Home Futures Trading Advantage Futures – Notes from the Pit 01-12-18

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1) Rotation                                                   Buyer

2) Range Extension                                      Buyer

3) Public went home as a…                         Buyer

4) Buying-Selling Tails                                Buyer

5) Open in Bull or Bear Range                    Buyer


Comments:  This shows a bullish bias with a “trending” profile.


1) Today’s ES volume compared to prior day & 5-day average

Today           (0.978 million) … LOWER vs. the prior day

5-day Avg.   (1.047 million) … LOWER vs. the average

2) Value Area: Higher 

3) VA Width: Wider

COMMENTS:  The VA placement was higher and wider vs. the previous day’s VA with lower volume.

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish                                                                                                                              

POTENTIAL RESULTS: Business Inventories data will be released 30min after the open. The market is still bullish, because it will open tomorrow.

(HVA)Support =     2747.75 to 46.00, 2743.00 to 40.00, 2726.50 to 23.75

(HVA)Resistance = … none

* Indicates important “chart levels” that are not HVAs.

Please use the pivot calculator in the “shared folder” for all of today’s pivots.

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