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ChartProfit
@chartprofit.bsky.social
S&P 500 emini trader. Not financial advice.
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#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 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.
January 15, 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.
January 14, 2026 at 2:41 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.
January 13, 2026 at 2:20 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.
January 12, 2026 at 2:37 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.
January 9, 2026 at 2:19 PM
#ES_F watching price relative to min Control at 6952 & maj Control at 6906. Time < minor would indicate test of the major. A rejected test of 6952 could set up a rally. First mechanical indication of weakness would be a RTH close below 6945.5 (dashed on chart), Tue's Buying Day Low... more on chart
January 8, 2026 at 2:26 PM
#ES_F I wrote yday 'enough time was spent at 6952 to lift the minor Control back to that level... Can ES build time above that level? imo that would confirm the indication higher'. See the chart - clear Support at 6952 during yesterday's RTH. Significant Buying (green) was marked.... more on chart
January 7, 2026 at 2:35 PM
#ES_F I wrote yesterday 'Resistance (1mn) migrated to 6930.5 & time above that level would be a stronger position & indicate higher'. You can see on the chart that ES opened just above that level and Monday's Value Area was generated entirely above that price. Encouraging. However... more on chart
January 6, 2026 at 2:34 PM
#ES_F The important Control remains at 6906 and price relative to that level is important to watch (below would be a weak position). Resistance (1mn) has migrated to 6930.5 and time above that level would be a stronger position and indicate higher. #SPX
January 5, 2026 at 2:16 PM
I wrote yesterday ' #ES is in a ST weak position if it prints below 6955 & would indicate a test of 6930, minimum'. Overnight 6930 was tested. Unless time can be printed back above 6952 (new level) I would anticipate a test of the overnight low (6922.25) - 6912 would be a ST target.
December 31, 2025 at 2:33 PM
#ES_F Minor Control migrated to 6955. #ES is in a ST weak position if it prints below that level and would indicate a test of 6930, minimum. Time above 6955 would indicate higher. Major Support at 6906.
December 30, 2025 at 2:36 PM
Last week #ES_F generated Value Areas > 6906.0, the Major Control, which is encouraging. Today we are printing down from Friday's high but as long as ES holds 6906 it is in a strong position. Today there is minor Support at 6931. Weekly trend has been up since early June, for daily trend see chart.
December 29, 2025 at 4:37 PM
#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