Daily analysis - Stock Market, Bonds, Forex and more
emini 8th May 2020 ES tested the major Support at 2719 on 04/21 and rallied from there = a higher low. On Monday the major 1/2R at 2786 was tested and there is a possible higher low currently forming here as well. Higher lows at obvious Support … [Continue reading]
emini 7th May 2020 from Chartprofit ES tested the major Support at 2719 on 04/21 and rallied from there = a higher low. On Monday the major 1/2R at 2786 was tested and there is a possible higher low currently forming here as well. Higher lows at … [Continue reading]
emini 6th May 2020 from ChartProfit ES tested the major Support at 2719 on 04/21 and rallied from there = a higher low. On Monday the major 1/2R at 2786 was tested and there is a possible higher low currently forming here as well. Higher lows at … [Continue reading]
emini ES 5th May 2020 from ChartProfit ES tested the major Support at 2719 on 04/21 and rallied from there = a higher low. On Monday the major 1/2R at 2786 was tested and there is a possible higher low currently forming here as well. Higher lows at … [Continue reading]
emini ES pre-open 4th May 2020 from ChartProfit ES tested the major Support at 2719 on 04/21 and rallied from there. Overnight the minor (7mn) controlling price migrated to 2796. Price relative to this level (and the major 1/2R at 2786) is worth … [Continue reading]
ChartProfit Chart Book - week ending 1st May 2020 … [Continue reading]
emini 1st May 2020 ES tested the major Support at 2719 on 04/21 and has rallied from there. On Wednesday Aggressive Buying (green-at-top) was marked. On Thursday, Wednesday's low was broken which negates any ST positive implications of that Buying … [Continue reading]
emini ES 30th April 2020 - pre-open from ChartProfit ES tested the major Support at 2719 on 04/21 and has rallied from there and overnight printed its highest level since 6th March, see chart below. Last week the 7mn controlling price migrated to … [Continue reading]
HYG is very correlated to SPX. There are two 1/2R levels to watch here. The first is off this year's high, dashed line on chart, which hasn't been broken yet. The other is at 78.90, off the 2009 low. Bulls would want to see a higher low being put in … [Continue reading]
emini 29th April 2020 Tuesday's session generated another Value Area above 2719, the major poc. That Support was briefly tested last week, see chart. ES has rallied from there and pre-open today has printed its highest level since 6th March, see … [Continue reading]