emini SP500 – Tuesday 24th September – after close
Short Term: In today’s session ES opened above 3000.50, the 1 month poc and then immediately sold off breaking below Friday’s red-at-bottom low and below the low of the most recent Aggressive Buying day on 09/11. A weak day.
Longer Term: Since 4th September Value Areas have been generated above 2927, the 15mn poc, an indication of LT strength. As long as ES holds above that level it is in a strong LT position.