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S&P 500 emini price distribution from November 2015 The Value Area low of this entire range is at 2047.50. Wednesday's test of this level brought an immediate Response from the Buyers auctioning ES swiftly back to the controlling price. This … [Continue reading]

S&P 500 emini pre-open analysis:  ES broke below 2080.25, the 1/2R off May high and this level is now First Resistance. Overnight ES has printed as low as 2053.75. Difficult to find vaild Support here and struggling to find any positives with … [Continue reading]

S&P 500 emini analysis: On Monday I marked Aggressive Buying. These green-at-top highs are usually (80%) tested within a day (or two) and are a bullish indication but, as I have mentioned many times, the stat is not as reliable on a gap day, like … [Continue reading]

Pre-open Monday 10th August Last week's high came in at the 2107.00 Resistance (poc) and ES sold off from there. The 1/2R Support at 2080.25 was broken but ES is printing above that level pre-open today. This level is worth watching as it could be … [Continue reading]

Pre-open Friday 7th August Wednesday's high came in at the 2107.00 Resistance (poc) and ES has declined from there. Thusday generated a lower, wider Value Area and the 1/2R Support at 2080.25 was broken. This is weaker price location. Breadth … [Continue reading]