Daily analysis - Stock Market, Bonds, Forex and more
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 … [Continue reading]
ChartProfit Chart Book – week ending 6th August 2021 … [Continue reading]
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) … [Continue reading]
Wednesday's RTH found Support at 4391.50 (the 2mn controlling price). First sign of weakness would be a Value Area printed entirely below that level. Significant Sellers (red) have not been marked for 32 days. Sentiment: On Friday, my version of … [Continue reading]
First sign of weakness would be a Value Area printed entirely below 4391.50 (the 2mn controlling price). Significant Sellers (red) have not been marked for 31 days. Sentiment: On Friday, my version of the Rydex Assets Ratio reached 38.57, the … [Continue reading]
The 2mn has migrated higher again - up to 4391.50. First sign of weakness now would be a Value Area below that level. Significant Sellers (red) have not been marked for 30 days. Sentiment: On Friday, my version of the Rydex Assets Ratio reached … [Continue reading]
On 07/22 the 2mn moved to 4353.0. The last six value Areas have been generated entirely above that level which is a positive indication. First sign of weakness would be a Value Area below 4353. Significant Sellers (red) have not been marked for 29 … [Continue reading]
Thursday's RTH session generated a Value Area entirely above 4340, the 1 month controlling price, and again, Aggressive Buying (green) was marked. A Value Area generated back below that level would weaken the current, strong, position. Sentiment: … [Continue reading]
Wednesday's Value Area was generated higher and time was spent above 4340, the 1 month Resistance, which puts ES back in a strong position if it can be held. Aggressive Buying (green) was marked again. A RTH close below 4326 (dashed), today's Buying … [Continue reading]
Monday's Value Area was generated entirely below 4340 (1mn poc) which is a first sign of weakness on the longer timeframe, see previous comments. I want to see ES printing back above that level before looking at new longs but Aggressive Buying … [Continue reading]