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emini ES 23rd Oct 2020

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A Value Area generated above 3435.5 (1mn poc) would be welcome, see yesterday's highlighted comments on chart. Even better, would be Significant Buying (green) marked above that level. There is Support at 3387, the 1/2R off September high and price … [Continue reading]

emini ES 22nd Oct 2020

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The minor (1mn) controlling price has shifted down to 3435.5. Important for Bulls that ES holds this level. Time below that migrated poc would not be strong price action. Bulls would wantto see Significant Buying (green) marked above that level. … [Continue reading]

emini ES 21st Oct 2020

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Value Areas on Monday and Tuesday have been generated below 3479.0, the minor (12day) controlling price, see Monday's highlighted comments on chart. Aggressive Selling (red) was marked on Monday. This is a weaker position in the ST. I'd want to see … [Continue reading]

emini in weaker position today

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Monday's VA was generated below 3479.0, the minor (11day) controlling price, see yesterday's highlighted comments, and Aggressive Selling (red) was marked. This is a weaker position in the ST. There is Support at 3387, the 1/2R off September high and … [Continue reading]

emini SP500 19th Oct 2020

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Friday's VA was generated above 3479.0, the minor (10day) controlling price, see Freiday's highlighted comments. Price relative to that level could be useful to monitor at the start of this week, above/below = strong/weak. Currently, pre-open, ES is … [Continue reading]

emini ES 16th Oct 2020

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The minor (9day) has migrated to 3479.0. That changes the ST analysis. As long as ES holds above that level it is back in a strong position.Price relative to that level could be useful to monitor in the ST, above/below = … [Continue reading]

ES emini 15th Oct 2020

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Last two Value Areas have been generated below 3519.0, the minor poc. I wrote yesterday that "Price relative to that level could be useful to monitor in the ST, above/below = strong/weak". Stocks>50dyma Nyse 58% (from 60%), Nasdaq 62% (from … [Continue reading]

emini ES 14th Oct 2020

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The v minor poc (7day) has migrated to 3519.0. Price relative to that level could be useful to monitor in the ST, above/below = strong/weak. Significant Selling (red) marked below that level would mindicate a test of First Level Support at … [Continue reading]