Daily analysis - Stock Market, Bonds, Forex and more
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]
Resistance ahead. Red resistance line = time/price or poc. … [Continue reading]
emini ES 26th March 2020 from ChartProfit Wednesday's session generated a second higher Value Area (not overlapping previous), these are the first since 2nd March. It was the tenth consecutive VA below 2719, the major poc. Consolidating below a … [Continue reading]
Tuesday's session generated the first higher Value Area (not overlapping previous) since 2nd March. It was the ninth consecutive VA below 2719, the major poc. Consolidating below a major poc is a weak sign. The first longer-term positive would be ES … [Continue reading]
emini ES 24th March 2020 from ChartProfit Monday's session set a new low for this sell-off and generated the eighth consecutive Value Area below 2719, the major poc. Consolidating below a major poc is a weak sign. The first longer-term positive … [Continue reading]
