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w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672. There was a rejected test of that level, overnight on the following Monday. Since then, Aggressive Buying has been marked four times. First Level Support is at … [Continue reading]
In w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672. Since an overnight test of that level on the following Monday, Aggressive Buying has been marked four times. First Level Support is at 3797, see last … [Continue reading]
In w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672. Since an overnight test of that level on the following Monday, Aggressive Buying has been marked three times. First Level Support is at 3797, see last … [Continue reading]
Last week was constructive. Previous week, w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672 (see chart) and from an overnight test of that level on the following Monday. Aggressive Buying was marked twice last … [Continue reading]
ChartProfit Chart Book - week ending 5th February 2021 … [Continue reading]
It's been a constructive week. In the w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672 and from an overnight test of that level on Monday, Sig Buyers re-entered and there has been a strong rally this week. … [Continue reading]
Following the test of the 3672 major Support overnight on Monday, ES has recovered back above 3797, the 3mn. Value Areas on Tue and Wed were generated entirely above that level. This is a strong position with First Level Support at … [Continue reading]
Following the test of the 3672 major Support overnight on Monday, ES has recovered back above 3797, the 3mn. In fact yesterday's Value Area was generated entirely above that level. This is a strong position (see yesterday's comments) with First Level … [Continue reading]
Rare to see Aggressive Selling and Buying marked on consecutive days. Following the test of the 3672 Support overnight on Monday, Buyers re-entered and have auctioned ES back to the 3mn at 3797. Price printing time above that level would be a … [Continue reading]
pre-open on 27th I wrote "time below 3797 would suggest further weakness and a test of the longer-term Support at 3672". Overnight that Support has been tested with ES printing as low as 3656. From the test ES has rallied to 3750. Price printing … [Continue reading]