ATTEMPTED DIRECTION: BUYER or SELLER
1) Rotation Buyer
2) Range Extension Both
3) Public went home as a… Buyer
4) Buying-Selling Tails Neither
5) Open in Bull or Bear Range Neither
ATTEMPTED DIRECTION: …Mixed
Comments: This shows a no bias with a “normal” profile.
1) Today’s ES volume compared to prior day & 5-day average
Today (1.169 million) … LOWER vs. the prior day
5-day Avg. (1.253 million) … LOWER 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 lower volume.
Monthly Trend = Bullish
Weekly Trend = Bullish
Daily Trend = Bearish
POTENTIAL RESULTS: No economic data will be released after the open. Last week saw some increased volatility to the downside, which makes one wonder if it will continue this week.
(HVA)Support = 2573.50 to 72.25, 2568.50 to 66.75, 2555.75 to 53.00
(HVA)Resistance = 2476.75 to 78.25, 2582.75 to 84.50 … 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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