Daily analysis - Stock Market, Bonds, Forex and more
Sharp sell-off on Thursday and Friday generated a lower Value Area. As I wrote pre-open Friday "There is Support at the 3370.50 poc but it is relatively minor". That Support was briefly tested but Friday's VA was almost entirely above that level. A … [Continue reading]
ChartProfit Chart Book - week ending 4th September 2020 … [Continue reading]
See yesterday's pre-open comments, highlighted on chart. I wrote >>Market "may" be in an acceleration move into a top, therefore I have moved a trading stop (daily time-frame) to a day-session close below 3534 which is the low of yesterday's … [Continue reading]
In the pre-open report today I wrote that a trading stop (daily time-frame) was now in place which is a day-session close below 3534, the low of yesterday's Aggressive Buying day. See Green bars on Pulse Chart below which represent Aggressive Buying … [Continue reading]
Strong uptrend has held this week. No Value Area generated entirely below the previous day's controlling price for nine consecutive days. See 08/19 pre-open comments, highlighted on chart. I have marked Aggressive Buying on six of the last eight days … [Continue reading]
Strong uptrend held on Tuesday. No Value Area generated below the previous day's for eight consecutive days. See 08/19 pre-open comments, highlighted on chart. 3370.50 is First Level Support of importance. Key chartsFTSE 100: recent multiple … [Continue reading]
Strong trend up for seven days with no Value Area generated below the previous day's. See 08/19 pre-open comments, highlighted on chart. 3370.50 is First Level Support of importance. Key chartsFTSE 100: recent multiple rejections in June/July at … [Continue reading]
Strong trend up last week with Value Areas generated above the previous day's poc, monday through Thursday. Thursday's low tested Wednesday's poc and rallied immediately. See 08/19 pre-open comments, highlighted on chart. 3370.50 is First Level … [Continue reading]
ChartProfit Chart Book - week ending 28th August 2020 … [Continue reading]
Strong trend up this week with each day's Value Area generated above the previous day's poc. Thursday's low tested Wednesday's poc and rallied immediately. See 08/19 pre-open comments, highlighted on chart. 3370.50 is First Level Support of … [Continue reading]