353? Can the breadth numbers hold above 50%? Will we see a strong end to […]