Daily analysis - Stock Market, Bonds, Forex and more
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]
ChartProfit Chart Book - week ending 31st January 2020 … [Continue reading]
S&P 500 emini - pre-open 31st January 2020 from ChartProfit The S&P 500 emini (ES) is struggling to print time above the 1/2R off this month's high at 3285.50 (dashed line). Pre-open ES is printing below that level. I would want to see … [Continue reading]
S&P 500 emini 30th January 2020 - pre-open from ChartProfit During Thursday's session the 1/2R off this month's high at 3285.50 (dashed line), was tested but quickly rejected. Pre-open ES is printing close to 3250. I would want to see … [Continue reading]
ES emini 29th January 2020 - pre-open from ChartProfit Support at the 3228 poc has not been tested. Currently ES is printing above 3285.50, the 1/2R off this month's high. This is encouraging but I would want to see Significant Buying (green) being … [Continue reading]
FTSE was 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]
S&P 500 emini 28th January 2020 - pre-open from ChartProfit S&P 500 emini closed on Friday below 3302.75.0, the 01/16 Buying day low (dashed line on chart), indicating that Buyers had been disrupted and a first sign of technical weakness. … [Continue reading]
S&P 500 futures emini 27th January 2020 I've been writing "First sign of technical weakness would now be a day-session close below 3302.75, that is the 01/16 Buying day low (dashed line on chart). That's what we got on Friday. The 1month poc at … [Continue reading]
EUR to USD ended the week below Support. Earlier in the month there was a rejected probe above 1.1216, the major poc Resistance. EURUSD declined from there and ended the week below 1.1058, the 1/2Range off October low, in a weak position. … [Continue reading]