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S&P 500 emini pre-open Friday 20th March Following Wednesday's strong up-day, Thursday was a consolidating inside day which generated a narrow Value Area. Significant Sellers were not marked. Bulls would want to see ES holding above the 7month … [Continue reading]

S&P 500 emini pre-open Thursday 19th March Note: we are now following the ES June contract as of this week. See previous highlighted comments. The 7month poc has migrated to 2066.50 and this is now First Level Support. As long as ES holds … [Continue reading]

S&P 500 emini pre-open Wednesday 18th March See yesterday's highlighted comments. ES has stalled at the minor 1/2R off the recent high (2078.00) as has SPY, DIA, QQQ. Momentum (PriceOsc) is still down for these charts but has turned up for IWM … [Continue reading]

S&P 500 emini pre-open Tuesday 17th March I have mentioned in the past that when price is close to a poc of some significance the implications of the Buying and Selling Imbalances become less reliable. Recently Significant Selling (red) … [Continue reading]