ChartProfit
@chartprofit.bsky.social
S&P 500 emini trader. Not financial advice.
#ES_F You can see from the chart that despite yesterday's volatility in early RTH, Wednesday's Value Area (like Mon's and Tue's) was generated entirely above 6956, the 6mn Control. There was further Support at that level later in the session. This should have us leaning to the... more on chart
February 12, 2026 at 2:48 PM
#ES_F You can see from the chart that despite yesterday's volatility in early RTH, Wednesday's Value Area (like Mon's and Tue's) was generated entirely above 6956, the 6mn Control. There was further Support at that level later in the session. This should have us leaning to the... more on chart
#ES_F Pre-RTH on Monday I wrote that 'time printed above 6956 would be a further positive development imo'. Mon's Value Area was generated entirely above that level so I'm assuming ES is setting up for a break higher. Price back below 6956 would obviously not be welcome...more on chart
February 10, 2026 at 2:34 PM
#ES_F Pre-RTH on Monday I wrote that 'time printed above 6956 would be a further positive development imo'. Mon's Value Area was generated entirely above that level so I'm assuming ES is setting up for a break higher. Price back below 6956 would obviously not be welcome...more on chart
#ES_F Pre-RTH on Fri I wrote 'From my pov it's a matter of will ES close above that major at 6853. If it does it will look a lot less bearish and the market could repair'. Buyers showed their intent at the RTH open - testing and immediately rejecting 6853, which initiated a rally up... more on chart
February 9, 2026 at 2:26 PM
#ES_F Pre-RTH on Fri I wrote 'From my pov it's a matter of will ES close above that major at 6853. If it does it will look a lot less bearish and the market could repair'. Buyers showed their intent at the RTH open - testing and immediately rejecting 6853, which initiated a rally up... more on chart
#ES_F Friday is often the best day for determining the intent of Significant players - ahead of the weekend do they hold or fold? Where do they close it? From me it's a matter of will ES close above the major at 6853? If it does it will look a lot less bearish and the market could.. more on chart
February 6, 2026 at 2:23 PM
#ES_F Friday is often the best day for determining the intent of Significant players - ahead of the weekend do they hold or fold? Where do they close it? From me it's a matter of will ES close above the major at 6853? If it does it will look a lot less bearish and the market could.. more on chart
#ES_F On Tuesday there was an early rejection of 7011.50. On Wednesday there was an early rejection of 6956. Both levels given pre-RTH, see arrows on chart and highlighted notes. That's not positive price action. BUT.. currently ES is printing just above 12-month Support at 6853... more on chart
February 5, 2026 at 2:03 PM
#ES_F On Tuesday there was an early rejection of 7011.50. On Wednesday there was an early rejection of 6956. Both levels given pre-RTH, see arrows on chart and highlighted notes. That's not positive price action. BUT.. currently ES is printing just above 12-month Support at 6853... more on chart
#ES_F I wrote pre-RTH yesterday 'There is a minor Control at 7011.50 and price relative to that level is worth monitoring today. I'll be watching for an early rejection in either direction'. #ES opened RTH and tested above 7011.50 for less than 2 minutes (arrow on chart) before... more on chart
February 4, 2026 at 2:26 PM
#ES_F I wrote yesterday '6989 is no longer relevant and no longer valid Resistance'. ES is now printing higher than that level.
ST - There is a minor Control at 7011.50 and price relative to that level is worth monitoring today. I'll be watching for an early rejection in either dir... more on chart
ST - There is a minor Control at 7011.50 and price relative to that level is worth monitoring today. I'll be watching for an early rejection in either dir... more on chart
February 3, 2026 at 2:29 PM
#ES_F I wrote yesterday '6989 is no longer relevant and no longer valid Resistance'. ES is now printing higher than that level.
