Technical analysis – Market pre-open 15th March 2016 See previous comments. Last week ES consolidated at higher levels centred around 1990 which emerged as a minor (30day) poc. Price relative to that level may be useful to monitor as a guide to ST strength/weakness. On Monday ES probed above Friday’s green-at-top high but generated a […]

Technical analysis – Market pre-open 14th March 2016 We saw a series of Values Areas at higher levels consolidating around 1990 which emerged as a minor (30day) poc. Price relative to that level may be useful to monitor as a guide to ST strength/weakness at the start of this week. In the LT, as long […]

Technical analysis – Market pre-open 11th March 2016 We’ve seen a series of Values Areas at these higher levels consolidating around 1990 which has emerged as a minor (30day) poc. Price relative to that level may be useful to monitor as a guide to ST strength/weakness remembering that as long as ES holds above 1956.90, […]

With apologies I am unable to produce a full pre-open comment with graphic today. Having upgraded my operating system late yesterday my real-time data “died” on me. Waiting for tech support to aopen get me back up and running. Some notes below. from pre-open Tuesday 8th March >>Dayframe: During Monday’s session intraday Buyers were active, […]

Technical analysis – Market pre-open 9th March 2016 Dayframe: Post-open on Tuesday ES was not able to print above 1994, the v minor 1/2R off Friday’s high, see yesterday’s highlighted comments. That 1/2R has moved lower to 1991.75. Longframe: See previous, highlighted, comments. As long as ES holds above above 1956.90, the 1/2R off last […]

Technical analysis – Market pre-open 8th March 2016 Dayframe: During Monday’s session intraday Buyers were active, see highlighted numbers. However they only managed to generate an “inside” Value Area which was not an Effective performance in the dayframe. Significant Sellers have not yet been marked responding to these higher prices but overnight ES has printed […]

Technical Analysis – Market pre-open 7th March 2016 Last week Aggressive Buying was marked on Tuesday and again on Thursday, both times above 1956.90, the 1/2R off last year’s high. This is now First Level Support. Friday closed above Mon-Wed Hi-Lo Range indicating Buyers Active on the weekly timeframe. Breadth and Price Momentum are positive, […]

Pre-open Friday 4th March Aggressive Buying was marked on Tuesday and again on Thursday, both times above 1956.90, the 1/2R off last year’s high. This is now First Level Support. Breadth numbers improved again, see below. First Level Support = 1956.90 (1/2R off last year’s high) Second Level Support = ES 1886.50 (70 day poc) […]

Technical analysis – Market pre-open 3rd March 2016 Tuesday was a constructive day. Aggressive Buying was marked above 1956.90, the 1/2R off last year’s high. This is now First Level Support. Wednesday’s session generated a Value Area above that level. Breadth numbers improved again, see below. First Level Support = 1956.90 (1/2R off last year’s […]

Technical analysis – Market pre-open 2nd March 2106 Tuesday was a constructive day. Aggressive Buying (green-at-top) was marked above 1956.90, the 1/2R off last year’s high, see yesterday’s comments. This is now First Level Support. Breadth numbers improved, see below. First Level Support = 1956.90 (1/2R off last year’s high) Second Level Support = ES […]