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ST: in yesterday's RTH ES opened above 4483, the minor control, but very quickly broke that level, finding Resistance there later in the session, see yesterday's comments and chart. Price holding above 4483 would be the positive in the ST. LT: The … [Continue reading]

ST: On Thursday last week there was a rejected test of the 2month control and ES has rallied strongly from there and yesterday price action consolidated Monday's gains. LT: The first sign of weakness in the LT would be a Value Area printed … [Continue reading]

The first sign of weakness in the LT would be a Value Area printed entirely below 4391.50, the 2month control. That was a possibility on Thursday but didn't happen. A RTH close above 4450, Wednesday's high, would negate any ST implications of that … [Continue reading]

I've been writing that "First sign of weakness in the LT would be a Value Area printed entirely below 4391.50, the 2month control". That was a possibility yesterday but didn't happen. Significant Selling (red) was marked for the first time in 42 days … [Continue reading]

First sign of weakness in the LT would be a Value Area printed entirely below 4391.50, the 2month control. Significant Sellers (red) have not been marked for 41 days. Tuesday's RTH found Resistance at 4453.50, the 6dy control, see yesterday's … [Continue reading]