Daily analysis - Stock Market, Bonds, Forex and more
In the ST, ES is currently holding above 3775.0, the v min controlling price, which is a sign of ST strength, see yesterday's comments on chart. Price relative to that level is worth monitoring, above/below = strong/weak in the ST. In the LT, ES … [Continue reading]
In the LT, ES is in a strong position if it holds above 3672. Significant Selling (red) being marked below that level would be the first sign of weakness. A v min (8day) controlling price has emerged at 3775.0. Price relative to that level at the … [Continue reading]
ChartProfit Chart Book - week ending 8th January 2021 … [Continue reading]
ES is in a strong position if it holds above 3672. Significant Selling (red) being marked below that level would be the first sign of weakness. Sentiment: My version of the Rydex Assets Ratio is at 18.19. Down from 21.00 reached last week, the … [Continue reading]
ES is in a strong position if it holds above 3672. Significant Selling (red) being marked below that level would be the first sign of weakness. Sentiment: My version of the Rydex Assets Ratio was lower at 18.63. Last week it reached 21.00, the … [Continue reading]
Price has once again been rejected back below 3700, please read previous, highlighted, comments on chart. ES is in a strong position if it holds above 3672. Significant Selling (red) being marked below that level would be the first sign of … [Continue reading]
The 3mn controlling price migrated higher to 3672 on 12/22. We then saw three Value Areas printed entirely above that level which was an indication of strength and then the gap higher at the start of last week. In the longer term, ES is in a strong … [Continue reading]
The 3mn controlling price migrated higher to 3672 early last week. We then saw three Value Areas printed entirely above that level which was an indication of strength and then Monday's VA gapped higher. Price back below 3700 from would be a negative … [Continue reading]
The 3mn controlling price migrated higher to 3672 early last week. We then saw three Value Areas printed entirely above that level which was an indication of strength, see Thursday's highlighted comments. Monday's VA gapped higher and Tuesday's VA … [Continue reading]
The 3mn controlling price migrated higher to 3672 early last week. We then saw three Value Areas printed entirely above that level which was an indication of strength, see Thursday's highlighted comments. Monday's VA gapped higher. In the longer … [Continue reading]