Technical analysis – Market pre-open 13th October 2015 Unfortunately my real-time provider (Reuters) has data missing for yesterday’s S&P emini day session. I’m trying to find out why and if/when the data will be filled so I can produce the profile. With apologies, the graphic is not going to be ready for the usual pre-open […]

Technical analysis – Market pre-open 12th October 2015 Last week I marked Aggressive Buying twice and no Siugnificant Selling. Friday’s session generated a third Value Area entirely above 1971.00, the 1/2R off this year’s high which is strong price location. ES now needs to hold this Support to remain in a ST strong price location […]

Technical analysis – Market pre-open 9th October 2015 Thursday’s session generated a second Value Area entirely above 1971.00, the 1/2R off this year’s high. ES now needs to hold this Support to remain in a strong price location. Pre-open ES has printed as high as 2014.00, which is above the September high. First Level Support […]

Technical analysis – Market pre-open 8th October 2015 On Wednesday ES made a brief test below 1971.00, see yesterday’s highlighted comments, and rallied from there. This is the the 1/2R off this year’s high – and the very minor (10dy) poc has also migrated to this level. ES now needs to hold this Support to […]

Technical analysis – Market pre-open 7th October 2015 Following the Aggressive Buying on Friday, ES gapped higher to open on Monday. Tuesday tested Monday’s green-at-top high but most time during the session was spent printing at 1971.00, the 1/2R off this year’s high. This level could be intraday Support or Resistance today. Price printing time […]

Technical analysis – Market pre-open 6th October Following the Aggressive Buying on Friday, ES gapped higher to open Monday’s session. The 1/2R Resistance at 1971.00, was probed and Aggressive Buying was marked again. These green-at-top highs are tested within a day (or two) 80% of the time but this stat is less reliable when marked […]

Technical Analysis – Market pre-open 5th October 2015 Please read previous highlighted comments. On Friday ES opened lower following jobs data but rallied strongly with Aggressive Buying (green-at-top) being marked and closing the week above the 1923.00 poc. As long as ES holds above 1923.00 it is in a strong price location. Pre-open today ES […]

Technical analysis – Market pre-open 2nd October Please read previous highlighted comments. Overnight ES printed more time at 1923.00, the 50dy poc but following a poor jobs report has printed back below 1900. Bond futures rallied and gold is up with dollar lower. More in today’s webcast. Second Level Resistance = ES 1971.00 (1/2R off […]

Technical analysis – Market pre-open 1st October 2015 Please read previous highlighted comments. ES (and SPY) found Support this week at the given poc levels. From that point ES rallied on Wednesday and overnight enough time was spent at 1923.00 to migrate the 55day poc to the level. This is significant. Having watched these distributions […]

Technical analysis – Market pre-open 30th September 2015 Monday’s red-at-bottom low was tested but ES found Support at the 1865.00 poc, see yesterday’s highlighted comments. Price printing time below this level would indicate lower. Overnight ES has rallied as high as 1900. SPY also found Support at the given level, see below. I also note […]