Daily analysis - Stock Market, Bonds, Forex and more
The minor control migrated to 4526.5, during Tuesday's RTH. This is now First Resistance. ES is currently printing below that level in a weaker ST position. The first sign of weakness in the LT would be a Value Area printed entirely below 4391.50, … [Continue reading]
ST: Last six Value Areas have been generated entirely above 4483, the minor control, which is a positive in the ST. This is First Level Support. LT: The first sign of weakness in the LT would be a Value Area printed entirely below 4391.50, the … [Continue reading]
ST: Last five Value Areas have been generated entirely above 4483, the minor control, which is a positive in the ST. This is First Level Support. LT: The first sign of weakness in the LT would be a Value Area printed entirely below 4391.50, the … [Continue reading]
ST: Last four Value Areas have been generated entirely above 4483, the minor control, which is a positive in the ST. This is First Level Support. LT: The first sign of weakness in the LT would be a Value Area printed entirely below 4391.50, the … [Continue reading]
ST: Friday's Value Area was generated entirely above 4483, the minor control, that was a positive in the ST. That level is now First Level Support. LT: The first sign of weakness in the LT would be a Value Area printed entirely below 4391.50, the … [Continue reading]
ST: Friday's Value Area was generated entirely above 4483, the minor (15day) control, that was a positive in the ST. That level is now First Level Support. LT: The first sign of weakness in the LT would be a Value Area printed entirely below … [Continue reading]
ChartProfit Chart Book – week ending 27th August 2021 … [Continue reading]
ST: in yesterday's RTH ES opened above 4483, the minor control, but very quickly broke that level, finding Resistance there later in the session, see yesterday's comments and chart. Price holding above 4483 would be the positive in the ST. LT: The … [Continue reading]
ST: Last week there was a rejected test of the 2month control at 4391.50 and ES has rallied strongly from there. There is a minor (10day) control at 4483, useful to monitor price relative to that level for ST positional strength/weakness. LT: The … [Continue reading]
ST: On Thursday last week there was a rejected test of the 2month control and ES has rallied strongly from there and yesterday price action consolidated Monday's gains. LT: The first sign of weakness in the LT would be a Value Area printed … [Continue reading]