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Technical analysis - Market pre-open 26th February 2016 See previous highlighted comments. On Thursday I marked Aggressive Buying (green-at-top) and overnight ES has printed as high as 1968.75 which is above 1956.90, the 1/2R off last year's high, … [Continue reading]
Technical analysis - Market pre-open 25th February 2016 See previous highlighted comments. ES opened lower on Wednesday but First Level Support at 1886.50 held exactly and a strong reversal followed. Although the Value Area was lower and wider it … [Continue reading]
Technical analysis - Market pre-open 24th February 2016 See previous comments. Tuesday's session generated a sixth consecutive Value Area above the 1870 poc but ES has sold off overnight and as of one hour pre-open has printed as low as 1896. … [Continue reading]
Pre-open Tuesday 23rd February See previous comments. Monday's session opened gap up with a new high for this rally and a fifth consecutive Value Area generated above the 1870 poc. Bulls would now want that level to hold. There is Resistance at … [Continue reading]
Chartprofit eBook is available to view … [Continue reading]
Technical analysis - Market pre-open 22nd February 2016 See previous comments. ES has consolidated for three days above 1905 and the four most recent Value Areas have been generated above the 1870 poc which is now important Support. Bulls would … [Continue reading]
Chartprofit webcast is available to view … [Continue reading]
Technical analysis - Market pre-open 19th February 2016 See previous comments. ES stalled on Thursday, generating a narrow, overlapping Value Area. However, this is the third Value Area printed entirely above the 1870 poc and as long as ES holds … [Continue reading]
Technical analysis - Market pre-open 18th February 2016 See previous comments. ES rallied further on Wednesday generating a second Value Area above the 1870 poc which is now important Support. Bulls would now want that level to hold. Price … [Continue reading]
Pre-open Wednesday 17th February See previous comments. ES opened above the 1870 poc on Tuesday. Support was then found at that level, see chart, price rallied and more time was printed close to the 56 day poc (1886.50). Aggressive Buying was … [Continue reading]