Daily analysis - Stock Market, Bonds, Forex and more
Tuesday's session opened just above 3036.5, the 10mn poc, and then immediately rallied. I wrote yesterday that "Bulls would want to see a VA printed back above that level" and that's what we saw, with Aggressive Buying (green-at-top) being marked. A … [Continue reading]
Last two Value Areas have been generated below 3036.5, the 10mn poc, = weak position. Bulls would want to see a VA printed back above that level. If there is further weakness this week then hopefully the minor Value Area Low at 2951 would reject a … [Continue reading]
Friday's Value Area was generated entirely below 3036.5, the 10mn poc, and therefore ended the week in a weak position. Pre-open today, ES is printing below that level. If there is further weakness at the start of this week then hopefully the minor … [Continue reading]
ChartProfit Chart Book - week ending 26th June 2020 … [Continue reading]
The minor poc (now 10mn) has migrated lower with Thursday's price action, see yesterday's highlighted comments. ES is currently printing above that level, and needs to hold it to remain in a strong position. First Level Support in the longer … [Continue reading]
Last week, the 8month migrated to 3106.5, see chart. An early probe into that Resistance was rejected early in Wednesday's session and ES declined from there. Bulls would want to see that level recovered quickly or the 8mn migrating lower. First … [Continue reading]
Last week, the 8month migrated to 3106.5, see chart. Today emini SP500 is printing back below that level in a weaker position. Bulls would want to see that level recovered quickly. Key charts FTSE 100: upside last seven days has been capped at … [Continue reading]
Last week, the 8month migrated to 3106.5, see chart. Today ES is printing above that level today in a strong position. Time printed above the poc would be further bullish price action. Key charts FTSE 100: upside last six days has been capped at … [Continue reading]
Last week, the 8month migrated to 3106.5, see chart. Today ES is printing below that level in a weaker position. Price printing above that Resistance would be further bullish price action. Key charts FTSE 100: upside last five days has been … [Continue reading]
