overnight rally extended after open today up to the minor 1/2R
consolidation above 1/2R would put ES in a stronger price location
from Pre-open Today
I will most lkely not be able to produce the Market Profile chart today.
Yesterday’s activity was a tight range centred around the 1178 poc and I know that no Buying or Selling Balances will be marked.
There has been a rally overnight which has continued so far with Stocks higher this morning in Europe and some weakness in the dollar.
ES First Level Support = 1178 poc
Band of Resistance = 1195/1198.
1195 Friday’s poc. 1198 is the 1/2R off last week’s high
