Daily analysis - Stock Market, Bonds, Forex and more
emini 15th August 2019 - pre-open from ChartProfit Read yesterday's comments first. ES sold off overnight on Wednesday and the session opened with a rejected probe of 2887, the 15mn poc. ES sold off quickly and the entire Value Area was generated … [Continue reading]
Wednesday 14th August 2019 Both Aggressive Buying (green) and Selling (red) have failed to extend over the last few days. This is rare (see Pulse Chart) and most likely represents a heightened polarity of opinion. Daily technicals look weak but … [Continue reading]
emini 13th August 2019 - pre-open from ChartProfit Thursday's Buying day low was broken on Monday negating any ST bullish implications of that Buying imbalance. The 15mn Support at 2887 was also broken (see yesterday's comments) and pre-open today … [Continue reading]
emini 12th August 2019 from ChartProfit The high of an Aggressive Buying day is usually re-tested (80%) within two sessions. That didn't happen in Friday's session and pre-open today ES is printing close to Thursday's Buying day low (2892.50). If ES … [Continue reading]
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emini 9th August 2019 - pre-open from ChartProfit Thursday's Value Area was generated entirely above 2887, the 15mn poc, this is now Support. Aggressive Buying (green-at-top) was marked, see yesterday's comments. With the shift in just the last few … [Continue reading]
lipperusfundflows reported Equity Fund (inc ETF) outflows of $25.2 Billion in the week to 7th August. This is a huge single-week outflow. Since 2009 this is the third largest. Only w/e 12/14/18 and 12/21/18 were larger. Investors seem to have become … [Continue reading]
Amazingly, AAII Bears% doubled this week, from 24.1% to 48.1%, the highest since the first week of the year. At the same time Bulls% fell from 38.4% to 21.7% meaning that the net (Bulls minus Bears) fell from positive 14.3 to a negative -26.5. This … [Continue reading]
emini 8th August 2019 During Wednesday's session the 15mn Resistance at 2887 was tested. Pre-open today ES is printing just above that level. The low for this decline came on Monday and that was an Aggressive Selling day, so I call that a weak low … [Continue reading]
