emini futures 17th October 2018 – after-close from Chartprofit
Today’s Value Area was generated “inside” Tuesdays. Bulls would want to see the Support at 2774.00 held, as it was today. Time printed above 2829.50, the 1/2R off the September high (dashed line) would be a positive indication and a stronger price location.
minor Support = 2774.00 (4mn poc)
major Support = 2718.00
ETFs: SPY and IWM also held their major Support last week; SPY = 271.7, IWM = 153.5.
