Daily analysis - Stock Market, Bonds, Forex and more
See yesterday's pre-open comments, highlighted on chart. Aggressive Buyers marked on Monday. 3370.50 is First Level Support. Key chartsFTSE 100: recent multiple rejections in June/July at 6312 (1/2R Resistance off last year’s high). This indicated … [Continue reading]
from pre-open 19th Aug >>Significant Buyers are still responding to minor opportunities and until that dynamic changes I assume they remain in control.<< That remains the case. Last week there were three rejected tests of the 3370.50 … [Continue reading]
ChartProfit Chart Book - week ending 21st August 2020 … [Continue reading]
Pre-open today #ES is printing just below the 3370.50 Support. A Value Area printed below that level would be the first sign of weakness and increase the odds of a re-test of the Support at 3217.50 Key chartsFTSE 100: recent multiple rejections in … [Continue reading]
Early in Tuesday's session there was a rejected test of the 3370.50 Support, see yesterday's comments, and again late in Wednesday's session. Pre-open today ES is printing below that Support in a weaker position. If the location of today's Value Area … [Continue reading]
Early in Tuesday's session there was a rejected test of the 3370.50 Support. ES rallied strongly from there. Significant Buyers are still responding to minor opportunities and until that dynamic changes I assume they remain in control. Key … [Continue reading]
1 month Support/Resistance migrated to 3370.50. Price relative to that level is worth watching. Key chartsFTSE 100: recent multiple rejections in June/July at 6312 (1/2R Resistance off last year’s high). This indicated weakness and FTSE sold off … [Continue reading]
1 month S/R has migrated to 3370.50. Price relative to that level is worth watching at the start of this week.S/R = Support/Resistance … [Continue reading]
On Tuesday the minor Support migrated to ES 3317.50. Price printing time below this level would be first sign of minor weakness. … [Continue reading]
the minor (13 day) Support has migrated to ES 3317.50. Price printing time below this level would be first sign of minor weakness. … [Continue reading]