ATTEMPTED DIRECTION: BUYER or SELLER
1) Rotation Buyer
2) Range Extension Seller
3) Public went home as a… Neither
4) Buying-Selling Tails Neither
5) Open in Bull or Bear Range Neither
ATTEMPTED DIRECTION: …Mixed
Comments: This shows no bias with a “normal” profile.
1) Today’s ES volume compared to prior day & 5-day average
Today (1.132 million) … HIGHER vs. the prior day
5-day Avg. (1.004 million) … UNCHANGED vs. the average
2) Value Area: Inside
3) VA Width: Narrower
COMMENTS: The VA placement was inside and narrower vs. the previous day’s VA with better but still low volume.
Monthly Trend = Bullish
Weekly Trend = Bullish
Daily Trend = Bullish
POTENTIAL RESULTS: Monthly Jobs data will be released before after the open and there is a variety of Fed-heads speaking in the afternoon.
(HVA)Support = 2532.00 to 30.25, 2505.50 to 02.00, 2497.75 to 92.75
(HVA)Resistance = 2544.00 to 49.25 … 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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