emini 18th June 2018 – pre-open from Chartprofit A minor (14day) poc has emerged at 2772, and this may be a useful reference at the start of this week to gauge ST strength/weakness. Pre-open today ES prints below that level. Friday’s session (like Thursday’s) generated a lower Value Area. There has been no Significant Selling […]

emini 15th June 2018 – pre-open from Chartprofit Thursday’s session generated a lower Value Area. There has been no Significant Selling (red) marked for 36 days. With the Significant Buyers being active (green) over that period and the market moving higher (indicating Effective Buying) I assume the Buyers are still control of the dayframe. Pre-open […]

emini 14th June 2018 – pre-open from Chartprofit The intraday numbers for Tuesday and Wednesday have been negative indicating net Selling activity on both days and yet the Value Areas have been overlapping rather than lower. This suggests that the Selling activity has been ineffective on the minor timeframe and is probably an indication of […]

emini 13th June 2018 – pre-open from Chartprofit See Monday’s highlighted comments. Tuesday’s session generated an eighth Value Area entirely above 2718, the 12mn poc. ES needs to hold above this level to maintain a strong LT price location. There has been no Significant Selling (red) marked for 34 days. Support = 2718.00 (12mn poc) […]

emini 12th June 2018 – pre-open from Chartprofit Note: we are now following the September contract. See yesterday’s highlighted comments. Monday’s session generated a seventh Value Area entirely above 2718, the 12mn poc. ES needs to hold above this level to maintain a strong price location. There has been no Significant Selling (red) marked for […]

emini 11th June 2018 – pre-open from Chartprofit Friday’s session generated a sixth Value Area entirely above 2718, the 12mn poc. ES needs to hold above this level to maintain a strong price location. On 25th May the 12mn poc migrated to 2718. This lifted the Value Area High (VAH) and removed the Resistance at […]

emini 8th June 2018 – pre-open from Chartprofit Thursday’s session generated a fifth Value Area entirely above 2718, the 12mn poc. ES needs to hold above this level to maintain a strong price location. Support = 2718.00 (12mn poc) Stocks>50dyma numbers: Nyse 68% (from 64%), Nasdaq 73% (from 74%), R2000 76% (from 78%). numbers >50 […]

emini – Thursday 7th June 2018 Wednesday’s session generated a fourth Value Area entirely above 2718, the 12mn poc. ES needs to hold above this level to maintain a strong price location. Support = 2718.00 (12mn poc) Stocks>50dyma numbers: Nyse 64% (from 63%), Nasdaq 74% (from 73%), R2000 78% (from 76%). numbers >50 are supportive. […]

emini 6th June 2018 – pre-open from Chartprofit Tuesday’s session generated a third Value Area entirely above 2718, the 12mn poc. ES needs to hold above this level to maintain a strong price location. Support = 2718.00 (12mn poc) Stocks>50dyma numbers: Nyse 63% (from 62%), Nasdaq 73% (from 70%), R2000 76% (from 74%). numbers >50 […]

emini 5th June 2018 – pre-open from Chartprofit Monday’s session generated a second Value Area entirely above 2718, the 12mn poc. ES needs to hold above this level to maintain a strong price location. Support = 2718.00 (12mn poc) Stocks>50dyma numbers: Nyse 62% (from 60%), Nasdaq 70% (from 66%), R2000 74% (from 72%). numbers >50 […]