ChartProfit
banner
chartprofit.bsky.social
ChartProfit
@chartprofit.bsky.social
S&P 500 emini trader. Not financial advice.
Pinned
#ES_F First Support (6week) can be moved up to 6814.5. That level tested and rejected twice overnight which is ST positive. More important Support at 6712.50, the Major Control.
#ES_F Major Support is at 6906.0 for the March contract that we are now following. ES opened RTH just above that level. Daily technical trend would turn back up if that holds today; Weekly trend has been up since early June.
December 22, 2025 at 3:10 PM
#ES_F I wrote yday that 6768.5 was 'now important Support again'. You can see on the chart that it held four times during Thu's RTH. That's encouraging. However, enough time was spent at 6781.5 to lift the Major Control to that level and price relative to the new Control is worth monitoring today.
December 19, 2025 at 2:02 PM
#ES_F I wrote yesterday that the Major Control had moved to 6768.5. That was broken during yesterday's RTH but overnight has been recovered and is now important Support again. imo another break and time below that Support would indicate weakness on the longer timeframe.
December 18, 2025 at 2:36 PM
#ES_F Major Control has migrated to 6768.5 (from 6712.50). It is now very important that ES holds this level - Bulls wouldn't want time printed below that level. There is 1mn Resistance at 6847.5 (1mn). Note that for this week I am still reffering to the ES December contract. For SPY.. more on chart
December 17, 2025 at 2:39 PM
#ES I wrote yesterday 'Price relative to 6861.50 is important to monitor'. Monday's RTH opened just above that level (2mn Control) and then immediately sold off below it. Not great price action. The last two Value Areas have been generated entirely below the Control and... more on chart
December 16, 2025 at 2:25 PM
#ES Friday's Value Area was generated entirely below the 2mn (now) Control at 6861.50. In the ST this was an indication of weakness but the dip below 6810 is the lower end of the range that ES has been in since late November and 6861.50 has been recovered overnight. Friday's decline... more on chart
December 15, 2025 at 2:40 PM
#ES correction
Noticed there was a typo in the earlier send.
Should read:
First indication of mechanical weakness would be a RTH close below 6838, yesterday’s Buying Day Low.
December 12, 2025 at 5:05 PM
#ES The Control at 6861.50 provided Support twice intraday on Thu (see chart) - acted as a springboard for a rally with Significant Buying (green) being marked. First indication of mechanical weakness would be a RTH close below 682, yesterday's Buying Day Low. First Level Support is at 6861.5 #SPY
December 12, 2025 at 1:52 PM
#ES_F The early part of yesterday's session was spent below the 6wk Control at 6861.50, see yesterday's highlighted note. Later in the day ES rallied sharply above that level, which is now First Level Support. Daily Technical Trend remains up, Major Support remains at 6712.5.
December 11, 2025 at 2:36 PM
#ES_F Very tight range over last few days ahead of the Fed decision later today. The 6wk Control has settled for now at 6861.50 and price relative to that level would be useful to monitor. ST price action at the start of the week wasn't great, see yesterday's highlighted note... more on chart
December 10, 2025 at 2:23 PM
#ES_F I wrote yesterday that 'at the start of this week 6880.5 is Resistance. In the ST, ES needs to recover that level to regain a strong position'. Yesterday ES opened RTH just above that level and immediately declined below it - not great price action in the ST. Later in the day... more on chart
December 9, 2025 at 2:36 PM
#ES_F The 6wk Control migrated to 6880.5 on Friday Today, ES has opened RTH below that level, so at the start of this week 6880.5 is Resistance. In the ST, ES needs to recover that level to regain a strong position. Daily Technical Trend remains up, Major Support remains at 6712.5.
December 8, 2025 at 3:01 PM
#ES_F The 6wk Control migrated to 6842.5 on Tue & a rejected test of this Support on Thu - another minor positive. We now ignore that level because the 6wk Control has moved to 6861.50. This is now Support & has been tested pre-RTH today - if ES prints above that level I assume the bias is higher.
December 5, 2025 at 2:29 PM
#ES_F The 6wk Control migrated to 6842.5 on Tuesday. ES opened RTH on Wednesday below that level but recovered it and found intraday Support there. Yesterday's VA was generated entirely above that price. These are minor positives and as long as ES prints above that level I assume the bias is higher.
December 4, 2025 at 2:19 PM
#ES_F Enough time was spent at 6842.5 on Tuesday to migrate the 6week Control up to that level. Pre-RTH-open today ES has taken a dip back below that level so 6842.5 is First Resistance today. LT important Support at 6712.50, the Major Control.
December 3, 2025 at 2:25 PM
#ES_F First Support (6week) can be moved up to 6814.5. That level tested and rejected twice overnight which is ST positive. More important Support at 6712.50, the Major Control.
December 2, 2025 at 2:34 PM
#ES_F Significant Buying (green) was marked twice last week and Bulls made good progress, lifting ES back above the Major Support at 6712.5. I wrote on Friday, 'as long as ES holds that level it is in a strong position for a move above 7000....Time back below 6712.5 from here would...more on chart
December 1, 2025 at 2:25 PM
#ES_F Significant Buying (green) has been marked twice this week and Value Areas on Tuesday and Thursday were generated entirely above the Major Support at 6712.5 which is a positive. As long as ES holds that level it is in a strong position for a move above 7000. I have written... more on chart
November 28, 2025 at 2:44 PM
#ES_F Please review yesterday's note, highlighted on chart.
At RTH open on Tuesday ES tested the Major Support at 6712.5 but recovered it very quickly. This initiated a rally above the 6740 Resistance (now First Support) and a strong close with Significant Buying (green) being... more on chart
November 26, 2025 at 2:19 PM
#ES_F Two levels to focus on. The Major Control at 6712.5 (Support) and 6740 (Resistance) which is the 1/2R from the October high to last week's low. One hour pre-RTH, ES is printing between the two. As I have written many times, in a bear trend the 1/2R often brings in a first or... more on chart
November 25, 2025 at 2:23 PM
#ES_F I wrote on Thursday that ES was approaching the 'next area of Resistance between the 10mn poc at 6768.5 and 6774.0, the 1/2R off October high..' Thursday RTH was testing that Resistance from the open but could not hold it and quickly fell back to the lows of the week. Today... more on chart
November 21, 2025 at 6:11 PM
#ES_F Wed RTH, ES found Resistance intraday at the 6702.5 Major Control, but overnight that level has been recovered which is encouraging. Pre-RTH today ES has rallied further and is now approaching the next area of Resistance between the 10mn poc at 6768.5 and 6774.0, the 1/2R off...more on chart
November 20, 2025 at 2:05 PM
#ES_F Sellers have been active and Effective for four days, breaking Support and finding Resistance at obvious levels, e.g. 6768.5 on Monday, see note 11/17. ES yet to recover the Major Control at 6702.5 and below that level is a weak position.
November 19, 2025 at 2:24 PM
#ES_F Further Development. The Major Control, which migrated to 6768.5 on Friday has very quickly fallen to 6702.5 with the time spent at that price on Monday. It is now critical for Bulls that #ES recovers that level. Pre-RTH, ES prints below the Control in a weak position... more on chart
November 18, 2025 at 2:29 PM
#ES_F intraday update
November 17, 2025 at 7:19 PM