ST - There is a minor Control at 7011.50 and price relative to that level is worth monitoring today. I'll be watching for an early rejection in either dir... more on chart
ST - There is a minor Control at 7011.50 and price relative to that level is worth monitoring today. I'll be watching for an early rejection in either dir... more on chart
#ES_F On Friday there was a rejected test of the 6989 level shortly after RTH open (arrowed), see notes last three days where this level is discussed. That marked the high of the session. Subsequent time spent at 6956, the major Control, means that 6989 is no longer relevant and no... more on chart
February 2, 2026 at 2:39 PM
#ES_F On Friday there was a rejected test of the 6989 level shortly after RTH open (arrowed), see notes last three days where this level is discussed. That marked the high of the session. Subsequent time spent at 6956, the major Control, means that 6989 is no longer relevant and no... more on chart
#ES_F On Thursday ES opened above the 6989 Support but immediately lost it, falling sharply - breaking the Major Control Support at 6956 and declining all the way down to test the previous 6month Support at 6907 (see note 01/23). The good news? Buyers responded here and rallied it... more on chart
January 30, 2026 at 7:12 PM
#ES_F On Thursday ES opened above the 6989 Support but immediately lost it, falling sharply - breaking the Major Control Support at 6956 and declining all the way down to test the previous 6month Support at 6907 (see note 01/23). The good news? Buyers responded here and rallied it... more on chart
#ES_F At Monday's RTH Open 'there was an immediate rejected test (less than an minute) of the Control at 6956. ES then rallied strongly' - see note 01/27. And from Wednesday's note 'there is minor (1 month) Support at 6989'. Same thing happened again - During Wednesday's session... more on chart
January 29, 2026 at 2:32 PM
#ES_F At Monday's RTH Open 'there was an immediate rejected test (less than an minute) of the Control at 6956. ES then rallied strongly' - see note 01/27. And from Wednesday's note 'there is minor (1 month) Support at 6989'. Same thing happened again - During Wednesday's session... more on chart
#ES_F Price action has been positive since last week's low (see recent notes on chart) with Buyers responding at the 'right' levels. There is minor (1 month) Support at 6989 in the short term. In the longer term, price relative to the Control at 6956 is very important to monitor.
January 28, 2026 at 2:34 PM
#ES_F Price action has been positive since last week's low (see recent notes on chart) with Buyers responding at the 'right' levels. There is minor (1 month) Support at 6989 in the short term. In the longer term, price relative to the Control at 6956 is very important to monitor.
#SPY yesterday - #ES immediately rejected a test of the 6956 Control at the RTH open. 6956 is now a proven level and price printing time back below that Support in the near term would be disruptive for the Bull case and suggest further downside’.
See daily and weekly trend harts for SPY.
See daily and weekly trend harts for SPY.
January 27, 2026 at 2:42 PM
#ES_F From today’s pre-RTH note ‘More time spent at 6956 on Friday - elevating its status to 6mn Control... Price relative to this level is very important to monitor. ‘
At Open there was an immediate rejected test of the Control and ES rallied strongly. That’s a positive and a... more on chart
At Open there was an immediate rejected test of the Control and ES rallied strongly. That’s a positive and a... more on chart
January 26, 2026 at 11:55 PM
#ES_F From today’s pre-RTH note ‘More time spent at 6956 on Friday - elevating its status to 6mn Control... Price relative to this level is very important to monitor. ‘
At Open there was an immediate rejected test of the Control and ES rallied strongly. That’s a positive and a... more on chart
At Open there was an immediate rejected test of the Control and ES rallied strongly. That’s a positive and a... more on chart
#ES_F More time spent at 6956 on Friday - elevating its status to 6mn Control (migrating higher from 6907). Price relative to this level is very important to monitor.
January 26, 2026 at 2:37 PM
#ES_F More time spent at 6956 on Friday - elevating its status to 6mn Control (migrating higher from 6907). Price relative to this level is very important to monitor.
#ES_F Development: The 1mn Control has migrated back to 6956. In the ST, price relative to this level is worth monitoring.
In the LT, the levels given yesterday are still active. First of which is the 6-month Support at 6907, see arrows on chart.
In the LT, the levels given yesterday are still active. First of which is the 6-month Support at 6907, see arrows on chart.
January 23, 2026 at 2:59 PM
#ES_F Development: The 1mn Control has migrated back to 6956. In the ST, price relative to this level is worth monitoring.
In the LT, the levels given yesterday are still active. First of which is the 6-month Support at 6907, see arrows on chart.
In the LT, the levels given yesterday are still active. First of which is the 6-month Support at 6907, see arrows on chart.
#ES_F recovered the 12-month Support at 6845 on Wednesday, which is encouraging. Also the 6-month at 6907. Bulls would want to see 6907 hold or a test of that level recover. Looking for time (a Value Area) to build above 6907 to confirm a more positive view.
January 22, 2026 at 3:06 PM
#ES_F recovered the 12-month Support at 6845 on Wednesday, which is encouraging. Also the 6-month at 6907. Bulls would want to see 6907 hold or a test of that level recover. Looking for time (a Value Area) to build above 6907 to confirm a more positive view.
