emini analysis 6th March 2017 – pre-open from Chartprofit See previous comments. ES was sharply higher on Wednesday but weakened to the end of the week. Even so, Value Areas were generated above 2360, the minor poc and as long as ES holds this level it is in a string price location. First sign of […]

emini analysis 3rd March 2017 – pre-open from Chartprofit See previous comments. Sellers were active during Thursday’s session and a lower Value Area was generated. By strictly applying my rules Aggressive Selling (red-at-bottom) was marked. This is the first indication that control of the dayframe “may” be shifting to the Sellers. Even if it is, […]

Stock market today 2nd March 2017 – pre-open from Chartprofit See previous comments. Intraday numbers were strongly positive on Wednesday even following the sharply higher open. Once again we can say that “By any technical measure the market is extremely overbought but Buyers are still in control of the dayframe”. We are looking for a […]

emini analysis 1st March 2017 – pre-open from Chartprofit See previous, highlighted, comments. Intraday numbers were mixed on Tuesday. Those based on price were neutral to slightly positive but the tick numbers were clearly negative. We saw this previously on 02/14 and the following day was up. Based on tick, yesterday was a selling day […]

emini analysis 28th February 2017 – pre-open from Chartprofit See previous, highlighted, comments. Buyers were active and Effective during Monday’s session, see the intraday numbers. A higher Value Area was generated entirely aboive the minor (19day) poc at 2360. ES (and SPY) reached new highs. By any technical measure the market is extremely overbought but […]

emini analysis 27th February 2017 – pre-open from Chartprofit See previous, highlighted, comments. Last week saw Tuesday open up from previous Friday and the rest of the week we saw overlapping Value Areas generated centred around 2360 which is now the 18day poc and first minor level of Support/Resistance. One hour pre-open today ES prints […]

emini analysis 24th February 2017 – pre-open from Chartprofit See previous, highlighted, comments. Wednesday’s intraday numbers were mixed: indications based on price (Pr) showed intraday Sellers were active and those based on Tick (Tk) showed Buying. I am looking for the first session of “Effective” intraday Selling which would suggest control of the dayframe may […]

emini analysis 23rd February 2017 – pre-open from Chartprofit See yesterday’s, highlighted, comments. Intraday numbers indicate that Sellers were active on Wednesday but Ineffective in the longer timeframe (Value Area was “inside” Tuesday’s). Tuesday and Wednesday this week = Effective dayframe Buying followed by Ineffective dayframe Selling simiar to 02/15 and 02/16. Buyers are still […]

emini analysis 22nd February 2017 – pre-open from Chartprofit Intraday numbers indicate that Buyers were active and Effective (Monday’s Value Area was higher). By any technical measure the market is extremely overbought but Buyers are still in control of the dayframe. I am watching for the first sign that this may be changing and that […]

emini analysis 21st February 2017 – pre-open from Chartprofit See previous comments. Aggressive Buying (green-at-top) was marked twice last week. Intraday numbers indicate that when Buyers were active they were Effective; Sellers not so. We are looking for the first signs that this dynamic is changing. No markable Selling since ES found Support at 2265 […]