Daily analysis - Stock Market, Bonds, Forex and more
emini ES 23rd March 2020 pre-open from ChartProfit Friday's session generated the seventh consecutive Value Area below 2719, the major poc. Consolidating below a major poc is a weak sign. The first longer-term positive would be ES printing time back … [Continue reading]
19th March 2020 Wednesday's session printed a fifth Value Area below 2719, the major poc. This remains weak price location. The first positive would be ES printing time back above that level. Sentiment: My version of the Rydex Assets Ratio was … [Continue reading]
Tuesday's session printed a fourth Value Area below 2719, the major poc. That's not what Bulls want to see. Price above that level would be a big positive. Sentiment: My version of the Rydex Assets Ratio was lower at 3.35, the lowest since early … [Continue reading]
ChartProfit Chart Book - week ending 13th March 2020 … [Continue reading]
emini ES 12th March 2020 During Wednesday's session ES tested the major poc at 2719 again, please read previous highlighted comments. Overnight, futures have fallen heavily again. Sentiment: My version of the Rydex Assets Ratio was lower at 8.76, … [Continue reading]
The major poc Support at 2719 was tested during Monday's session, see previous highlighted comments. There has been a bounce from there and on Tuesday ES probed the Resistance at 2887 (2yr poc) highlighted on yesterday's chart. Price below the 2719 … [Continue reading]
ES emini 10th March 2020 Last week ES turned down from the 1/2R Resistance at 3125.50, dashed line. With yesterday's price action that 1/2R has fallen to 3046.25, dashed line. The major poc Support at 2719 was tested during Monday's session, see … [Continue reading]
