Stock market today 5th October 2016 – pre-open from Chartprofit ES analysis: Last week ES tested and held 2135 which at the time was First Level Support. That minor poc has now moved to 2141.5 which is close to 2142.50, the 1/2R off August high. Tuesday’s session generated an overlapping Value Area but printed entirely […]

Stock market today 4th October 2016 – pre-open from Chartprofit ES analysis: Last week ES tested and held 2135 which at the time was First Level Support. That minor poc has now moved to 2141.5 which is close to 2142.50, the 1/2R off August high. Monday’s Value Area was lower and narrower but printed entirely […]

Stock market today 3rd October – pre-open from Chartprofit ES analysis: Last week ES tested and held 2135 which at the time was First Level Support. That minor poc has now moved to 2141.5 which is close to 2142.50, the 1/2R off August high. First Level Support = 2141.50 = 1 month poc Major poc […]

Stock market today 30th September 2016 – pre-open from Chartprofit ES analysis: Thursday’s session generated another overlapping Value Area. Overnight ES has printed as low as 2135.75 again approaching First Level Support but as long as chart holds above 2135.00 it is in a strong price location. First Level Support = 2135.00 = minor (17day) […]

Stock market today 29th September 2016 – pre-open from Chartprofit ES analysis: Wednesday’s session generated an overlapping Value Area but ES closed strong. As long as chart holds above 2135.00 it is in a strong price location and Aggressive Buying marked above that level would be a big positive. First Level Support = 2135.00 = […]

Stock market today 28th September 2016 – pre-open from Chartprofit ES analysis: Tuesday’s session saw an early test of 2135.00 (First Level poc Support) which was immediately rejected, see chart. Reactive Buying (green-at-bottom) was marked and a higher Value Area was generated. This level is now proven Support which indicates that time printed below 2135 […]

Stock market today 27th September 2016 – pre-open from Chartprofit ES analysis: Monday’s session generated a lower Value Area but entirely above 2135.00 (minor poc), see Thursday’s highlighted comments. Overnight there was a brief test of 2135 and then a rally back above 2150 which has faded. Two hours pre-open ES prints just above 2140. […]

Market Report 26th September 2016 – Pre-open from Chartprofit ES analysis: Friday’s session generated a lower Value Area and strictly applying my rules I had to mark Aggressive Selling (red-at-bottom). In the longer timeframe this is Reactive Selling because it took place above 2135.00, the minor (13day) poc. Significant Selling (red) marked below that level […]

Stock market today 23rd September 2016 See yesterday’s highlighted comments. ES analysis: Following Wednesday’s break above the 1/2R Resistance, the green-at-top high was exceeded on Thursday, with the session generating a higher, narrower Value Area. The Pulse Chart: Momentum (PriceOsc) is ticking up (although still negative) – same for IWM and DIA. Breadth on the […]

Stock market today 22nd September 2016 ES analysis: Wednesday was a constructive day. Early in the session another probe above 2142.25, the 1/2R off the August high, was rejected and ES sold down to test the 2135 minor (12day) poc. This was also rejected and ES subsequently auctioned higher to break above the 1/2R level […]