
As noted pre-RTH - Bulls have got to see price back above 6768.5 which has been Resistance so far today. Read this post on Substack … [Continue reading]
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Posted on Written by Chart Prophet

As noted pre-RTH - Bulls have got to see price back above 6768.5 which has been Resistance so far today. Read this post on Substack … [Continue reading]
Posted on Written by Chart Prophet

Significant Development. read this post on Substack and subscribe There was a test of the Control Support at 6711 on Friday 11/14 and ES bounced. In an intraday update on Friday I asked, "Can they hold it to the close? Even better would be a … [Continue reading]
Posted on Written by Chart Prophet

Buyers step in again below the big Control Support. Can they hold it to the close?Even better would be a close above the 6804 Resistance, the 1/2R off November high (dashed line on chart). read this post on Substack and subscribe … [Continue reading]
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First Significant Selling (red) since 16th October. I wrote yesterday “The 1 month Control has migrated to 6883.5.. In ST, either that Control shifts lower or I’ll wait for it to be exceeded before looking at new longs”. The first negative … [Continue reading]
Posted on Written by Chart Prophet

The 1 month Control has migrated to 6883.5 and price relative to that level is worth monitoring today. A recovery of that level would be a positive. In ST, either that Control shifts lower or I'll wait for it to be exceeded before looking at new … [Continue reading]
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Significant Buying (green) was marked again on Tuesday, see yesterday's note. Buyers in Control. First sign of weakness would be a RTH close below 6830.5, Tuesday's Buying Day Low, dotted line. … [Continue reading]
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ES tested the 6804 Support (dashed line on chart) on Monday and rallied aggressively, see yesterday's note. read this post on Substack and subscribe Significant Buying (green) was marked. Looking good for Bulls so far this week. Control … [Continue reading]
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LT: Re the Control at 6711 - I've been writing 'Bulls would want that Support to hold or recover a test quickly. Time below that level would indicate weakness on the longer timeframe'. ES spent time below that level on Friday but rallied back above … [Continue reading]
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Weakening price action this week. Firstly on Monday - ES could not print above the 10dy Control at 6895.5, see note 11/03. Then on Tuesday, when ES closed RTH below 6877.0, the Buying Day Low on 10/27, see note 10/28. I wrote 10/21 'as long as ES … [Continue reading]
Posted on Written by Chart Prophet

ST: I wrote 10/28, 'First sign of mechanical weakness would now be a RTH close below 6877.0' which is 10/28 Buying Day Low' (dashed line on chart). Tuesday RTH closed below that level. Not too happy about that. read this post on Substack and … [Continue reading]