S&P 500 - Does this help?
January 21, 2026 at 2:46 PM
S&P 500 - Does this help?
#ES_F broke the 12-month Support at 6845 on Tuesday and currently prints below that level in a weak position. A test of the major Value Area Low (VAL) around 6790 might attract Buyers but I would want to see ES back above 6845 before considering long positions.
January 21, 2026 at 2:31 PM
#ES_F broke the 12-month Support at 6845 on Tuesday and currently prints below that level in a weak position. A test of the major Value Area Low (VAL) around 6790 might attract Buyers but I would want to see ES back above 6845 before considering long positions.
#ES_F I wrote on Friday 'ES must hold 6956 to maintain a strong position'. Friday held that Support but events overtook & ES declined sharply. 12-month Support at 6845 has been approached overnight, see inset chart. Bulls need that level to hold - price below 6845 would be a LT weak position.
January 20, 2026 at 2:31 PM
#ES_F I wrote on Friday 'ES must hold 6956 to maintain a strong position'. Friday held that Support but events overtook & ES declined sharply. 12-month Support at 6845 has been approached overnight, see inset chart. Bulls need that level to hold - price below 6845 would be a LT weak position.
#ES_F must hold 6956 to maintain a strong position, see yesterday's note, highlighted on chart.
ST: Today there is 6day Resistance at 7007.0 - a break above that could extend.
ST: Today there is 6day Resistance at 7007.0 - a break above that could extend.
January 16, 2026 at 2:22 PM
#ES_F must hold 6956 to maintain a strong position, see yesterday's note, highlighted on chart.
ST: Today there is 6day Resistance at 7007.0 - a break above that could extend.
ST: Today there is 6day Resistance at 7007.0 - a break above that could extend.
#ES_F Development: 1month Control migrated higher to 6956.0. ES must now hold this level to maintain strong position. Looking higher if that happens.
First mechanical indication of weakness would be a RTH close below 6945.5, dashed on chart.
First mechanical indication of weakness would be a RTH close below 6945.5, dashed on chart.
January 15, 2026 at 2:41 PM
#ES_F Development: 1month Control migrated higher to 6956.0. ES must now hold this level to maintain strong position. Looking higher if that happens.
First mechanical indication of weakness would be a RTH close below 6945.5, dashed on chart.
First mechanical indication of weakness would be a RTH close below 6945.5, dashed on chart.
#ES_F See yesterday's note, highlighted on chart. Support at 6952 (minor Control). Minor Resistance at 7008.0 - time above that level would be a positive.
January 14, 2026 at 2:41 PM
#ES_F See yesterday's note, highlighted on chart. Support at 6952 (minor Control). Minor Resistance at 7008.0 - time above that level would be a positive.
#ES_F I wrote on 01/08 that a rejected test of 6952 could set up a rally. There was a brief, rejected test of that Support overnight on Monday & ES has rallied strongly. Proven Support now at 6952 and first mechanical indication of weakness would be a RTH close below 6945.5, dashed on chart.
January 13, 2026 at 2:20 PM
#ES_F I wrote on 01/08 that a rejected test of 6952 could set up a rally. There was a brief, rejected test of that Support overnight on Monday & ES has rallied strongly. Proven Support now at 6952 and first mechanical indication of weakness would be a RTH close below 6945.5, dashed on chart.
#ES_F Overnight the minor Control at 6952 was briefly tested and rejected. Bulls would want that Support to hold - time below 6952 would be ST negative. First mechanical indication of weakness would be a RTH close below 6945.5 (dashed), Tuesday's Buying Day Low.
January 12, 2026 at 2:37 PM
#ES_F Overnight the minor Control at 6952 was briefly tested and rejected. Bulls would want that Support to hold - time below 6952 would be ST negative. First mechanical indication of weakness would be a RTH close below 6945.5 (dashed), Tuesday's Buying Day Low.
#ES_F I wrote yesterday 'a rejected test of 6952 could set up a rally'. You can see from the chart that there was clear Support right there during yesterday's RTH, but this did not spark a rally, yet. Please also review yesterday's comments highlighted on chart.
January 9, 2026 at 2:19 PM
#ES_F I wrote yesterday 'a rejected test of 6952 could set up a rally'. You can see from the chart that there was clear Support right there during yesterday's RTH, but this did not spark a rally, yet. Please also review yesterday's comments highlighted on chart.