Daily analysis - Stock Market, Bonds, Forex and more
ES needs to recover 4181 before I look at new longs. That controlling price could migrate (best guess would be to 4122.5) and that would change things. Next big Support is at 3897. Sentiment: My version of the Rydex Assets Ratio was higher at … [Continue reading]
Tuesday's RTH Value Area was generated entirely below 4181, see yesterday's comments. That level needs to be recovered before I look at new longs. It could migrate (best guess would be to 4122.5) and that would change things. Next big Support is at … [Continue reading]
Aggressive Selling was marked on Monday (red) and mechanically that eliminates new longs, at least until Significant Buying is marked again (green). ES auctioned down to First Level Support at 4181 in RTH. Overnight, time has been printed below that … [Continue reading]
Mechanically I'm staying bullish with the trend but that would change with a RTH close below 4117.50 (dotted line), the low of the most recent Buying Day. That level would move higher if there is a further Buying Day. In the ST the 1mn Support is … [Continue reading]
ChartProfit Chart Book - week ending 7th May 2021 … [Continue reading]
Yesterday's pre-open comments:I'd want to see 4181.0 recovered before initiating new longs. … [Continue reading]
I've written that I'm staying bullish with the trend but would change that view very quickly with a RTH close below 4117.50 (dotted line), the low of the most recent Buying Day. I stay with that view. The 1mn S/R is at 4181.0. Value Areas on … [Continue reading]
I've written that I'm staying bullish with the trend but would change that view very quickly with a RTH close below 4117.50 (dotted line), the low of the most recent Buying Day. I stay with that view. The 1mn Support is at 4181.0. Tuesday's Value … [Continue reading]
I've written that I'm staying bullish with the trend but would change that view very quickly with a RTH close below 4117.50 (dotted line), the low of the most recent Buying Day. I stay with that view. Dayframe: late last week, the minor Support … [Continue reading]
ChartProfit Chart Book - week ending 30th April 2021 … [Continue reading]