Daily analysis - Stock Market, Bonds, Forex and more
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]
The 3mn controlling price migrated higher to 3672 earlier in the week. Price relative to that level is important to moniotor. Strength is indicated if ES is printing above that point. Wednesday's Value Area was printed entirely above that … [Continue reading]
The 3mn controlling price has migrated higher to 3672. Price relative to that level is important to moniotor. Strength is indicated if ES is printing above that point. In the longer term ES appears to have a problem printing convincingly above … [Continue reading]
There has been a faster, more convincing, rejection of 3700 than earlier in the month (see previous comments highlighted on chart). With the sentiment measures getting extreme and the time resistance around this date (again, see previous comments) we … [Continue reading]