
ES emini forecast Bullish: the current major at 2718 is exceeded and becomes Support. Bearish: the current major is not probed or acts as Resistance. Time spent in grey band migrates the major lower from 2718. … [Continue reading]
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ES emini forecast Bullish: the current major at 2718 is exceeded and becomes Support. Bearish: the current major is not probed or acts as Resistance. Time spent in grey band migrates the major lower from 2718. … [Continue reading]
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emini 25th January 2019 - pre-open See Wednesday's highlighted comments. Since those comments ES has spent most time at 2636. I am watching for possible migration of the major, currently at 2718. More time would be needed. 01/17 was an Aggressive … [Continue reading]
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emini 24th January 2018 - pre-open from Chartprofit See yesterday's comments. Wednesday's session generated a lower/overlapping Value Area. 01/17 was an Aggressive Buying day. The low of that day was 2605.50. Time below that level would negate that … [Continue reading]
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emini - Wednesday 23rd January 2019 ES may find the 1/2R at 2636 attractive. Currently the major poc is at 2718. If enough time is spent at 2636 the major could migrate to that level. That may take some time and imo would probably not be bullish. … [Continue reading]
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emini futures 22nd January 2019 - pre-open from Chartprofit Following Thursday's Aggressive Buying (green-at-top) Friday's session generated a Value Area entirely above 2636, the 1/2R (SPY = 263.85). This level is now Support. Price printing time … [Continue reading]
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USDJPY chart: the major controlling price recently migrated to 112.60. Chart is currently printing below that level in a weak price location. … [Continue reading]
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EURUSD chart is currently printing below 1.1450, the 1/2R. Support at 1.1310 (previously a major poc). … [Continue reading]
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GBPUSD: the chart bounced again from the second test of 1.2481 (30mn poc). Potentially a double-bottom here if that Support holds. … [Continue reading]
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Cash Gold has closed the week in a weak position back below the major poc. … [Continue reading]
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USO Resistance - on 12/07 chart found Resistance at 11.41, the Major Poc and fell sharply lower from there. Has rallied back and is approaching that Resistance again. This is an important chart. Price above 11.41 would be a positive for risk-on. … [Continue reading]