
The minor Control has migrated lower to 3664.0 (from 3695). Not always a negative but in this case it probably is. Price relative to that level is critical to monitor, below 3664 is weak. … [Continue reading]
Daily analysis - Stock Market, Bonds, Forex and more
Posted on Written by Chart Prophet

The minor Control has migrated lower to 3664.0 (from 3695). Not always a negative but in this case it probably is. Price relative to that level is critical to monitor, below 3664 is weak. … [Continue reading]
Posted on Written by Chart Prophet

ES remains in a weak position at the start of this week. LT: The major control is at 4137. ES is printing below that level = weak position in the LT. The major VAL is at 3705 (dashed line) - in the LT, Bulls would want see rejection of that level, … [Continue reading]
Posted on Written by Chart Prophet

Today - Minor (7day) Control migrated to 3748.5. Pre RTH, ES is printing above that level, so possible Support. More important Support at 3695. The major VAL is at 3705 (dashed line) - on the longer timeframe Bulls would want see rejection of that … [Continue reading]
Posted on Written by Chart Prophet

Today - Minor (5day) Resistance migrated to 3796.0. Pre RTH, there was a rejected test of that level, but price printing time above it would indicate higher in the ST. Support at 3695. The major VAL is at 3705 (dashed line) - on the longer … [Continue reading]
Posted on Written by Chart Prophet

Support at 3695. ES currently 3765. Minor (5day) Resistance at 3784.50. Price back above that level today would indicate higher in the ST. The major VAL is at 3705 (dashed line) - on the longer timeframe Bulls would want see rejection of that … [Continue reading]
Posted on Written by Chart Prophet

I wrote yesterday that First task for the Bulls is to auction ES above the 3695 Resistance. That was done. The major VAL is at 3705 (dashed line) - on the longer timeframe Bulls would want see rejection of that reference level, see last Tuesday's … [Continue reading]
Posted on Written by Chart Prophet

ES remains in a weak position on every timeframe. First task for the Bulls is to auction ES above the 3695 Resistance. The major VAL is at 3705 (dashed line) - on the longer timeframe Bulls would want see rejection of that reference level, see last … [Continue reading]
Posted on Written by Chart Prophet

see Tuesday's note on chart - most important. Thursday RTH open, ES briefly tested the 3695 min Control and immediately sold off. Closely approached it again overnight but that level (currently Resistance) has not been exceeded. Still weak position … [Continue reading]
Posted on Written by Chart Prophet

see Tuesday's note on chart - most important. Today, I'm again watching price relative to the 3695.0 minor control. Time (a Value Area) above that level would be a positive in the ST. No obvious Support. … [Continue reading]
Posted on Written by Chart Prophet

see yesterday's note on chart - most important. Today First Resistance is the minor control at 3695.0. Time above that level would be first positive in the ST. … [Continue reading]