posted 08.55 a.m. est pre-open comment Monday 14th October Last week I marked Significant Buying three times and Significant Selling once. Aggressive Buying (green-at-top) was marked again on Friday with Friday's Value Area being printed … [Continue reading]
Chartprofit webcast 11th October
Today's ChartProfit Webcast is available to view at: https://www.chartprofit.com/video/cp__131011.html … [Continue reading]
SPY – 169.10 Resistance probed yet again
S&P 500 emini pre-open Friday 11th October
posted 08.48 a.m. est pre-open comment Friday 11th October I marked dayframe Aggressive Buying (green-at-top) on Thursday as ES gapped back up to probe the 1685.50 poc. In the longer timeframe it can be said that Sellers are currently … [Continue reading]
SPY – Buyers marked but Breadth turns negative
S&P 500 emini pre-open Thursday 10th October
posted 08.53 a.m. est pre-open comment Thursday 10th October See yesterday's comments highlighted on graphic. Tuesday's red-at-bottom low was tested but Buyers Responded (green-at-bottom) and auctioned ES back above the 1653.50 poc. This is … [Continue reading]
SPY – new 22 day low and Breadth turns neutral
S&P 500 emini pre-open Wednesday 9th October
posted 09.22 a.m. est pre-open comment Wednesday 9th October The 1653.500 poc was tested on Wednesday and Aggressive Selling (red-at-bottom) was marked. Red-at-bottom lows are usually tested within a day or two. Bulls would want to see price … [Continue reading]
SPY in weak price location and momentum turns negative
S&P 500 emini pre-open Tuesday 8th October
posted 09.17 a.m. est pre-open comment Tuesday 8th October Monday's session generated a lower Value Area, closing near the low of the day. Friday's low was broken and this negates any ST positive implications of Friday's Aggressive Buying … [Continue reading]
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