emini analysis 21st April 2017 – pre-open from Chartprofit Please read previous comments. During Wednesday’s session the three month poc migrated lower to 2341. On Thursday there was an early test of this level and ES rallied. Aggressive Buying (green-at-top) was marked and interestingly enough time was spent at 2353 to lift the 3mn poc […]

emini analysis 20th April 2017 – pre-open from Chartprofit Please read previous comments. During Wednesday’s session the three month poc migrated lower to 2341 (from 2353). Unless ES rallies back above that level it is in a weak price location. Overnight (I am writing this five hous pre-open) ES prints close to that level. At […]

emini analysis 19th April – pre-open from Chartprofit Early last week the three month poc migrated to 2353. Price below that level is weak location. On Thursday the 3month VAL at 2334 (dashed line) was tested. ES has rallied a little from there but should price be accepted around 2334 (rather than rejected) it would […]

emini analysis 18th April 2017 – pre-open from Chartprofit Early last week the three month poc migrated to 2353. Price below that level is weak location. On Thursday the 3month VAL at 2334 (dashed line) was tested. ES rallied on Monday but should price be accepted around 2334 (rather than rejection) it would likely be […]

emini analysis 13th April 2017 – pre-open from Chartprofit The three month poc migrated to 2353 on Monday. It is now very important for the Bulls that ES recovers back above that level – currently price is in a weak location. During Tuesday’s session the 3month VAL at 2334 (dashed line) was tested and ES […]

emini analysis 12th April 2017 – pre-open from Chartprofit The three month poc migrated to 2353 on Monday. It is now very important for the Bulls that ES prints above that level. During Tuesday’s session the 3month VAL at 2334 (dashed line) was tested and ES rallied but did not print higher than the 2353 […]

emini analysis 11th April 2017 – pre-open from Chartprofit Please read Friday’s highlighted comments. During Monday’s session the three month poc migrated to 2353. This suggests that 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 […]

emini analysis 10th April 2017 – pre-open from Chartprofit See Friday’s comments. The three month poc migrated to 2360 on Wednesday and was subsequently Resistance on Thursday and Friday, see chart. This is the important level to monitor. Price printing time above this level would be a positive. If the 2month distribution is still current […]

emini analysis 7th April 2017 – pre-open from Chartprofit See yesterday’s comments. The three month poc migrated to 2360 on Wednesday. This was Resistance during Thursday’s session (see chart) and is the important level to monitor. Price printing time above this level would be a positive. During Thursday’s session price spent most time at 2354. […]

emini analysis 6th April 2017 – pre-open from Chartprofit Wednesday’s session represented a rejected probe above 2367 (which was the 2month poc). The poc (now 3month) has migrated to 2360.00 and this is now the important level to monitor. This is the poc of a distribution that began in February. The Value Area Low (VAL) […]