webcast 7th July
Archives for July 2010
S&P 500 emini pre-open Wednesday 7th July
posted 8.15 a.m. est Pre-open Wednesday 7th July On Tuesday, following a positive opening, Significant Sellers Responded early in the session and auctioned ES quickly back to the 1023 minor poc. Price action is still weak suggesting the market has not gone low enough to find a convincing response from the Buyers. Dayframe: Maybe a […]
S&P 500 emini pre-open Tuesday 6th July
posted 9.23 a.m. est Pre-open Tuesday 6th July Longframe: Long positions are eliminated for me because the ChartProfit Market Timing system (weekly) stayed negative (red) for the ninth consecutive week. Dayframe: Sellers are still in control. First ST sign of strength would come if Effective Buying is marked above the minor poc at 1023. SP500 […]
S&P 500 emini pre-open Friday 2nd July
posted 9.28 a.m. est Pre-open Friday 2nd July Wednesday’s red-at-bottom low was tested yesterday. SPX hit a new 9month low. In Tuesday’s webcast I mentioned four charts that were the most important to monitor this week: Nasdaq Comp, IWM, XLK and DAX. I gave the obvious support levels on these charts. All four have hit […]
S&P 500 emini pre-open Thursday 1st July
posted 9.28 a.m. est Pre-open Thursday 31st July Tuesday’s red-at-bottom low was tested yesterday with more Aggressive Selling (red-at-bottom) which now indicates that Wednesday’s low will be tested during today’s session. First Level Resistance today is the minor poc at 1039. First minor sign of strength will come if ES can print some value above […]