Daily analysis - Stock Market, Bonds, Forex and more
The 1 mn controlling price is at 3435.5. Price relative to this level is important to monitor at the start of this week, above/below = strong/weak, especially as the distribution that this poc relates to looks complete or close to completition which … [Continue reading]
ChartProfit Chart Book - week ending 23rd October 2020 … [Continue reading]
A Value Area generated above 3435.5 (1mn poc) would be welcome, see yesterday's highlighted comments on chart. Even better, would be Significant Buying (green) marked above that level. There is Support at 3387, the 1/2R off September high and price … [Continue reading]
The minor (1mn) controlling price has shifted down to 3435.5. Important for Bulls that ES holds this level. Time below that migrated poc would not be strong price action. Bulls would wantto see Significant Buying (green) marked above that level. … [Continue reading]
Value Areas on Monday and Tuesday have been generated below 3479.0, the minor (12day) controlling price, see Monday's highlighted comments on chart. Aggressive Selling (red) was marked on Monday. This is a weaker position in the ST. I'd want to see … [Continue reading]
Monday's VA was generated below 3479.0, the minor (11day) controlling price, see yesterday's highlighted comments, and Aggressive Selling (red) was marked. This is a weaker position in the ST. There is Support at 3387, the 1/2R off September high and … [Continue reading]
Friday's VA was generated above 3479.0, the minor (10day) controlling price, see Freiday's highlighted comments. Price relative to that level could be useful to monitor at the start of this week, above/below = strong/weak. Currently, pre-open, ES is … [Continue reading]
ChartProfit Chart Book - week ending 16th October 2020 … [Continue reading]
The minor (9day) has migrated to 3479.0. That changes the ST analysis. As long as ES holds above that level it is back in a strong position.Price relative to that level could be useful to monitor in the ST, above/below = … [Continue reading]
Last two Value Areas have been generated below 3519.0, the minor poc. I wrote yesterday that "Price relative to that level could be useful to monitor in the ST, above/below = strong/weak". Stocks>50dyma Nyse 58% (from 60%), Nasdaq 62% (from … [Continue reading]