Daily analysis - Stock Market, Bonds, Forex and more
emini 19th March 2019 - pre-open from ChartProfit Early in the month there was a rejected test of the major Value Area High (VAH) at 2818, the major pocs for both ES (2718) and SPY (272.49) were subsequently tested. These Support levels held and the … [Continue reading]
emini 18th March 2019 - pre-open from ChartProfit Early in the month there was a rejected test of the major Value Area High (VAH) at 2818, the major pocs for both ES (2718) and SPY (272.49) were subsequently tested. These Support levels held and the … [Continue reading]
Dollar Index - first sign of weakness in this chart would be time printed below 96.38 (the minor 1/2R off December high). … [Continue reading]
DAX has formed a higher low above 11317, the 8mn poc. This can be a strong pattern. Price has reached 11730, the 6mn VAH. Acceptance (time) at this level would be a bullish indication. … [Continue reading]
TLT spent the week printing back above 121.0, the major poc. Strong position if chart can hold that level. … [Continue reading]
SPY found Support at 272.49, the major poc. This can be a powerful pattern. The 18mn VAH is now being probed again. Acceptance (time) at this level would be bullish. … [Continue reading]
Oil - USO formed a higher low at the 11.41 major Support. This is often a strong pattern. Strong position above that level. … [Continue reading]
FTSE found Support at 7037, the 18mn controlling price, in late Feb and this week probed 7223.30, the 1/2R Resistance once again. Price above this level would be a strong position. … [Continue reading]
