Daily analysis - Stock Market, Bonds, Forex and more
S&P 500 emini 7th February 2020 Last week, Support was tested and held. Since then Value Areas have been printed successively higher with ES reaching a new high yesterday. First sign of LT weakness would now be Effective Selling marked below … [Continue reading]
S&P 500 emini 6th February 2020 - pre-open from ChartProfit recap: On Friday the 4mn Support at 3228 was tested and held. On Monday the poc migrated higher to 3249.0. Value Areas on Tue and Wed were higher and Aggressive Buying (green-at-top) … [Continue reading]
S&P 500 emini 5th February 2020 Price relative to 3249.0, the 4mn poc, is important to monitor (>strong <weak). I would want to see Significant Buying (green) being marked above that level before looking at new longs. Tuesday's Value Area … [Continue reading]
S&P 500 emini 4th February 2020 The 4month poc has migrated higher to 3249.0. Price relative to this level is important to monitor (>strong <weak). I would want to see Significant Buying (green) being marked above 3249 before looking … [Continue reading]
S&P 500 emini 3rd February 2020 S&P 500 emini saw aggressive selling (red-at-bottom) marked on Friday. The Support at the 3228 poc has now been tested, see Wednesday's comments. Pre-open today ES is printing above that level. Price printing … [Continue reading]
The 4month Support at SPY 323.0 was tested at the end of the week. Bulls would want to see this level recovered quickly. … [Continue reading]
from 28th Jan: FTSE rejected from 7620, the major VAH and has declined to test the major Support at 7418. Price printing time below that level would be a further negative. … [Continue reading]
from 24th Jan 20: TLT closed on Friday above 141.69, the 1/2R off August high in a stronger position. Bullish if that Support holds in early part of coming week. … [Continue reading]
Dollar Index - Last week there was a rejected probe of the 1/2R Resistance at 98.0. Price declined sharply at the end of the week and the 3yr poc Support at 97.38 was tested. Price below that level would be a weaker position. … [Continue reading]
The major poc has migrated to GBPUSD 1.3128 from 1.2933. Time printed above 1.3208, the minor 1/2R off Dec high, (dashed line on chart) would put GBPUSD in a strong position. … [Continue reading]