
ES still struggling with the 4537 Value Area High, see Friday's note on chart. Natural Support at 4490.50 = 1/2R off July high. … [Continue reading]
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Posted on Written by Chart Prophet

ES still struggling with the 4537 Value Area High, see Friday's note on chart. Natural Support at 4490.50 = 1/2R off July high. … [Continue reading]
Posted on Written by Chart Prophet

In the 07/17 note (highlighted on chart) I wrote: "In the longer time-frame ES is probing above the Value Area High at 4537, see daily chart, so we need to watch for rejection. However, as mentioned many times before, acceptance at VAH often … [Continue reading]
Posted on Written by Chart Prophet

The 4mn Control migrated to 4411.50 last week. The Control is likely to move back to 4490 imo which would require time. Whether that happens before or after ES reaches 4680 is ? but 4680 is the current upside target if ES holds 4411.50. … [Continue reading]
Posted on Written by Chart Prophet

The 4mn Control migrated to 4411.50 on Thursday. Price relative to that level is important to monitor as Support. If ES rallies further this week, 4990 may attract time which could be bullish, see yesterday's note though. … [Continue reading]
Posted on Written by Chart Prophet

Various stats indicated that the low of w/e 08/18, at 4350, would be broken last week. It wasn't. Stats keep that break-down as a strong possibility this week. Failure to do so could be an indication of strength. Price above 4490 (1/2R off July high) … [Continue reading]
Posted on Written by Chart Prophet

ST: from yesterday's note "today price relative to 4469 is the level to monitor. An early rejected test could spark a move". high came early in RTH at 4468.75. Today's Support = 4387, Resistance 4411.5. LT: from Monday's note "The 3mn Control … [Continue reading]
Posted on Written by Chart Prophet

from Mon note "The 3mn Control is at 4490 - I'd want to see price printing time above that level before considering new longs."from Thu note: Price relative to the minor Control at 4405 is worth monitoring today. ES opened just above that level and … [Continue reading]
Posted on Written by Chart Prophet

As per Monday's note "The 3mn Control is at 4490 - I'd want to see price printing time above that level before considering new longs. The 3mn Control migrating lower (4410-15 ?) could change that."ST: Price relative to the minor Control at 4405 is … [Continue reading]
Posted on Written by Chart Prophet

ES has printed as high 4440 pre-RTH open today. as per yday's note " The 3mn Control is at 4490 - I'd want to see price printing time above that level before considering new longs. The Control migrating lower (4410-15 ?) could change that." … [Continue reading]
Posted on Written by Chart Prophet

The 3mn Control is at 4490 - I'd want to see price printing time above that level before considering new longs. The Control migrating lower (4410-15 ?) could change that.ST: For now I'm expecting last week's low at 4350 will be tested this week. It … [Continue reading]