Assessments / Blog

ES #F More Supply

The daily chart of the S&P 500 mini futures contract above shows our proprietary SUPPLY and DEMAND Dashboard and BXB (Bar by Bar) Signals using data from the NYSE.

More Supply at the end of Yesterday’s trading session. The ES closed lower by 13.25-points.

Signals are Bearish on the Supply and Demand Dashboard, except for average volatility which is still in Bullish territory, but close to Bearish territory at 92 (>100 is Bearish).

Selling pressure has developed and Comparative Strength is still weakening.

The Transportation Indexes weakened Yesterday and Volatility is rising.

If the market continues to pull back to the downside first resistance should be found at 2814.00. The next stop could be 2797.50, with our target at 2777.00.

Comparative Strength Watch list:

Comparative Strength in $VIX is rising with Transportation weakening. The ES weakening more than the Nasdaq.

End of the day Signals March the 20th:   

S & D Dashboard Algorithm turned Bearish, although Average Volatility still in Bullish territory

Daily Signals changed to the upside with a balanced market warning

These readings are an independent assessment of the one and only measureable fundamental market mover: SUPPLY and DEMAND. It does not matter if price is influenced by a geopolitical event, seasonality, fundamental economic data releases or sentiment driven news, etc. It all reflects in Supply and Demand, the “footprints” of the “Big Boys” or “Smart Money”.


At the time of writing the ES is trading at 2819.75, if Volatility Increases further and the Transportation Indexes move further to the downside, a deeper pullback to the downside is possible.

Link to Facebook Group where these assessments are also posted regularly.

Links to recent research posts:


Click on this link to read more....


Click on this link to learn more....


The information delivered here is for educational purposes only and is not intended to be a recommendation to purchase or sell any of the stocks, futures or other securities referenced. All references are for illustrative purposes only and are not considered endorsed or recommended for purchase or sale by MC Trading.

Trading Forex, Stocks and Options, Futures and any Cryptocurrency, Commodity or ETF contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results and no representation is being made that any account will or is likely to achieve profits or losses similar to those shown. MCTrading has taken reasonable measures to ensure the accuracy of the information contained herein and on this website, however MCTrading does not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or from an inability to access such information or any delay in or failure of the transmission or receipt of any instruction or notification in connection therewith.