chartprofit.com

Euro charts in weak positions

Posted on March 4, 2022 Written by Chart Prophet

S&P Futures rejected again at Resistance

Posted on March 4, 2022 Written by Chart Prophet

and remains in a weak position Twice, earlier in the week, the Resistance at 4396 (major controlling price) was tested. As I've been writing, I want to see price above that level before considering new longs. ES opened above the Control on … [Continue reading]

S&P Futures break above Resistance

Posted on March 3, 2022 Written by Chart Prophet

Overnight on Tuesday and again during RTH on Wednesday, the Resistance at 4396 (major controlling price) was tested. As I've been writing, I want to see price above that level before considering new longs. Pre-RTH ES is printing above that level … [Continue reading]

S&P e-mini 2nd March 2022

Posted on March 2, 2022 Written by Chart Prophet

Overnight on Tuesday the Resistance at 4396 (major controlling price) was briefly tested. As I've been writing, I want to see price above that level before considering new longs. … [Continue reading]

S&P 500 Futures – Resistance tested

Posted on March 1, 2022 Written by Chart Prophet

Overnight the Resistance at 4396 (major controlling price) was briefly tested. As I've been writing, I want to see price above that level before considering new longs. … [Continue reading]

S&P 500 e-mini 28th February 2022

Posted on February 28, 2022 Written by Chart Prophet

I'd want to see price above 4396, the major controlling price, before considering new longs. … [Continue reading]

Possible Scenarios for S&P 500

Posted on February 28, 2022 Written by Chart Prophet

Current situation:4396 is the major controlling price and ES remains in a weak position below that price. Possible development:If more time is spent in the shaded area around 4340 then the controlling price could potentially fall, e.g. if 4345 … [Continue reading]

S&P 500 rallies but still in weak position

Posted on February 25, 2022 Written by Chart Prophet

Respecting the volatility I'd want to see ES printing above Support which it isn't right now. First obvious level is 4345 (25dy) which is currently Resistance. Above that, and more importantly, the major at 4396. Even then, I'd want Significant … [Continue reading]

another leg down for the S&P 500 e-mini

Posted on February 24, 2022 Written by Chart Prophet

the major controlling price shifted to 4396 last week and subsequently ES couldn't print above it, a clear sign of weakness as described. No obvious Support - need more market generated information. … [Continue reading]

S&P 500 e-mini remains in a weak position

Posted on February 23, 2022 Written by Chart Prophet

below the major controlling price Two most recent Value Areas have been generated entirely below 4396, the major controlling price, which I have said is a weak position. Where ES prints currently I am not looking at the the long side - it would … [Continue reading]