
minor Control migrated slightly to 5320 = minor Support today. First Support in the longer timeframe is at 5244 - as per previous notes - I'm targeting 5381 if that holds. … [Continue reading]
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Posted on Written by bobd
minor Control migrated slightly to 5320 = minor Support today. First Support in the longer timeframe is at 5244 - as per previous notes - I'm targeting 5381 if that holds. … [Continue reading]
Posted on Written by bobd
minor Support at 5333.0 was broken early in Thursday's session. ES closed RTH just above 05/15 Buying Day low, see note 05/17. First Support in the longer timeframe is at 5244 - I'm targeting 5381 if that holds. … [Continue reading]
Posted on Written by bobd
If ES can hold the minor Support at 5333.0 I'll be targeting 5381. First Support in the longer timeframe is at 5244. … [Continue reading]
Posted on Written by bobd
The minor Control has migrated higher to 5333.0. ES is currently printing close to, but below, that level. ES above that level post RTH-open would be stronger in the ST - First Support in the longer timeframe is at 5244. … [Continue reading]
Posted on Written by bobd
Mechanically, a RTH close below 5286.75 (dashed line on chart) Wednesday's Buying Day Low) would be first sign of weakness. First Support is at 5244, the ST Control. At the start of this week there is minor Support at 5320.0. … [Continue reading]
Posted on Written by bobd
New high reached. Mechanically, a RTH close below 5286.75 (Wednesday's Buying Day Low) would be first sign of weakness but First Support is at 5244, the ST Control. … [Continue reading]
Posted on Written by bobd
There has been a series of positive ST indications starting on 3rd May, see previous comments highlighted on chart, and on Friday, a postive indication on the Weekly time-frame. ST Control has migrated higher to 5244 and that is First Support - as … [Continue reading]
Posted on Written by bobd
Last week was a positive one - time was spent at/above the 3mn VAH, see note 05/07 and ES closed Friday above 5227, see note 05/10, indicating higher on the weekly time-frame. First Support at 5211.50 (minor Control). There could be Resistance around … [Continue reading]
Posted on Written by bobd
ES started showing positive indications on 2nd May, see previous highlighted notes on chart. That has continued through this week. The minor Control has migrated higher to 5231.5 and that is now First Level Support. There could be some Resistance … [Continue reading]
Posted on Written by bobd
The 3mn VAH is at 5207. Time spent at or above this level would be a further positive, see notes 05/03, 05/06 on chart. Support is at 5150, the 1/2R Resistance, Bulls would want to see that level hold now. … [Continue reading]