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ES_F e-mini 8th June 2023

Posted on June 8, 2023 Written by Chart Prophet

LT: see yday's note highlighted on chart. ST: price relative to 4277 worth monitoring today. … [Continue reading]

ES_F e-mini 7th June 2023

Posted on June 7, 2023 Written by Chart Prophet

w/e 05/26 there was a rejected test of the major Control (Support) at 4137. Higher low last week that bottomed above 4159 (1/2R Support off last year's high). In longer timeframe this is positive price action, see note 05/22 on chart. Major Support … [Continue reading]

ES_F e-mini 6th June 2023

Posted on June 6, 2023 Written by Chart Prophet

w/e 05/26 there was a rejected test of the major Control (Support) at 4137. This was followed by a higher low last week that bottomed above 4159, the 1/2R Support off last year's high. In the longer timeframe this is positive price action, see … [Continue reading]

ES_F e-mini 2nd June 2023

Posted on June 2, 2023 Written by Chart Prophet

On Thursday the minor Resistance at 4202.0 was exceeded and Significant Buying (green) was marked. Pre-RTH today ES had printed above 4250. LT: Bulls would want to see ES hold the 4137 major Control (Support). … [Continue reading]

ES_F e-mini 1st June 2023

Posted on June 1, 2023 Written by Chart Prophet

Resistance on Wed was 4205, see yday's note, and RTH high 4204.5. Minor Resistance today is 4202.0.LT: bulls would want to see ES hold the 4137 major Control (Support). … [Continue reading]

ES_F e-mini 31st May 2023

Posted on May 31, 2023 Written by Chart Prophet

The 4137 major Control (Support) could come back into play if stress increases, see note 05/03, but there is higher Support at 4159 (1/2R).Today: 4205 minor Resistance (could become Support). … [Continue reading]

ES_F e-mini 30th May 2023

Posted on May 30, 2023 Written by Chart Prophet

Last week there was a rejected test of the major Control (Support) at 4137. Value Areas on Thu and Fri were generated above that level. 4137 could come back into play if stress increases, see note 05/03, but this is a stronger position. … [Continue reading]

ES_F e-mini 26th May 2023

Posted on May 26, 2023 Written by Chart Prophet

On Wed ES sold down below the major Control at 4137 but recovered and Thu RTH generated a Value Area entirely above that level. 4137 could come back into play if stress increases, see note 05/03. Minor level for reference today is Support at … [Continue reading]

ES_F e-mini 25th May 2023

Posted on May 25, 2023 Written by Chart Prophet

ES sold down below the major Control at 4137 but has recovered and one hour pre-RTH is printing above 4150. Until the debt ceiling issue is resolved 4137 may keep coming into play but price above that level is a stronger position - for more on this … [Continue reading]

ES_F e-mini 24th May 2023

Posted on May 24, 2023 Written by Chart Prophet

Market stress has increased and once again, ES is selling back to the major Control at 4137, see highlighted note from 05/03. This despite the technical positives from last week. Price relative to that level is important to monitor. ST: clue in … [Continue reading]