First sign of weakness in the LT would be a Value Area printed entirely below 4391.50, the 2month control. Significant Sellers (red) have not been marked for 40 days. Aggressive Buying (green) was marked on Thursday. A RTH close below the low of that Buying Day, 4430.0 (dashed), would be an indication of weakness in […]

First sign of weakness in the LT would be a Value Area printed entirely below 4391.50, the 2month control. Significant Sellers (red) have not been marked for 39 days. Aggressive Buying (green) was marked on Thursday. A RTH close below the low of that Buying Day, 4430.0 (dashed), would be an indication of weakness in […]

ChartProfit Chart Book – week ending 13th August 2021

08/04 RTH found Support at 4391.50 (the 2mn controlling price). Value Areas since then have been generated above that level – I’ve been writing that that’s an indication of strength. First sign of weakness in the LT would be a Value Area printed entirely below 4391.50. Significant Sellers (red) have not been marked for 38 […]

08/04 RTH found Support at 4391.50 (the 2mn controlling price). Value Areas since then have been generated above that level – an indication of strength. First sign of weakness in the LT would be a Value Area printed entirely below 4391.50. Significant Sellers (red) have not been marked for 37 days. Sentiment: On Friday 30th […]

Last Wednesday’s RTH found Support at 4391.50 (the 2mn controlling price). Value Areas since then have been generated above that level which is an indication of strength. First sign of weakness would be a Value Area printed entirely below 4391.50. Significant Sellers (red) have not been marked for 36 days. Sentiment: On Friday 30th July, […]

Last Wednesday’s RTH found Support at 4391.50 (the 2mn controlling price). Value Areas since then have been generated above that level which is an indication of strength. First sign of weakness would be a Value Area printed entirely below 4391.50. Significant Sellers (red) have not been marked for 35 days. Sentiment: On Friday 30th July, […]

Wednesday’s RTH found Support at 4391.50 (the 2mn controlling price). Value Areas from there have been higher. First sign of weakness would be a Value Area printed entirely below 4391.50. Significant Sellers (red) have not been marked for 34 days. Sentiment: On Friday 30th July, my version of the Rydex Assets Ratio reached 38.57, the […]

ChartProfit Chart Book – week ending 6th August 2021

Wednesday’s RTH found Support at 4391.50 (the 2mn controlling price). Thursday’s Value Area was higher and Aggressive Buying (green) was marked. First sign of weakness would be a Value Area printed entirely below 4391.50. Significant Sellers (red) have not been marked for 33 days. Sentiment: On Friday, my version of the Rydex Assets Ratio reached […]