chartprofit.com

Daily analysis - Stock Market, Bonds, Forex and more

ES_F e-mini 15th May 2024

Posted on Written by

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]

ES_F e-mini 13th May 2024

Posted on Written by

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]

ES_F e-mini 10th May 2024

Posted on Written by

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]

ES_F e-mini 3rd May 2024

Posted on Written by

This week ES failed at the 5150 Resistance (see note 04/24) and then tested the 1mn Value Area Low at 5044 (dashed grey line). Has bounced from there (a positive). Development: overnight the Control has migrated slightly higher to 5104.0 (a … [Continue reading]

ES_F e-mini 1st May 2024

Posted on Written by

ES failed at the 5150 Resistance (see note 04/24) and subsequently declined below the 5099.50 Control. Weak position. Today ES has tested the 1mn Value Area Low at 5044 (dashed grey line). Time at or below this level would indicate more weakness imo. … [Continue reading]

ES_F e-mini 29th April 2024

Posted on Written by

as per Wednesday's note: It would be unusual to see a dip from high end on a week with Friday on the low (but not unknown) that's why I'd rather see if ES can recover above Resistance at 5150 (1/2R off high - dashed) before looking long. ES … [Continue reading]