
ES printing close to Major Support at the 3955 Control. Bulls would want to see that level hold or recover a test quickly. … [Continue reading]
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Posted on Written by Chart Prophet

ES printing close to Major Support at the 3955 Control. Bulls would want to see that level hold or recover a test quickly. … [Continue reading]
Posted on Written by Chart Prophet

On Monday the Resistance at 3983.5, the minor Control, was exceeded and Significant Buying Green was marked - see yesterday's note. Following today's CPI number, ES has moved strongly higher, well above 4100. The LT Support remains at 3955, the Major … [Continue reading]
Posted on Written by Chart Prophet

Early last week there was a test of 3914, the minor VAL. There was a bounce from there but it's been unconvincing so far - the last four Value Areas have been generated below 3983.5, the minor Control, which is a weak position. … [Continue reading]
Posted on Written by Chart Prophet

Following a test of 3914, the minor VAL, ES is currently printing a little above 3955, the major Control. Bulls would want that level to hold. Today, the minor Resistance at 3983.5, has been approached but not exceeded - Significant Buying … [Continue reading]
Posted on Written by Chart Prophet

ES remains in a weak position below 3955, the major Control. The minor VAL at 3914 has been tested outside of RTH and ES has bounced from there but as per yesterday's note, I will be looking for Buying (green) above 3955 before considering new longs. … [Continue reading]
Posted on Written by Chart Prophet

Two days of Significant Selling (red) and ES has broken below the major Control at 3955. That's a weak position. Pre RTH the minor VAL at 3914 has been tested, ES has bounced from there but I will be looking for Buying (green) above 3955 before … [Continue reading]
Posted on Written by Chart Prophet

There was a sell-off in Monday's RTH that approached the First Level Support at 3983.50 but didn't quite test it, see yesterday's note. Major Support is at 3957. … [Continue reading]
Posted on Written by Chart Prophet

Although ES begins this week in a strong position, I'm thinking we'll see First Level Support at 3983.50 tested before 4100 is exceeded. Major Support is at 3957. Resistance is at 4155. … [Continue reading]
Posted on Written by Chart Prophet

On Wednesday ES broke above the minor Resistance at 3983.50 and then out of the 12-day consolidation. First Level Support is now 3983.50 and Resistance at 4155. … [Continue reading]
Posted on Written by Chart Prophet

On Wednesday ES broke above the minor Resistance at 3983.50 and then out of the 12-day consolidation. First Level Support is now 3983.50 and Resistance at 4155. … [Continue reading]