Daily analysis - Stock Market, Bonds, Forex and more
emini 8th April 2020 The major level at 2719 was tested yesterday. So far rejected. Price relative to the poc is very important to monitor and if time is printed above this level it would be the first LT positive, see highlighted comments from 19th … [Continue reading]
emini 6th April 2020 -pre-open from ChartProfit w/e 03/27 the market bounced back strongly from the low day on Monday. Last week was a consolidation week that held above the 1/2R retracement off the low. The minor (3mn) poc migrated to 2486.0 and at … [Continue reading]
ChartProfit Chart Book - week ending 3rd April 2020 … [Continue reading]
emini 3rd April 2020 - pre-open from ChartProfit The minor (3mn) poc has migrated to 2486.0. Good reference for today, and how we finish the week. Minor (dayframe) strength implied by being above it. Significant Sellers were active on Wednesday … [Continue reading]
emini SP500 2nd April 2020 - pre-open from ChartProfit Wednesday's Value Area was generated below 2556.50, the 3mn poc. This is a weaker position in the ST. Aggressive Selling (red-at-bottom) was marked. Price printing above 2509.75, yesterday's … [Continue reading]
emini 1st April 2020 - pre-open from ChartProfit Like Monday, Tuesday generated a Value Area above the 3mn poc, see Monday's highlighted comments. Overnight ES has printed lower, below that poc (which has migrated slightly to 2556.50) and is in a … [Continue reading]
SP500 emini 31st March 2020 - from ChartProfit Monday's session generated a Value Area above 2555, the 3mn poc, see yesterday's comments. Price above that level is a strong location in the ST. In the longer-term price has been consolidating below … [Continue reading]
emini 30th March 2020 from ChartProfit During Friday's session the 3mn poc migrated to 2555.0. This is a good reference point at the start of this week. Price above that level is a strong location in the ST. But...we've now had twelve Value Areas … [Continue reading]
ChartProfit Chart Book - week ending 27th March 2020 … [Continue reading]
emini ES 27th March 2020 - pre-open from ChartProfit Thursday's session generated a higher Value Area, the third since Monday's low, but it was another (11th) below 2719, the major poc. Consolidation below a major poc is a weak sign. The first … [Continue reading]