Pre-open Tuesday 15th September
Significant Buyers were active again on Monday. They were offered an early opportunity to buy just below the low of the three previous days cumulative Value Area and Responded (green at bottom). They were also active later in the day Aggressively auctioning price higher (green at top). Although the Value Area was wider it was overlapping/lower which may indicate a slowing of the Buyers influence.
Stats suggest a test of Monday’s high (1045.25) during today’s session (green at top is tested 8 out of 10 times the following day). First Level S/R moves to 1040.5 (4dy_poc). As I write, 6a.m. est, ES is printing that price.
Significant Sellers have been absent since 1st September.
