emini 4th June 2018 – pre-open from Chartprofit There was a strong finish to the week with Friday’s session generating a Value Area entirely above 2718, the 12mn poc, see previous comments. ES needs to hold above this level to maintain a strong price location. Support = 2718.00 (12mn poc) Stocks>50dyma numbers: Nyse 60%, Nasdaq […]

emini 1st June 2018 – pre-open from Chartprofit Following the positive day on Wednesday, see previous comments, Thursday’s session was disappointing for Bulls, generating a lower Value Area and testing (briefly) the low of Wednesday’s Aggressive Buying day which happens rarely on the following day. Overnight ES rallied back enough to probe 2718, the 12mn […]

emini 31st May 2018 – pre-open from Chartprofit Wednesday was a positive day. ES generated most of its Value Area back above 2718, the 12mn poc, and Aggressive Buying was marked. Breadth numbers improved, see below, and the Rydex Ratio fell back, see below. ES needs to hold above 2718 to maintain its strong location. […]

ES emini 30th May 2018 – pre-open from Chartprofit See yesterday’s highlighted comments. ES generated a lower, wider Value Area on Tuesday. Has rallied back above 2705 overnight but as long as it prints below 2718, the 12mn poc, ES is in a weak price location. We need to see ES recover that level before […]

pre-open Tuesday 29th May 2018 On Friday the 12mn poc migrated to 2718. This has lifted the VAH and removed the Resistance at 2745, see Friday’s highlighted pre-open comments. But… ES currently prints below that level in what is now a weaker price location. If the poc remains at 2718 we need to see ES […]

emini 24th May 2018 – pre-open from Chartprofit The last eleven Value Areas have been generated above 2672, the 12mn poc, and as long as ES holds above that level it is in a strong LT price location. On Wednesday ES recovered back above 2724, the minor poc and pre-open today is printing just above […]

emini 22nd May 2018 – pre-open from Chartprofit I have marked Aggressive Buying (green-at-top) five times in the last twelve days and the market is higher indicating this is Effective Buying in the dayframe. The last nine Value Areas have been generated above 2672, the 12mn poc, and as long as ES holds above that […]

emini 21st May 2018 – pre-open from Chartprofit I have marked Aggressive Buying (green-at-top) five times in the last eleven days and the market is higher indicating this is Effective Buying in the dayframe. The last eight Value Areas have been generated above 2672, the 12mn poc, and as long as ES holds above that […]

ES emini analysis 18th May 2018 – pre-open from Chartprofit I have marked Aggressive Buying (green-at-top) five times in the last ten days and the market is higher indicating this is Effective Buying in the dayframe. The last seven Value Areas have been generated above 2672, the 12mn poc, and as long as ES holds […]

ES emini 17th May 2018 – pre-open from Chartprofit I have marked Aggressive Buying (green-at-top) five times in the last ninet days and the market is higher indicating this is Effective Buying in the dayframe. The last six Value Areas have been generated above 2672, the 12mn poc, and as long as ES holds above […]