YESTERDAY
A balance day: value overlapped the day before and the close sat inside value.
- High
- 1,018.50
- VAH
- 1,012.25
- POC
- 1,008.75
- VAL
- 1,004.00
- Low
- 999.75
Close 1,009.50 (inside value)
OVERNIGHT (to 08:35)
- High
- 1,014.75
- POC
- 1,011.00
- Low
- 1,006.25
The overnight traded mostly in the upper half of yesterday's value.
WHERE TODAY IS OPENING
At 08:35 ES trades at 1,013.00: above yesterday's value, inside its range.
SETUPS IN PLAY
-
A2 Opening away from prior value
In its conditions for an open above or below prior value (1,004.00–1,012.25). Final at 09:30.
In these conditions 80% [77 to 83] of 746 opens above or below prior value traded back into it that session, against 46% [43 to 48] of opens beyond the prior range (2010 to 2026).
-
C2 Failed IB extension
Applies to the IB that forms by 10:30; its conditions (the IB's width, the open type, the trend state, confirmed by 14:00) are read from then. A look beyond the IB is measured to its midpoint.
In these conditions 46% [42 to 50] of 539 failed looks reached the IB midpoint before a new extreme, against 15% [13 to 17] of accepted looks (2010 to 2026).
-
D1 Open drive
Classified at 10:30 from the first hour; its condition, first-hour volume not low, is read then.
In these conditions 78% [75 to 81] of 748 open drives closed on the side the drive held at 10:30, against 65% [63 to 66] of open test drives and open auctions (2010 to 2026).
-
D2 Failed extension beyond the overnight range
In its conditions for a look above the overnight high (1,014.75) or below the low (1,006.25). In play if the open is inside the overnight range; measured to the overnight POC 1,011.00.
In these conditions 46% [40 to 51] of 327 failed looks reached the overnight POC before a new extreme, against 12% [10 to 14] of accepted looks (2010 to 2026).
-
BP Breakout retest holds
In its conditions for a break either way. A break is a period close beyond the IB once it forms, or beyond the prior range (999.75–1,018.50) with the open inside it.
In these conditions 59% [55 to 62] of 853 held pullbacks made a new extreme before falling a point back inside, against 16% [15 to 17] of broken pullbacks (2010 to 2026).
-
B4 Failed break of the prior high or low
In its conditions for a look above the prior high (1,018.50) or below the low (999.75). In play if the open is inside the prior range; measured to the prior POC 1,008.75.
In these conditions 33% [28 to 39] of 304 failed looks reached the prior POC before a new extreme, against 8% [6 to 11] of accepted looks (2010 to 2026).
CALENDAR
08:30 (done) · 10:00 release